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Equities: Sector rotation dominates risk-off – Danske Bank
Danske Research Team reports equities closed lower in a 2026-style risk-off session driven by sentiment rather than macro or earnings. Higher Oil prices weighed, but the key feature was pronounced rotation from cyclicals into defensives such as energy, consumer staples and health care.
France Current Account fell from previous €-0.1B to €-1.4B in June
France Current Account fell from previous €-0.1B to €-1.4B in June
France Exports, EUR: €54.537B (June) vs €53.581B
France Exports, EUR: €54.537B (June) vs €53.581B
France Imports, EUR: €60.384B (June) vs previous €60.509B
France Imports, EUR: €60.384B (June) vs previous €60.509B
France Trade Balance EUR came in at €-5.847B, above expectations (€-6.5B) in June
France Trade Balance EUR came in at €-5.847B, above expectations (€-6.5B) in June
Euro clings to gains near three-week highs ahead of the US Nonfarm Payrolls report
The Euro (EUR) is trading flat, a handful of pips below 1.1530 against the US Dollar (USD) on Friday, following a mild pullback from three-week highs at 1.1560 earlier on the week.
Euro: Rebound against US Dollar faces key cloud barrier – UOB
UOB Group’s Quek Ser Leang highlights that EUR/USD has staged a sharp rebound after drifting sideways, following a decline from January’s high to mid-June’s low.
Indonesian Rupiah strengthens as foreign inflows surge into domestic assets
USD/IDR has pared its recent gains from the previous day, trading around 17,940 during the Asian hours on Friday.
United Kingdom Lloyds House Price Index (MoM) came in at 0%, below expectations (0.1%) in July
United Kingdom Lloyds House Price Index (MoM) came in at 0%, below expectations (0.1%) in July
United Kingdom Lloyds House Price Index (YoY) came in at 0.1%, below expectations (0.4%) in July
United Kingdom Lloyds House Price Index (YoY) came in at 0.1%, below expectations (0.4%) in July
German Industrial Production rises 0.2% MoM in June, beats 0.1% estimates
Germany’s Industrial Production rises 0.2% Month-on-Month (MoM) in June, the latest data published by Destatis showed on Friday. The growth was faster than the 0.1% estimate, but slower than the previous reading of 0.7%, revised lower from 0.9%.
Germany Industrial Production n.s.a. w.d.a. (YoY): -0.1% (June) vs previous 0%
Germany Industrial Production n.s.a. w.d.a. (YoY): -0.1% (June) vs previous 0%
South Africa Gross $Gold & Forex Reserve dipped from previous $74.115BÂ to $73.451B in July
South Africa Gross $Gold & Forex Reserve dipped from previous $74.115BÂ to $73.451B in July