INDIA: Country Wrap: India Can Weather the Tariff Storm
Sep-03 05:24
* Indian companies are betting on small towns and villages to sustain growth at a time the third-l...
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LOOK AHEAD: UK Timeline of Key Events (Times BST)
Aug-04 05:23
| Date | UK | Period | Event |
| 06-Aug | 0930 | Aug | S&P Global/CIPS Construction PMI |
| 07-Aug | 1200 | Sep | Bank Of England Interest Rate |
| 07-Aug | 1230 | Oct | BOE Press Conference |
| 07-Aug | 1400 | Nov | BOE Decision Maker Panel Data |
| 08-Aug | 1215 | Dec | BOE Pill At National MPC Agency Briefing |
| 11-Aug | 0001 | Jan | KPMG / REC UK Report on Jobs |
| 12-Aug | 0001 | Feb | BRC-KPMG Shop Sales Monitor |
| 12-Aug | 0700 | Mar | Labour Market Survey |
| 12-Aug | 1200 | May | BOE APF Quarterly Report |
| 14-Aug | 0700 | Jun | GDP / Services / Production / Construction |
| 18-Aug | 1530 | Jul | DMO likely to publish FQ3 consultation agenda |
| 20-Aug | 0001 | Sep | Brightmine pay deals for whole economy |
| 20-Aug | 0700 | Oct | Consumer inflation report / Producer Prices |
CHINA: Country Wrap: Nvidia Questioned by Authorities
Aug-04 05:22
- China is taking aim at low prices offered by companies to win market share and plans to expose those it deems the worst offenders to public scrutiny. Officials from China’s powerful economic-planning agency — the National Development and Reform Commission — used a briefing on Friday to lay out a range of measures targeted at the firms and tactics it blames for fanning deflationary pressure in the economy. (source BBG)
- China state media is calling for Nvidia Corp. to prove that its H20 chip is secure, saying it can’t allow flawed chips into the country. The Cyberspace Administration of China summoned Nvidia representatives to discuss significant security vulnerabilities in the H20 and to provide documents as needed. (source BBG)
- China's Hang Seng has started the week on a positive footing, rising +0.50% whilst onshore bourses were mixed. The CSI 300 is unchanged on the day along with the Shenzhen Comp and the Shanghai Comp has had a mildly positive start, rising +0.20%.
- Yuan Reference Rate at 7.1395 Per USD; Estimate 7.1746
- Bonds are better today with the CGB10yr at 1.69%
LOOK AHEAD: Eurozone Timeline of Key Events (Times BST)
Aug-04 05:18
| Date | Time | Country | Event |
| 05-Aug | 0745 | FR | Industrial Production |
| 05-Aug | 0800 | ES | Industrial Production |
| 05-Aug | 0815 | ES | S&P Global Services / Composite PMI (f) |
| 05-Aug | 0845 | IT | S&P Global Services / Composite PMI (f) |
| 05-Aug | 0850 | FR | S&P Global Services / Composite PMI (f) |
| 05-Aug | 0855 | DE | S&P Global Services / Composite PMI (f) |
| 05-Aug | 0900 | EU | S&P Global Services / Composite PMI (f) |
| 05-Aug | 1000 | EU | PPI |
| 06-Aug | 0700 | DE | Manufacturing Orders |
| 06-Aug | 0830 | EU | S&P Global Final Eurozone Construction PMI |
| 06-Aug | 0900 | IT | Industrial Production |
| 06-Aug | 1000 | EU | Retail Sales |
| 07-Aug | 0700 | DE | Trade Balance / Industrial Production |
| 07-Aug | 0745 | FR | Foreign Trade |
| 11-Aug | 0900 | IT | HICP (f) |
| 11-Aug | 1000 | IT | Foreign trade and import prices |
| 12-Aug | 1000 | DE | ZEW Current Expectations Index |
