Financial News

America's Roundup: Dollar snaps two-week losing streak on global growth concerns, Wall Street drops, Gold gains, Oil slips on trade fears but soars in week after Saudi production attacked-Sep 21st 2019

Market Roundup

• Canada Jul Core Retail Sales (MoM) -0.1%, 0.2% forecast, 0.9% previous

• Canada Jul Retail Sales (MoM) 0.4%,0.4% forecast, -0.1% previous

• Belgium Sep Consumer Confidence -11, -9 previous

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Hungarian current account falls into deficit in Q2 2019 on strong rise in domestic consumption

The Hungarian current account slipped into a deficit in the second quarter. Even if the Hungarian currency regained some ground recently, the recent release of the key fundamental data indicates towards a different direction.

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Euro area flash consumer confidence index rises in September

Consumer sentiment in the euro area rises again. Today’ figures of the European Commission’s flash euro area consumer confidence index implied that sentiment was a bit rebounded in September. The index rose by 0.6 points to a four-month high of -6.5.

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Canadian retail sales fall sequentially in July

Canada’s retail sales dropped in July. On a sequential basis, the retail sales fell 0.4 percent. The data for June was downwardly revised to a fall of 0.1 percent from 0 percent.

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Turkish consumer sentiment eases in September

Turkish consumer sentiment eased in September. On a seasonally adjusted consumer confidence index dropped 4.3 percent sequentially to 55.8 from August’s 58.3. The financial situation expectation of household index dropped 4.9 percent to 74 in September from August’s 77.8.

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