New York Session Heads Up August 3 2022
- Pelosi Pledges Solidarity With Taiwan As China Holds Military Drills
- Fed’s Bullard: ‘Relatively Soft Landing’ Feasible For Fed, ECB
- Senator’s Manchin, Sinema ‘Exchanging Text’ On Climate, Tax Deal
- Eurozone Retail Sales Drop More Than Expected As Prices Rise
- Eurozone Business Activity Contracted As Customers Stayed Home
- German Exports Surge To Record Level In June, Outlook Still Gloomy
- Swiss Inflation Steadies In July, Still Above Central Bank Target
- Saudi Arabia Warms To Production Increase At OPEC+ Meeting: FT
- US Treasury Yields Move Higher Ahead Of New Economic Data
- Dollar Dips As Investors Parse Fed Hints On Interest Rate Hikes
- US Futures Rise After Wall Street Notched Second Day Of Losses
- Fed’s Bullard: Can Slow Inflation Without Sparking Recession
- Fed’s Mester: More Work To Do As Inflation Not Yet Peaked
- White House Aim To Calm Tensions Over Pelosi Taiwan Visit
- Pelosi Vows US Won’t Abandon Taiwan In Faces Of Pressure
- China Imposes Taiwan Economic Curbs With Sand, Fruit Ban
- China Services Activity Expand, Quickest Pace In 15 Months
- Chinese Hub Yiwu Introduce Covid Restrictions, Locks Down
- US Senate Votes Today On Finland, Sweden Nato Accession
- Candidate Truss Extends Lead Over Sunak In Leadership Bid
- UK Survey Report Now In Recession, Outlook For Stagflation
- OPEC+ Watchers Sceptical Biden’s Call For Oil To Be Heeded
- Samsung, SK Hynix Turn China Exposure Following Chips Act
Economic Data
- Eurozone S&P Global Services PMI Jul F: 51.2 (est 50.6; prev 50.6)
- Eurozone Retail Sales (M/M) Jun: -1.2% (est 0.0%; prevR 0.4%)
- Eurozone PPI (M/M) Jun: 1.1% (est 1.0%; prevR 0.5%)
- German S&P Global Services PMI Jul F: 49.7 (est 49.2; prev 49.2)
- German Trade Balance Jun: €6.4Bln (est €0.2Bln; PrevR €0.9Bln)
- French S&P Global Services PMI Jul F: 53.2 (est 52.1; prev 52.1)
- Spanish S&P Global Service PMI Jul: 53.8 (est 52.0; prev 54.0)
- Italian S&P Global Services PMI Jul: 48.4 (est 50.1; prev 51.6)
- Italian Retail Sales (M/M) Jun: -1.1% (prevR 2.0%)
- UK S&P Global/CIPS Services PMI Jul F: 52.6 (est 53.3; prev 53.3)
- Swiss CPI (M/M) Jul: 0.0% (est -0.1%; prev 0.5%)
- Chinese Caixin Services PMI Jul: 55.5 (exp 53.9; prev 54.5)
- Japanese Jibun Bank Services PMI Jul F: 50.3 (prev 51.2)
- Hong Kong S&P Global SAR PMI Jul: 52.3 (prev 52.4)
- Australian S&P Global Services PMI Jul F: 50.9 (prev 50.4)
- Australian AIG Performance Of Construction Jul: 45.3 (prev 46.2)
- Australian Retail Sales Ex-Inflation (Q/Q) Q2: 1.4% (exp 1.2%; R prev 1.0%)
- New Zealand ANZ Commodity Price (M/M) Jul: -2.2% (prev -0.4%)
- New Zealand Unemployment Rate Q2: 3.3% (exp 3.1%; prev 3.2%)