Here is a preview of the NAB business survey for August 2018, which will include business confidence (and conditions) Via ANZ: The data is due Tuesday 11 September at 0130GMT
Economic growth in Japan for April to June was even higher than initially reported in the earlier preliminary data (see below for link to that) GDP (seasonally adjusted) for Q2 0.7% q/q
The preliminary data was out in August, this times its the ‘final’ reading Preliminary here: ForexLive
A snippet ahead of the Chinese inflation data, CPI and PPI for August, due today: Via Xinhua: And, via Moody’s: China’s consumer prices likely cooled to 2% y/y in August, after 2.1% in July.
Freeland leaving the USTR after today’s meeting Nothing new here. USD/CAD has edged back towards the best levels of the day but that’s on broad US dollar buying.
Cable gives back gains Some optimism on Brexit talks and the Irish border problem sent cable a full cent higher to 1.3028 earlier today but it’s now given up virtually all those gains and trading at 1.2934 in a disappointing blow for bulls.
Closing changes for the main equity indexes Weekly changes: – UK FTSE 100 -2.1% – German DAX -3.3% – French CAC -3.0% – Spain IBEX -2.6% – Italy MIB +0.8% The German DAX is closing in on the lows of the year.
Hurricane season is in full swing Florence weakened from a Category 4 storm to back below hurricane status in the past day but it’s expected to intensify in the middle of next week.
GDP tracker climbs The weekly New York Fed GDP tracker rose to 2.2% for the third quarter. “Positive surprises from the ISM manufacturing survey drove the increase,” the release said.
Miller was 26 Terrible news as Mac Miller found dead in his home just before heading out on a tour. Drugs are taking far too many people. Young rappers especially are glorifying drug use. Miller had been addicted to lean earlier in his career but had said he quit it in 2012.