Daily Digest Market Movers: New Zealand Dollar remains weak on dovish RBNZ 에서

18 Aug 2024, 14:54 · Views 72

New Zealand’s Business NZ Performance of Manufacturing Index (PMI) improved to 44.0 in July from the previous reading of 41.1.
China’s Retail Sales rose by 2.7% YoY in July, compared to 2.0% seen in June, beating market expectations. Industrial Production came in at 5.1% YoY in July versus 5.3% prior, weaker than the estimation of 5.2%.
The US Retail Sales climbed by 1.0% MoM in July, compared to a decline of 0.2% in June, the US Census Bureau reported on Thursday. This figure surpassed the estimation of a 0.3% increase.
The Initial Jobless Claims for the week ending August 10 increased by 227K, better than the expectation of 235K and down from the previous week of 234K.
US Industrial Production came in at -0.6% in July versus 0.3 prior, weaker than the 0.3% expected.
St. Louis Fed President Alberto Musalem said on Thursday that the time is coming closer for the Fed to consider cutting its interest rate, per Reuters.

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