Global equities ended firmer last week, amid upbeat US economic data and hopes for another round of stimulus from the US government.
UK Markets ended the week in positive territory, amid hopes of economic recovery despite the country suffering its worst quarterly contraction.
In the UK, industrial production advanced more than market expectations in June.
UK’s manufacturing production climbed in June.
UK’s gross domestic product (GDP) plunged in 2Q20, recording its biggest drop since the records began in 1955.
In the UK, the BRC retail sales rose less than market forecast on a yearly basis in July.
UK’s average earnings including bonus dropped more than market anticipations in June.
UK’s total trade surplus narrowed in June.
In the UK, the Rightmove house price index dropped on a monthly basis in August.
In the UK, the ILO unemployment rate remained steady in the three months to July.
European Markets ended the week on a positive footing, as investors shrugged off coronavirus concerns.
In the Eurozone, the Sentix investor confidence index advanced in August, recording its highest level since February 2020.
Eurozone’s ZEW economic sentiment indicator rose more-than-expected in August.
In the Eurozone, trade surplus widened in June.
Eurozone’s GDP dropped on a quarterly basis in 2Q20, recording its sharpest decline seen since the series began in 1995.
In the Eurozone, seasonally adjusted industrial production advanced less than market anticipations in June.
Germany’s economic sentiment improved in August.
In Germany, the ZEW current situation index unexpectedly dropped in August.
Germany’s consumer price index (CPI) fell as initially estimated in July.
US Markets ended the week in green, amid better than expected US economic data.
US JOLTs job openings unexpectedly jumped in June.
In the US, the producer price index (PPI) advanced more than market anticipations in July.
In the US, the CPI climbed more than market forecast in July.
US monthly budget unexpectedly reported a surplus in July.
In the US, the MBA mortgage applications rose on a weekly basis in the week ended 07 August 2020.
US initial jobless claims dropped on a weekly basis in the week ended 07 August 2020.
US Michigan consumer sentiment index unexpectedly advanced in August.
In the US, manufacturing production rose in July.
US industrial production advanced for the third straight month in July.
In the US, business inventories dropped in June.
US retail sales increased less-than-anticipated in July.
US NFIB small business optimism index unexpectedly fell in July.
Asian Markets ended firmer last week, tracking gains in their US counterparts.
In Australia, the consumer inflation expectations climbed in August.
Australia’s unemployment rate advanced less than market expectations in July.
In Australia, the NAB business conditions index recorded a flat reading in the same month.
Australia’s NAB business confidence index declined in July.
Australia’s Westpac consumer confidence index declined in August.
In China, the CPI rose more than market consensus in July.
China’s PPI dropped less than market forecast in July.
In China, the house price index increased in July.
China’s industrial production rose less-than-anticipated in July.
In China, retail sales unexpectedly fell in July.
In Japan, trade deficit (BOP basis) narrowed in June.
Japan’s current account surplus narrowed less than market consensus in June.
In Japan, the PPI dropped less-than-expected on an annual basis in July.
Japan’s GDP declined more than market anticipations on a quarterly basis in 2Q20.