Economic Data
Japan: Producer prices rose 2.6% YoY (slowest in a year), machine tool orders up 3.6% YoY thanks to foreign demand.
Germany: Wholesale prices –0.1% MoM, +0.5% YoY.
Central Banks
Fed’s Barkin: Says consumers are key to inflation and jobs trends; rates seen as appropriate.
Goolsbee & Bostic: Speaking later today/week.
Earnings Highlights
Tencent: Results due; sentiment positive on low valuation.
Cisco: Reports later today; modest growth expected, AI demand in focus.
E.ON: H1 profit +13%, sales +5%; outlook confirmed, calls for better grid returns.
Venture Global: Q2 revenue tripled to $3.1B; strong LNG growth.
Straumann: Solid organic sales growth but FX hit profit; guidance unchanged.
Vestas: Back to profit; revenue +14%, orders –44%; guidance steady.
Coherent: Results due; AI networking driving growth.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Japan: Producer prices rose 2.6% YoY (slowest in a year), machine tool orders up 3.6% YoY thanks to foreign demand.
Germany: Wholesale prices –0.1% MoM, +0.5% YoY.
Central Banks
Fed’s Barkin: Says consumers are key to inflation and jobs trends; rates seen as appropriate.
Goolsbee & Bostic: Speaking later today/week.
Earnings Highlights
Tencent: Results due; sentiment positive on low valuation.
Cisco: Reports later today; modest growth expected, AI demand in focus.
E.ON: H1 profit +13%, sales +5%; outlook confirmed, calls for better grid returns.
Venture Global: Q2 revenue tripled to $3.1B; strong LNG growth.
Straumann: Solid organic sales growth but FX hit profit; guidance unchanged.
Vestas: Back to profit; revenue +14%, orders –44%; guidance steady.
Coherent: Results due; AI networking driving growth.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.