Forex Focus on UK CPI

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Written By: Nikolas Papas
Summary:
  • EURGBP traders will focus today in UK July CPI and the UK July PPI figures due at 8:30GMT. Eurozone June industrial production and Eurozone Q2 GDP

EURGBP traders will focus today in UK July CPI and the UK July PPI figures due at 8:30GMT. Eurozone June industrial production and Eurozone Q2 GDP report (secondary reading) will be released at 9:00GMT.

In American calendar the US MBA mortgage applications for 9 August week to be released at 11:00GMT.

China Retail Sales (YoY) came in at 7.6% below expectations of 8.6% in July, the Industrial Production (YoY) registered at 4.8%, below expectations (5.8%) in July.

In Australia the Westpac Consumer Confidence climbed from previous -4.1% to 3.6% in August.

In Japan Machinery Orders (MoM) registered at 13.9% topping expectations of-1.3% in June.

The central Bank of China has set the Yuan reference rate at 7.0312 versus Tuesday’s fix of 7.0326.

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Written By: Nikolas Papas
Nikolas Papas

Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities Skills: Technical Analysis · forex · Stocks · Crypto · Writing

Published by
Written By: Nikolas Papas