Month: August 2018

• 
  Data coming up from Japan today - final manufacturing PMI for July

  The 'flash' (i.e. preliminary) Manufacturing PMI for July was 51.6 - Well down on June's final reading of 53 It was the lowest for 18[...]
  2018-08-01 07:29:27

---

• 
  Forexlive Americas FX news wrap: Dollar erases early declines. FOMC eyed.

  Forex news for NY trading on July 31, 2018 In other markets, the snapshot shows: - Spot gold is up $2.40 or 0.2% - WTI[...]
  2018-08-01 07:29:27

---

• 
  China state media says GDP will achieve target despite challenges

  A piece in Reuters on Xinhua saying China will overcome the trade war with the US:  - China will keep its economic growth within a[...]
  2018-08-01 07:29:27

---

• 
  Reuters report that Credit Suisse charged with rigging foreign exchange rates

  CS says it has received notification from  the European Commission alleging it "engaged in anticompetitive practices in connection with its foreign exchange trading business"
  2018-08-01 07:29:27

---

• 
  AUD data - AiG Manufacturing PMI 52.0 in July from 57.4 in June

  Australian Industry Group Performance of Manufacturing Index for July Down from June to 52.0  That is a substantial drop indeed. Still in 'expansion', of course,[...]
  2018-08-01 07:29:27

---

• 
  NZ Q2 report: Both employment change and unemployment higher than estimates

  Unemployment rate: 4.5% - expected 4.4%, prior was 4.4% Employment change q/q: 0.5% - expected 0.4%, prior was 0.6%   - for the y/y, comes[...]
  2018-08-01 07:29:27

---

• 
  China press: Big economic slowdown pressures

  China Daily with the report - says the country is facing substantial economic slowdown pressures  ForexLive
  2018-08-01 07:29:27

---

• 
  US said to plan higher tariff on USD 200bln of imports from China

  Treasury is being said to be proposing 25% tariffs (current proposal is 10% Unnamed sources saying the announcement may come within days The moves against[...]
  2018-08-01 07:29:27

---

• 
  Time for another Australian Manufacturing PMI, this one drops too

  CBA /Markit Manufacturing PMI for July has come in at 52.4 - From June's 55.0 Earlier we got a drop on the other one: Again,[...]
  2018-08-01 07:29:27

---

• 
  UK data: BRC Shop Price Index in July -0.3% y/y (prior -0.5%)

  With such rampant inflation no wonder the BoE is gonna raise rates (sarcasm, K?)    BoE previews ICYMI: ForexLive
  2018-08-01 07:29:27

---