U.S. July factory orders up +0.9% m/m
U.S. July factory orders rose +0.9% m/m versus +0.5% expected.
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U.S. July factory orders rose +0.9% m/m versus +0.5% expected.
U.S. stock futures fell Wednesday and energy markets surged after U.S. airstrikes and Iranian counterattacks intensified Middle East tensions. Brent crude rose to $95.17 a barrel, while QQQ slipped 0.49% in premarket trading.
ASX 200 edged down to close at 9,067 for a second straight decline. Retail trade, tech and commercial services weighed as investors stayed cautious ahead of Wednesday’s Q2 GDP data.
The New York Fed’s Empire State manufacturing index rose to 20.6 in August from 15.6 in July, above the 10.0 consensus estimate, while new orders, shipments and employment remained positive.
U.S. stock futures rose on Monday, as the Dow Jones, S&P 500, and Nasdaq 100 indices advanced, following Friday’s higher close. President Donald Trump called off a planned strike on Iran to resume negotiations. Over the weekend, Trump said negotiations with Iran would begin Monday after he halted what he described as a
Summary - The overall reaction to a weaker than expect June jobs report was relatively muted. Yields ticked lower led by the short end after total payrolls missed estimates convincingly with the prior two months jobs growth revised net negative. The Household survey was even worse than the Establishment Survey, with a
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its
Juhui Food Technology Co. Ltd. files for Hong Kong IPO, seeking to follow rival Haitian's $1.28 billion listing last year