MARKET NEWS AND CHARTS FOR AUGUST 3, 2021
USDSEK The Swedish economy expanded in the second quarter of fiscal 2021 by 0.9% quarter-on-quarter. This is higher compared to the consensus estimate of a 0.7% growth. At the same time, the increase was at
USDSEK The Swedish economy expanded in the second quarter of fiscal 2021 by 0.9% quarter-on-quarter. This is higher compared to the consensus estimate of a 0.7% growth. At the same time, the increase was at
AUDNZD Australia is expected to publish a 3.8% record for the country’s Q2 CPI on Tuesday, July 27. If the actual figure came near the estimates, it would be the highest quarterly increase since reporting
USDJPY The rising coronavirus cases in most parts of the world triggered a global sell-off on Monday, July 19. US indices S&P 500, Nasdaq 100, and Dow 30 fell -1.59%, -0.90%, and -2.09%, respectively. Meanwhile,
USDCHF The US consumer price index (CPI) data for June accelerated at its fastest pace in 13 years or since September 2008. The figure came in at 5.4% against the projected decline to 4.9% after
USDBRL Brazil’s interest rate more than doubled this year from 2.0% before the March hike to 4.25% on June 16’s meeting. The decision to increase the benchmark rate by 225-basis points in the last three
EURCAD The European Central Bank (ECB) might start to tighten its monetary policy following the recently published economic data. In Germany, the preliminary CPI report for June showed an increase of 2.3% year-on-year (YoY). The
EURGBP Economic activity in the United Kingdom has started to slow down based on the recent economic reports. In mid-March, a robust activity was seen after the government started lifting coronavirus restrictions. The March retail
EURHUF Hungary’s central bank has signaled last week an imminent interest rate hike after urging the government to reduce its deficit. However, Prime Minister Viktor Orban backed down on a 3.0% budget deficit in GDP
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