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Eurozone Retail Sales fall 0.1% YoY in July vs. +0.1% expected

  • Eurozone Retail Sales drop 0.1% YoY in July vs. +0.1% forecast.
  • Retail Sales in the bloc arrived at 0.1% MoM in July vs. 0.1% estimate.

Eurozone’s Retail Sales fell 0.1% over the year in July after dropping by 0.4% in May, the official data released by Eurostat showed on Thursday. The data missed the market consensus of +0.1%.

Spain 5-y Bond Auction fell from previous 2.997% to 2.58%

Spain 5-y Bond Auction fell from previous 2.997% to 2.58%
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USD/JPY: Sideways near the lows – OCBC

USD/JPY continued to trade lower, following the broad decline in USD, UST yields, OCBC FX strategists Frances Cheung and Christopher Wong note.
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