Previous Trading Days Events 01.08.2024

Australia Balance of Trade Australias trade surplus expanded to AUD 5.59 billion in June 2024, exceeding the AUD 5 billion forecast, with exports increasing 1.7 to AUD 43.77 billion.

Euro Area Unemployment Rate Euro Area unemployment rose to 6.5 in June 2024, up from 6.4 in May.

United Kingdom Interest Rate BOE cut the Bank Rate by 25bps to 5 in August.

United States ISM Manufacturing PMI US ISM Manufacturing PMI dropped to 46.6 in July, missing the 48.8 estimate, while jobless claims increased to 249,000, surpassing the 236,000 forecast.

Apple Earnings NASDAQ AAPL Apple reported EPS of 1.40 and revenue of 85.78 billion, with iPhone revenue at 39.30 billion, all exceeding estimates.

Winners and Losers

On August 1st, 2024, EURGBP was the top performer, gaining 0.60 0.50 pips, while GBPCHF was the biggest loser, dropping 1.43 161.2 pips.

News Reports Monitor Previous Trading Day 01.08.2024

Server Time Timezone EEST UTC 0300

1. Tokyo Session

Australias trade surplus rose to AUD 5.59 billion, exceeding forecasts with a 1.7 export increase to AUD 43.77 billion. Bearish impact at 130 AM GMT.

2. London Session

Euro Area unemployment rate increased to 6.5, with a historical average of 9.3. Bearish impact at 900 AM GMT.
Bank of England reduced the Bank Rate by 25bps to 5, meeting expectations; cautious easing is expected. Bullish impact at 1100 AM GMT.

3. New York Session

US ISM Manufacturing PMI fell to…