Previous Trading Days Events 29.08.2024

Japan Consumer Confidence August index steady at 36.7, below the 36.9 forecast; highest since April with mixed sentiment on durable goods 30.9 and income 39.7.

US GDP Growth Q2 2024 GDP revised to 3.0 from 2.8, boosted by consumer spending and private inventory investment.

US Jobless Claims Fell 2,000 to 231k, matching market expectations.

Japan Unemployment Rate Unexpectedly rose to 2.7 in July from 2.5.

Japan Retail Sales July annual sales growth slowed to 2.6, missing 2.9 expectations; MoM up 0.2.

Tokyo CPI Rose to 2.6 YoY in August from 2.2 in July.

Winners Vs Losers In The Forex Market

On August 29, 2024, in forex trading, NZDCHF led the gains with a 0.83 move, adding 43.4 pips, while EURNZD was the biggest loser, dropping 0.61 with a 109.5 pip decline.

News Reports Monitor Previous Trading Day 29.08.2024

Server Time Timezone EEST UTC 0300

Tokyo Session

Japan Consumer Confidence  JPY Bullish at 500 GMT, index steady at 36.7, below forecast. Durable goods sentiment positive 30.9, income outlook weak 39.7.

Japan Unemployment Rate JPY Bullish at 2330 GMT, unexpected rise to 2.7 in July from 2.5.

Japan Retail Sales  JPY Bullish at 2330 GMT, annual growth slowed to 2.6, missing estimates; MoM up 0.2.

Tokyo CPI JPY Bullish at 2350 GMT, CPI rose to 2.6 YoY in August from 2.2 in July.

London Session

No major data releases affecting the sessions impact on currency.

New York Session

US GDP Growth  USD Bullish at…