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France Current Account fell from previous €-0.1B to €-1.4B in June
France Current Account fell from previous €-0.1B to €-1.4B in June
France Exports, EUR: €54.537B (June) vs €53.581B
France Exports, EUR: €54.537B (June) vs €53.581B
France Imports, EUR: €60.384B (June) vs previous €60.509B
France Imports, EUR: €60.384B (June) vs previous €60.509B
France Trade Balance EUR came in at €-5.847B, above expectations (€-6.5B) in June
France Trade Balance EUR came in at €-5.847B, above expectations (€-6.5B) in June
Brent: US-Iran tensions support prices – ING
ING analysts Warren Patterson and Ewa Manthey note renewed strength in Oil, with ICE Brent rallying back above $82/bbl as obstacles to a US-Iran deal persist. They highlight Iranian demands around the Strait of Hormuz and limited signs of compromise.
Euro clings to gains near three-week highs ahead of the US Nonfarm Payrolls report
The Euro (EUR) is trading flat, a handful of pips below 1.1530 against the US Dollar (USD) on Friday, following a mild pullback from three-week highs at 1.1560 earlier on the week.
WTI Price Forecast: Growing internal war risks in Middle East support recovery to near $78
West Texas Intermediate (WTI), futures on NYMEX, extends Thursday’s recovery move slightly to near $77.80 during the day. The Oil price underperformed in the last two weeks on hopes of the Strait of Hormuz reopening, a critical chokepoint to almost 20% of global energy supply.
Euro: Rebound against US Dollar faces key cloud barrier – UOB
UOB Group’s Quek Ser Leang highlights that EUR/USD has staged a sharp rebound after drifting sideways, following a decline from January’s high to mid-June’s low.
Indonesian Rupiah strengthens as foreign inflows surge into domestic assets
USD/IDR has pared its recent gains from the previous day, trading around 17,940 during the Asian hours on Friday.
United Kingdom Lloyds House Price Index (MoM) came in at 0%, below expectations (0.1%) in July
United Kingdom Lloyds House Price Index (MoM) came in at 0%, below expectations (0.1%) in July
United Kingdom Lloyds House Price Index (YoY) came in at 0.1%, below expectations (0.4%) in July
United Kingdom Lloyds House Price Index (YoY) came in at 0.1%, below expectations (0.4%) in July
German Industrial Production rises 0.2% MoM in June, beats 0.1% estimates
Germany’s Industrial Production rises 0.2% Month-on-Month (MoM) in June, the latest data published by Destatis showed on Friday. The growth was faster than the 0.1% estimate, but slower than the previous reading of 0.7%, revised lower from 0.9%.
Germany Industrial Production n.s.a. w.d.a. (YoY): -0.1% (June) vs previous 0%
Germany Industrial Production n.s.a. w.d.a. (YoY): -0.1% (June) vs previous 0%