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Friday, August 30, 2024

Asia Market Movers: Australia Retail sales for July 0.0% vs 0.3% estimate

Australia Retail sales for July 0.0% vs 0.3% estimate

Prior 0.5% Retail Sales (Final) 0.0% vs 0.3% estimate Details: Clothing, footwear, and personal accessories : -0.5% (largest fall) Department stores : -0.4% Cafes, restaurants, and takeaway food : -0.... 

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PBOC sets the USDCNY midpoint at 7.1124 vs 7.1116 estimate

The PBOC set the USDCNY midpoint at 7.1124. That is the strongest level since June 13. The estimate was 7.1116. The prior was at 7.1299.... 

USDCHF trades between 100/200 hour MAs

While the EURUSD and the GBPUSD trades between the 100 and 200-hour MAs. The USDCHF is also trading between those two MAs as the last trading of the day of the weeks gets started The 100-hour MA is be... 

S&P/ASX200 index & Japan's Nikkei 225 rise by 0.36% in early trading. AUDUSD wanders.

Australia's S&P/ASX200 index and Japan's Nikkei are trading higher by about 0.36% in early trading. Japan's retail sales came in weaker than expected at 2.6% versus 2.8%. Duction was also weaker a... 

Japan retail sales YoY for July 2.6% vs 2.9% estimate

Prior month 3.8% Retail sales for July 2.6% vs 2.9% estimate Large Scale Retail Sales 1.0% vs 7% last month The USDJPY is little changed.... 

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September seasonals: The worst month on the calendar for the S&P 500

August was a wild ride. It's typically a quiet, summer month but it was anything but that this year as markets melted down early in the month only to post a full recovery in a remarkable turn. That's... 

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