Economic Data & Central Bank Updates
US Leading Economic Index (June)
Fell by 0.1%, pointing to ongoing weakness in manufacturing, jobs, and housing. Markets may view this as a soft growth signal, potentially influencing rate cut expectations.
China Loan Prime Rates (LPR)
No change: 1-year at 3.0%, 5-year at 3.5%. This steady stance follows slightly better Q2 growth, but continued weak domestic demand leaves room for cuts later this year.
Canada Industrial Product Price Index (IPPI) & Raw Materials Price Index (RMPI)
June data expected to remain weak after prior months of declining input prices—keeping inflation pressures subdued.
Bank of Canada Q2 Business Outlook Survey
Sentiment weakened slightly. Firms see stable sales but remain cautious. Inflation expectations eased, but growth outlook is soft.
Earnings Summary
Verizon: EPS ~$1.19, stable wireless trends in focus.
Roper: Strong SaaS growth, margins under watch.
NXP Semiconductors: EPS down YoY, weak chip demand.
Ryanair: Profit doubled to €820m, strong summer outlook.
Domino’s Pizza: Awaiting release; steady U.S. growth expected.
Trading Impacts
USD: Mild bearish bias from soft data.
CNY: Stable; easing risk remains.
CAD: Limited support, weak price data.
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.
US Leading Economic Index (June)
Fell by 0.1%, pointing to ongoing weakness in manufacturing, jobs, and housing. Markets may view this as a soft growth signal, potentially influencing rate cut expectations.
China Loan Prime Rates (LPR)
No change: 1-year at 3.0%, 5-year at 3.5%. This steady stance follows slightly better Q2 growth, but continued weak domestic demand leaves room for cuts later this year.
Canada Industrial Product Price Index (IPPI) & Raw Materials Price Index (RMPI)
June data expected to remain weak after prior months of declining input prices—keeping inflation pressures subdued.
Bank of Canada Q2 Business Outlook Survey
Sentiment weakened slightly. Firms see stable sales but remain cautious. Inflation expectations eased, but growth outlook is soft.
Earnings Summary
Verizon: EPS ~$1.19, stable wireless trends in focus.
Roper: Strong SaaS growth, margins under watch.
NXP Semiconductors: EPS down YoY, weak chip demand.
Ryanair: Profit doubled to €820m, strong summer outlook.
Domino’s Pizza: Awaiting release; steady U.S. growth expected.
Trading Impacts
USD: Mild bearish bias from soft data.
CNY: Stable; easing risk remains.
CAD: Limited support, weak price data.
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.