Daily Forex Update

NZ new housing consents jump back up from -2.2% to 5% in July

BRC: inflation in UK shops climbs to highest rate on record

Japan’s July industrial output rises 1.0% on month vs. 0.5% decline expected

Japan’s retail sales up by 2.4% vs. 1.5% annual gain in June

NZ ANZ business confidence improves from -56.7 to -47.8

China’s manufacturing PMI rises, but factory activity still in contraction

China’s services sector activity expands at slower pace in August

China’s Shenzhen enters new four-day lockdown over COVID-19 outbreak

Japanese consumer confidence improves from 30.2 to 32.5 in August

Oil prices climb 1% as U.S. fuel inventories fall

Russian stocks hit 3-month high as Gazprom surges on dividend plan; rouble dips

China coal shares soar as investors bet economics will trump emissions concerns

Upcoming Forex Economic Calendar

Eurozone’s flash CPI reports at 9:00 am GMT
FOMC member Mester to give a speech in Ohio at 12:00 pm GMT
U.S. ADP report at 12:15 pm GMT
Canada’s monthly GDP at 12:30 pm GMT
U.S. Chicago PMI at 1:45 pm GMT
EIA crude oil inventories at 2:30 pm GMT

Source: forexfactory.com

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