New York Session Heads Up August 10 2022
- US Inflation Set To Cool; Talk of Dovish Fed Pivot Likely Premature
- Elon Musk Sells 7.92 Million Tesla Shares Worth $6.88 Billion
- German Coalition Quarrels Over Plan To Help ‘Fragile’ Economy
- US Treasury Yields Inch Higher As Investors Await Key Inflation Report
- Demand For FX Derivatives Jumps As Central Banks Prep Rate Rises
- European Gas Prices Increase As Winter Supply Risks Loom
- Oil Drops On Druzhba Pipeline News And US Inflation Expectations
- Stock Futures Flat As Investors Brace For July Inflation Report
- Apple Supplier Foxconn Cautious On Outlook As Smartphone Sales Slow
- China Military Says Tasks In Taiwan Strait Completed
Economic Data
- German CPI (Y/Y) Jul F: 7.5% (est 7.5%; prev 7.5%)
- Italian CPI (Y/Y) Jul F: 7.9% (est 7.9%; prev 7.9%)
- Norwegian CPI (Y/Y) Jul: 6.8% (est 6.3%; prev 6.3%)
- Swedish Industrial Orders (M/M) Jun: 1.3% (prev -5.5%)