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Euro recovers strongly against Japanese Yen, German HICP in focus
The Euro (EUR) has recovered a majority of its early losses against the Japanese Yen (JPY), but is still 0.14% down at around 178.13 during the European trading session on Wednesday.
Sweden Consumer Confidence (MoM) climbed from previous 98 to 102.2 in September
Sweden Consumer Confidence (MoM) climbed from previous 98 to 102.2 in September
Turkey Unemployment Rate down to 7.8% in August from previous 8.1%
Turkey Unemployment Rate down to 7.8% in August from previous 8.1%
Turkey Trade Balance meets forecasts (-5.24B) in August
Turkey Trade Balance meets forecasts (-5.24B) in August
France Producer Prices (MoM) registered at 1% above expectations (0%) in August
France Producer Prices (MoM) registered at 1% above expectations (0%) in August
France Consumer Price Index (EU norm) (YoY) came in at 3.4%, above expectations (3%) in September
France Consumer Price Index (EU norm) (YoY) came in at 3.4%, above expectations (3%) in September
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.
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