07:00 AM BST, Germany - Retail Sales Data for June:
- German Retail Sales: actual 1.0% MoM; forecast 0.5% MoM; previous -1.6% MoM;
- German Retail Sales: actual 4.9% YoY; previous 1.6% YoY;
Despite better-than-expected German retail-sales data, EURUSD remained muted following the release. Investors are now awaiting more market-moving catalysts today, such as the US GDP report and the Fed’s interest-rate decision
Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 📉