China Retail Sales (YoY) came in at 2.5%, below expectations (4.8%) in July

China Retail Sales (YoY) came in at 2.5%, below expectations (4.8%) in July

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Contents

Recommended content

Editors’ Picks

EUR/USD retreats below 1.0850 as USD gathers strength


EUR/USD retreats below 1.0850 as USD gathers strength

EUR/USD lost its traction and declined toward 1.0850 after rising above 1.0930 in the early European session on Tuesday. The US Dollar stays resilient against its rivals amid cautious market mood and weighs on the pair. Investors keep a close eye on comments from Fed officials.


EUR/USD News


GBP/USD declines below 1.2750 on cautious market mood


GBP/USD declines below 1.2750 on cautious market mood

GBP/USD rose to 1.2800 in the early European session on Tuesday but failed to preserve its bullish momentum. With the US Dollar finding demand as a safe haven following the bearish opening in Wall Street, the pair declined below 1.2750 and turned negative on the day.


GBP/USD News


Gold rebounds toward $1,900 as US yields lose traction
Premium


Gold rebounds toward $1,900 as US yields lose traction

Gold price declined below $1,890 amid renewed US Dollar strength on Tuesday but managed to stage a rebound. The benchmark 10-year US Treasury bond yield retreated toward 4.3% from the multi-year high it set earlier in the day, helping XAU/USD find a foothold.


Gold News


Read More


Leave a Reply

Your email address will not be published. Required fields are marked *