Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
France Consumer Spending (MoM) below forecasts (0%) in August: Actual (-0.5%)
France Consumer Spending (MoM) below forecasts (0%) in August: Actual (-0.5%)
France Consumer Price Index (EU norm) (MoM) came in at -0.4%, above forecasts (-0.5%) in September
France Consumer Price Index (EU norm) (MoM) came in at -0.4%, above forecasts (-0.5%) in September
Euro dips further against British Pound as German Retail Sales disappoint
The Euro (EUR) extends losses for the fourth consecutive day against the British Pound (GBP) on Wednesday, as German retail consumption figures failed to cheer investors while the UK Q2 Gross Domestic Product (GDP) was revised higher.
WTI drifts higher above $88.00 as Trump denies Iran sanctions relief
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.30 during the early European trading hours on Wednesday. WTI edges higher after US President Donald Trump denied he would be willing to ‌ease sanctions on Iran.
Japan Annualized Housing Starts declined to 0.753M in August from previous 0.774M
Japan Annualized Housing Starts declined to 0.753M in August from previous 0.774M
1.3%: Germany’s Retail Sales rise by less than expected in August
German Retail Sales, a key measure of consumer spending, showed an upside in August. The consumer spending measure rose 1.3% month-on-month (MoM), according to official data released by Destatis, while it was expected to have increased 2.0%. In July, Retail Sales arrived at -3.4%.
Germany Retail Sales (MoM) below expectations (2%) in August: Actual (1.3%)
Germany Retail Sales (MoM) below expectations (2%) in August: Actual (1.3%)
Germany Retail Sales (YoY) registered at -0.4%, below expectations (0%) in August
Germany Retail Sales (YoY) registered at -0.4%, below expectations (0%) in August
Sweden Retail Sales (YoY) above expectations (0%) in August: Actual (6.9%)
Sweden Retail Sales (YoY) above expectations (0%) in August: Actual (6.9%)
Sweden Retail Sales (MoM) came in at 0.8%, above forecasts (0%) in August
Sweden Retail Sales (MoM) came in at 0.8%, above forecasts (0%) in August
South Africa Private Sector Credit came in at 7.47%, above expectations (0%) in August
South Africa Private Sector Credit came in at 7.47%, above expectations (0%) in August
South Africa M3 Money Supply (YoY) above forecasts (0%) in August: Actual (8.89%)
South Africa M3 Money Supply (YoY) above forecasts (0%) in August: Actual (8.89%)
United Kingdom Current Account above forecasts (£-25.6B) in 2Q: Actual (£-19.932B)
United Kingdom Current Account above forecasts (£-25.6B) in 2Q: Actual (£-19.932B)

