Last week was very active politically-wise, where we saw some resignations of high level individuals in UK. Also, the US tariffs were in the spotlight.
On Monday, we get the US retail sales numbers for the month of June, which are expected to have declined from 0.8% to 0.5% on MoM basis. But the main focus will be on the core retail sales, which play a key part in determining the consumer spending patterns that go into the country’s GDP calculation...
On Tuesday, during the early Asian morning, we get New Zealand’s headline QoQ and YoY inflation figures for Q2. The expectations for the QoQ are the same as the previous numbers of +0.5%. For the YoY number, it is projected to have increased to +1.6% from +1.1%...
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