Eurozone May retail sales +17.8% vs +15.0% m/m expected 0 (0)

Latest data released by Eurostat – 6 July 2020
– -11.7%; revised to -12.1%
– Retail sales -5.1% vs -6.5% y/y expected
– Prior -19.6%
Retail sales activity rebounded strongly in the euro area in May, as lockdown restrictions were eased in most countries. But relative to a year ago, retail sales is still seen lower by a

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Equities stay buoyed ahead of North American trading 0 (0)

Can European and US investors keep the torch alight in the latter half today?
China led the optimistic charge
finish with over 5% gains
In turn, that is keeping risk trades more buoyed so far in European morning trade with indices in the region holding near 2% gains while US futures are up by over 1%.

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California reports 8045 coronavirus cases vs 4056 yesterday 0 (0)

The latest data for California
Confirmed cases now 248,253 vs 240,195 yesterday. If you exclude the lab backlog, this is the worst day yet.

6/22: 4,230
6/23: 5,019
6/24: 7,149
6/25: 5,349
6/26: 4,890
6/27: 5,972
6/28: 4,810
6/29: 5,307
6/30: 6,637
7/01: 9,740 -total includes 3,842 lab backlog cases
7/02: 7,538 – „“ 3,482 „“

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ForexLive Americas FX news wrap: AUD made a bit of headway 0 (0)

Forex news for North American trade on July 3, 2020:
– US virus cases up 2.1% vs 2.1% a day earlier
Markets:
– Gold up $2 to 1777
– WTI crude oil down 33-cents to $40.32
The US was closed for a holiday and Canada didn’t bring any news or market moves to the table. Overall it was a typical

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