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The Dow Jones found new all-time highs on Friday before trimming gains. US consumer sentiment took an unexpected hit in August. Consumers are beginning to sour on economic outcomes as tariff effects begin to crop up. The Dow Jones Industrial Average (DJIA) surged to record highs early on Friday, touching chart territory north of 45,250…
Brazil Retail Sales (MoM) below expectations (0.7%) in June: Actual (-0.1%) Source link
New Zealand Electronic Card Retail Sales (YoY): -1.6% (March) vs -4.2% Source link
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in over one Fed rate cut, boosting bullion’s longer-term appeal. Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80%…
Greece Retail Sales (YoY): -1.5% (October) vs previous -0.6% Source link
The Pound Sterling outperforms its major peers as UK Retail Sales grew at a faster-than-expected pace in August Fears of UK inflation remaining persistent have deepened after an acceleration in price pressures coming from the services sector. The Fed is expected to continue an aggressive policy-easing cycle. The Pound Sterling (GBP) performs strongly against its major…
China Retail Sales (YoY) below expectations (2.5%) in August: Actual (2.1%) Source link