- Stocks in Asia are trading mostly lower. Nikkei fell 1.7%, S&P/ASX 200 dropped 0.2%, while Kospi is closed due to a bank holiday. Indices from China trade mixed
- DAX futures point to a slightly lower opening of the European cash session
- Industrial production in China rose 6.4% YoY in July, the lowest rate in 11 months, and below expectations of a 7.8% rise
- China July house prices 4.6% y/y vs +4.7% prior
- PBOC injects 600B yuan via one year Medium-term Lending Facility (MLF)
- Japan Q2 prelim GDP rose 0.3% q/q while market expected 0.2% rise
- Melbourne lockdown will be extended for another two weeks
- US 10-year Treasury yields fell to 1.248%, the lowest level since end of July
- Bitcoin trades above $47,000, Ethereum topped $3,200
- Oil drops around 1% while precious industrial metals trade lower
- JPY and NZD are the best performing major currencies while AUD and CAD lag the most
GOLD price rose sharply on Friday and managed to break above major resistance at $1767 which coincides with 61.8% Fibonacci retracement of the last upward wave. If current sentiment prevails, then the next target for bulls is located at $1800. Source: xStation5
ستاندرد آند بورز: السعودية الأكثر مرونة اقتصاديًا خليجيًا في مواجهة تداعيات الحرب الإيرانية
البحري تعزز قدراتها اللوجستية بافتتاح مركز إيداع متطور في ميناء جدة الإسلامي
سابك تعزز حضورها في الصين باتفاقية استراتيجية لتطوير مشروع للمواد المتقدمة
التقويم الاقتصادي - التضخم في أوروبا وسوق الإسكان الأمريكي تحت الأضواء
