Forex News
Sweden: Disappointing retail sales
In July, retail sales fell by 0.7% over the month and rose by 2.3% over the year.
Norway: Labour market – on the weak side to consensus, but..
LFS unemployment in June somewhat higher than we expected,
Cleveland Fed: Continued Progress Towards Fed’s Inflation Target
Recent measures of inflation by the chain-weighted Consumer Price Index and Personal Consumption Expenditures index show
US: Yellen still more dovish than the FOMC
In a much-anticipated speech in Jackson Hole the Fed Chair Yellen repeated the balanced discussion of the monetary policy outlook expressed in her congressional testimony in July.
Fed Williams: Rate Liftoff Summer 2015 A Reasonable Guess
San Francisco Federal Reserve Bank President John Williams Thursday called it “reasonable” to expect the first increase in short-term interest rates to
UK: Two votes for exit
Two of the MPC members, Ian MacCafferty and Martin Weale, see that economic circumstances are sufficient to
UK: July inflation below forecasts
CPI came in at -0.3% m/m in July reducing inflation by 0.1% point to 1.6% y/y, slightly lower than consensus and our forecast.
Euro area: Zero growth, Spain outperforming
Q2 GDP came in as expected – stagnation. July inflation confirmed at 0.4% y/y. 10-year Bund yield dipped below 1%
Economy Watch – Spending Up Large!
Those looking for evidence of weakness in the economy would have been sorely disappointed by today’s release which was stronger than market expectations and
Sweden: Mixed production figures
Following the sharp drop of 3.0% m/m in May, manufacturing production rose by 1.0% m/m in June.
AUD/USD Analysis
After last night’s dead cat bounce to $0.9283 during the US hours, the pair ran into fresh pressure during Friday’s Asia-Pacific session.