German Industrial production in July came in -4.1% YoY vs -4.2% exp. and -6.67% previously (1.4% MoM vs 1% exp and -2.5% previously)
- German export dropped -3.4% MoM in July vs -1.5% exp. and -3.6% previously
- German imports came in 0.3% MoM vs 2.5 exp. and -6.6% previously
- Trade balance (seasonally adjusted) came in 20.4B vs 21.5B exp. and 24.9B previously
EURUSD slightly declines after the Germany data. Surprise in industrial production was quite low, while lower than expected imports suggest cooling demand in Germany economy, while much weaker than expected exports signal overall cooling demand for German goods, across the global markets.
Source: xStation5
التقويم الاقتصادي: نهاية هادئة للأسبوع!
ملخص اليوم: ارتفاع النفط يضغط على EURUSD، واستمرار ارتفاع وول ستريت
عاجل: النفط ينتعش إلى 100 دولار مع توقعات مسؤولين خليجيين وأوروبيين بأن تطلب الولايات المتحدة ستة أشهر لإبرام اتفاق مع إيران.
الرميان يكشف مستهدفات قطاعات التطوير والصناعة والطاقة ضمن استراتيجية
