Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Euro: Further upside toward 1.1725 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD at 1.1685 holding recent gains, with intraday trading likely between 1.1655 and 1.1715.
Denmark Industrial Outlook declined to 97.9 in August from previous 99.2
Denmark Industrial Outlook declined to 97.9 in August from previous 99.2
United Kingdom Retail Sales decline 0.5% MoM in July, as expected
Retail Sales, a key measure of consumer spending, in the United Kingdom (UK)Â declined 0.5% month-over-month (MoM) in July after rising by 0.7% in June (revised from 1.0%), the latest data published by the Office for National Statistics (ONS) showed on Friday.
Sweden Unemployment Rate down to 7.8% in July from previous 9.9%
Sweden Unemployment Rate down to 7.8% in July from previous 9.9%
United Kingdom Retail Sales (YoY) came in at 1.6% below forecasts (2.2%) in July
United Kingdom Retail Sales (YoY) came in at 1.6% below forecasts (2.2%) in July
United Kingdom Retail Sales (MoM) meets expectations (-0.5%) in July
United Kingdom Retail Sales (MoM) meets expectations (-0.5%) in July
United Kingdom Public Sector Net Borrowing came in at £1.8B, above forecasts (£0.3B) in July
United Kingdom Public Sector Net Borrowing came in at £1.8B, above forecasts (£0.3B) in July
United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.3%) in July: Actual (2.3%)
United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.3%) in July: Actual (2.3%)
United Kingdom Retail Sales ex-Fuel (MoM) registered at -0.9%, below expectations (-0.5%) in July
United Kingdom Retail Sales ex-Fuel (MoM) registered at -0.9%, below expectations (-0.5%) in July
Denmark Consumer Confidence: -13.1 (August) vs -14.7
Denmark Consumer Confidence: -13.1 (August) vs -14.7
WTI steadies near $86.00 as Iran sanctions threat offsets US inventory build
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.00 during the early Asian trading hours on Tuesday. WTI steadies near one-month highs as traders continue to digest the Middle East developments.Â
Indian Rupee remains under pressure amid elevated Oil prices
The Indian Rupee (INR) ticks lower against the US Dollar (USD) on Friday. The USD/INR edges up to near 95.72 as elevated oil prices have outweighed a weak US Dollar.
India HSBC Services PMI increased to 54.5 in August from previous 53.3
India HSBC Services PMI increased to 54.5 in August from previous 53.3

