US Morning Update

Major Overnight Headlines
• Japan’s Abe considering a corporate tax cut to offset drag create from sales tax hike, Nikkei
• UK CPI in at 2.8% YoY in July, in-line; services decelerates to 3.1% from 3.4%, core down 0.3% to 2.0%
• UK RICS House Price Balance at highest since late 2006 in July
• German ZEW Current Situation Index at 18.3 in August versus 12.0 expected; highest since last August

Read the full report: FX Daily

 

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