MacroBusiness
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See the latest Australian dollar analysis here:
Forex markets were largely calm on August 4, 2021. The stubborn RBA lifted AUD but everything else stayed the course. DXY was firm as EUR eased:
AUD lifted across the board. There is a base forming in AUD/USD that could be construed as short term bottom:
Gold and oil sank:
EM stocks are hanging on for dear life:
Junk improved a little:
Which again aided FAAMGS:
Event Wrap
US factory orders in June rose 1.5%, stronger than the 1.0% expected. May’s 2.1% gain was revised higher to 2.3%. Factory data this year has been strong, although capacity constraints and supply problems remain a headwind.
EMEA Morning Briefing: Caution to Dominate Ahead of Fed
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
EMEA Morning Briefing: Caution to Dominate Ahead -2-
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Statistics Finland - Labour Cost Index
stat.fi - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stat.fi Daily Mail and Mail on Sunday newspapers.