Switzerland July manufacturing PMI 38.5 vs 44.0 expected

That’s an extremely poor reading as Swiss manufacturing activity slumped heavily to start Q3. The reading is the lowest since April 2009 as production fell sharply alongside purchasing volume. That comes despite a fall in purchase prices and shorter delivery times. That’s not a good sign at all. لینک منبع : هوشمند نیوز

July final UMich US consumer sentiment 71.6 vs 72.6 expected

Prelim was 72.6 Prior was 64.4 Current conditions 76.6 vs 77.5 prelim (69.0 prior) Expectations 68.3 vs 69.4 prelim (61.5 prior) 1-year inflation 3.4% vs 3.4% prelim (3.3% prior) 5-10 year inflation 3.0% vs 3.1% prelim (3.0% prior) This indicator has little use for traders, though it still moves market. It’s a measure of gasoline

France Q2 preliminary GDP +0.5% vs +0.1% q/q expected

Prior +0.2%; revised to +0.1% The French economy grew more than anticipated in Q2 but the devil is in the details. Exports were the main contributor to growth on the quarter, with the breakdown showing: Domestic demand -0.1% Inventory changes -0.1% Net foreign trade +0.7% This article was written by Justin Low at www.forexlive.com. لینک

South Korean June data: Industrial output -1% m/m (-0.3% expected)

Data from South Korea for June 2023 Industrial output -1% m/m Industrial output -5.6% y/y Service sector output is +0.5% m/m Retail sales also up, 1% m/m – Mixed signals from the SK economy. The country is often referred to as a bellwether for the global economy. . لینک منبع : هوشمند نیوز

EUR/USD Whipsaws after Expected ECB Hike and Strong US GDP Data

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US June pending home sales +0.3% vs -0.5% expected

US pending home sales Prior was -2.7% Index 76.8 vs 76.5 prior This is a decent forward-looking indicator and a nice rebound after a poor number in May. I think it’s clear that there are people who want to buy homes, it’s just that inventories of homes for sale are very low and mortgage rates