Global equities ended mostly lower last week, amid ongoing concerns over the economic impact of rising coronavirus cases.
UK Markets ended the week in negative territory, after the Bank of England (BoE) officials warned that Britain’s economic fallout from the coronavirus pandemic could be worse than expected.
In the UK, the final Markit manufacturing PMI rose to a 30-month high in August.
UK’s number of mortgage approvals for house purchases advanced to a five-month high level in July.
Net consumer credit rose more than market expectations in July.
In the UK, the Nationwide house prices climbed in August, registering its biggest gain in 16 years.
UK’s service sector activity expanded at its fastest pace in more than five years in August.
The BRC shop price index fell in July.
UK’s construction PMI unexpectedly dropped in August.
European Markets ended the week on a negative footing, amid tech-induced sell-off on Wall Street.
In the Eurozone, the producer price index (PPI) dropped less than market consensus in July.
Eurozone’s unemployment rate rose less-than-anticipated in July.
In the Eurozone, the consumer price index (CPI) declined for the first time since May 2016 in August.
Eurozone’s final Markit manufacturing PMI dropped in August.
In the Eurozone, seasonally adjusted retail sales unexpectedly fell in July.
Eurozone’s final Markit services PMI slid in August.
Germany’s final Markit manufacturing PMI advanced in August.
Germany’s retail sales declined for a second straight month in July.
In Germany, the CPI unexpectedly dropped in August.
Germany’s final Markit services PMI eased in August.
In Germany, factory orders climbed less-than-anticipated in July.
In Germany, the seasonally adjusted unemployment rate remained steady in August.
US Markets ended the week in red, led by sharp losses in technology sector stocks.
The Dallas Fed manufacturing business index improved in August.
In the US, the ISM manufacturing PMI advanced in August.
The final Markit manufacturing PMI rose in August.
Durable goods orders climbed in July.
US factory orders jumped in July.
US initial jobless claims dropped on a weekly basis in the week ended 28 August 2020.
The final Markit services PMI edged up in August.
Average hourly earnings of all employees increased in August.
US unemployment rate fell more-than-expected in August.
Construction spending rose less than market forecast in July.
US private sector employment rose less-than-anticipated in August.
The MBA mortgage applications dropped on a weekly basis in the week ended 28 August 2020.
The ISM non-manufacturing PMI dropped more than market forecast in August.
In the US, trade deficit widened in July, recording its widest deficit since July 2008.
US nonfarm payrolls rose less than market forecast in August.
Asian Markets ended mostly weaker last week, tracking losses in their US peers.
In Australia, building permits unexpectedly climbed in July.
Australia’s current account surplus widened in 2Q20.
In Australia, the Commonwealth Bank services PMI unexpectedly advanced in August.
Australia’s AiG performance of manufacturing index dropped in August.
In Australia, the Commonwealth Bank manufacturing PMI unexpectedly dropped in August.
Australia’s economy contracted in 2Q20, registering its biggest contraction since records began in 1959.
In Australia, the AiG performance of construction index dropped in August.
Australia’s trade surplus narrowed more-than-anticipated in July.
In Australia, seasonally adjusted retail sales increased less-than-anticipated in July.
Australia’s AiG performance of services index edged down in August.
China’s Caixin manufacturing PMI rose in August.
In China, the Caixin services PMI fell in August.
In Japan, the Jibun Bank manufacturing PMI rose in August.
Japan’s unemployment rate advanced less-than-expected in July.
In Japan, housing starts dropped less than market expectations on an annual basis in July.
Japan’s construction orders plunged more than market anticipations in July.
In Japan, the consumer confidence index eased in August.
Japan’s Jibun Bank services PMI declined in August.
The Reserve Bank of Australia (RBA), in its latest monetary policy decision, kept its key interest rate unchanged at 0.25%, as widely expected. Further, the RBA has decided to increase the size of the Term Funding Facility and make the facility available for longer. Moreover, the central bank hinted at additional policy measures to support the economy.