CURRENCY TRADING SUMMARY – 30th August (00:30 GMT)
Written by Anthony Darvall
U.S. Dollar Trading (USD) risk was put back in the market after better than expected US GDP and strong words of support from Fed Chief Bernanke at the Jackson Hole. Q2 GDP was revised lower to 1.6% vs. 2.4% initially released but was better than [...]

CURRENCY TRADING SUMMARY – 26th August (00:30 GMT)
Written by Anthony Darvall
U.S. Dollar Trading (USD) when US data missed expectations once again the stock markets fell but support was found and a sharp rally was seen in the US close. July New Home Sales dropped -12.4% to 0.276m vs. 0.33m forecast. In US stocks, DJIA +19 [...]

Economic Data

(PO) Portugal Jun Industrial Production M/M: -0.5% v +1.2% prior; Y/Y: 3.4% v 3.4% prior
(PO) Portugal Jun Retail Sales M/M: 1.1% v -1.0% prior; Y/Y: -1.6% v 0.8% prior
(SA) South Africa Jun Trade Balance (ZAR): 5.6B -1.6Be; Budget balance: 8.9B v 4.6Be
(BE) Belgium Jun Unemployment Rate: 8.6% v 8.6% prior
(CA) Canada May Gross Domestic [...]

(RU) Russia Money Supply w/e Jul; 26th: 5.13T v 5.13T prior
(FI) Finland May Final Trade Balance: €160M v €190M prior
(GE) Germany Jun Retail Sales M/M: -0.9% v -0.2%e; Y/Y: 3.1% v 1.0%e
(HU) Hungary May Final Trade Balance: €423.6M v €428.8M prior
(SP) Spain Q2 Unemployment Rate: 20.1% v 20.0%e
(TU) Turkey Jun Trade Balance (TRY): -5.6B v [...]

Economic Data

(BR) Brazil July FGV Inflation IGP-M M/M: 0.2% v 0.1%e; Y/Y: 5.8% v 5.7%e
(CA) Canada Jun Industrial Product Price M/M: -0.9% v 0.2%e; Raw Materials Price Index M/M: -0.3% v 1.0%e
(US) Initial Jobless Claims: 457K v 460Ke; Continuing Claims: 4.565M v 4.50Me
(BR) Brazil Jun Nominal Budget Balance (BRL): -13.6B v -11.3Be; Primary Budget Balance: [...]