Posted at 13 August 2026 / Categories Market Roundups
Market Roundup
•UK GDP (YoY) (Q2) 1.2%, 1.1% forecast, 0.9% previous
•UK GDP (MoM) (Jun) 0.3%, 0.0% forecast, 0.0% previous
•UK GDP (QoQ) (Q2) 0.4%, 0.4% forecast, 0.6% previous
•UK Manufacturing Production (MoM) (Jun) -0.5%, -0.1% forecast, -0.2% previous
•UK Industrial Production (MoM) (Jun) -0.2%, 0.1% forecast, -0.7% previous
•UK Business Investment (QoQ) (Q2) 1.7%, -0.3% forecast, 0.9% previous
•UK Monthly GDP 3M/3M Change (Jun) 0.4%, 0.4% forecast, 0.6% previous
•UK Trade Balance Non-EU (Jun) -10.45B, previous -9.58B
•UK Trade Balance (Jun) -23.01B, -20.60B forecast, -21.08B previous
•UK Industrial Production (YoY) (Jun) -0.2%, 0.2% forecast, 1.0% previous
•UK Manufacturing Production (YoY) (Jun) 0.5%, 1.2% forecast, 2.0% previous
•UK Business Investment (YoY) (Q2) 0.8%, previous -1.3%
•UK Construction Output (MoM) (Jun) -0.1%, -0.3% forecast, -0.8% previous
•UK Construction Output (YoY) (Jun) -2.3%, -2.4% forecast, -2.0% previous
•UK GDP (YoY) (Jun) 1.1%, 0.8% forecast, 1.2% previous
•UK Index of Services 0.5%, 0.5% forecast, 0.7% previous
•EU Industrial Production (MoM) (Jun) 0.0%, -0.1% forecast, 0.3% previous
•EU Industrial Production (YoY) (Jun) 0.1%, -0.8% forecast, -0.1% previous
• US PPI (MoM) (Jul) 0.0%, 0.2% forecast, -0.1% previous.
•US Initial Jobless Claims 209K, 202K forecast, 200K previous
•US Core PPI (MoM) (Jul) 0.2%, 0.3% forecast, 0.4% previous
•US Continuing Jobless Claims 1,777K, 1,800K forecast, 1,799K previous
•US PPI ex. Food/Energy/Transport (MoM) (Jul) 0.4%, 0.1% previous
•US PPI (YoY) (Jul) 4.7%, 4.9% forecast, 5.5% previous
•US PPI ex. Food/Energy/Transport (YoY) (Jul) 4.7%, 5.0% previous
•US Core PPI (YoY) (Jul) 4.2%, 4.2% forecast, 4.7% previous
•US Jobless Claims 4-Week Avg. 199.00K, 199.00K previous
•US Natural Gas Storage 36B, 31B forecast, 33B previous
Looking Economic Data (GMT)
•14:30 US 4-Week Bill Auction 3.640% previous
•14:30 US 8-Week Bill Auction 3.710% previous
Looking Ahead Events And Other Releases (GMT)
•No Data Ahead
Currency Forecast
EUR/USD : The euro edged higher on Thursday as dollar weakened after data showed producer prices were unchanged in July, coming after Wednesday’s consumer price inflation report that showed that U.S. consumer prices barely increased last month. The flat reading in the Producer Price Index for final demand last month followed a revised 0.1% drop in June. Economists polled by Reuters had forecast the PPI rebounding 0.2%.The soft data led traders to further pare back expectations of a Federal Reserve rate hike in September. Fed funds futures now show a 31% probability of a September hike, down from 40% on Wednesday and 55% a week earlier. Immediate resistance can be seen at 1.1565(50%fib), an upside break can trigger rise towards 1.1600(Psychological level).On the downside, immediate support is seen at 1.1517(Aug 8th low), a break below could take the pair towards 1.1472(38.2%fib).
GBP/USD: The British pound edged higher on Thursday as investors digested UK GDP and producer prices data. U.S. producer prices were unchanged in July as goods prices declined, though a rise in the cost ?of services suggested inflation could remain elevated.The flat reading in the Producer Price Index for final demand last month followed a revised 0.1% drop in June, the Labor Department's Bureau ?of Labor Statistics said on Thursday. Britain's economy unexpectedly grew in June as companies enjoyed a respite from the energy price surge caused by the Iran war, the start of the men's soccer World Cup and hot weather, official data showed on Thursday.Gross domestic product rose by 0.3% during the month, putting Britain on course for the strongest growth among the Group of Seven rich economies in the first half of 2026, after being flat ?in May . Immediate resistance can be seen at 1.3528(38.2%fib), an upside break can trigger rise towards 1.3556(Higher BB).On the downside, immediate support is seen at 1.3440(Aug 7th low), a break below could take the pair towards1.3407(50%fib).
AUD/USD: The Australian dollar strengthened on Thursday after data showed producer prices were unchanged in July, coming after Wednesday’s consumer price inflation report that showed that U.S. consumer prices barely increased last month.The flat reading in the Producer Price Index for final demand last month followed a revised 0.1% drop in June. Economists polled by Reuters had forecast the PPI rebounding 0.2%.The soft data led traders to further pare back expectations of a Federal Reserve rate hike in September. Fed funds futures now show a 31% probability of a September hike, down from 40% on Wednesday and 55% a week earlier.. Immediate resistance can be seen at 0.7076(Higher BB), an upside break can trigger rise towards 0.7104(38.2%fib).On the downside, immediate support is seen at 0.7006 (SMA 20), a break below could take the pair towards 0.6975(50%fib).
USD/JPY: Dollar dipped against yen on Thursday as investors parsed a softer-than-expected producer price inflation reading. Producer price ?figures came in at 4.7%, below expectations of a 4.9% gain in July. This follows benign July consumer inflation data that strengthened expectations that the Fed would hold interest rates steady ?at its next meeting. .Other data on Thursday showed that the number of Americans filing claims for unemployment benefits increased moderately last week, suggesting that the labor market remains stable despite July's surprise job losses. The Japanese yen strengthened 0.14% to 159.19 per dollar. Immediate resistance can be seen at 158.82 (Aug 10th high), an upside break can trigger rise towards 159.49(50%fib).On the downside, immediate support is seen at 157.50(38.2%fib) a break below could take the pair towards 157.00 (Psychological level).
Equities Recap
European shares edged higher on Thursday as falling oil prices eased some pressure on investors, while concerns over weakening demand persisted.
UK's benchmark FTSE 100 was down by 0.56 percent, Germany's Dax was up by 0.04 percent, France’s CAC was down by 0.19 percent.
Commodities Recap
Gold pared losses on Thursday after falling nearly 1% earlier in the session, as the U.S. producer price data matched expectations and reduced bets for a Federal Reserve rate hike next month, while profit-taking kept prices below the $4,500 level.
Spot gold fell 0.5% ?to $4,386.69 per ounce by 09:26 a.m EDT (1326 GMT) after touching session's low ?of $4,363.44. U.S. gold futures dipped 0.5% to $4,444.00.
Oil prices declined on Thursday as investors weighed expectations for weaker global demand and higher U.S. crude inventories, while ongoing disruptions to supply and a lack of progress in talks over the blockade of the Strait of Hormuz limited the downside.
Brent futures were down $2.20, or 2.47%, at $86.78 a barrel by ?1324 GMT, trimming gains accumulated over the previous six sessions.U.S. West Texas Intermediate (WTI) crude fell $2.34, ?or 2.81%, to $80.93 after advancing over the past five sessions.