Eurozone Retail Sales declines unexpectedly by 0.3% MoM in June

Eurozone Retail Sales contracted at a 0.3% pace Month-on-Month (MoM) in June, while they were anticipated to have risen moderately by 0.1% from 0.2% in May.



 

Eurozone Retail Sales (YoY) below forecasts (1%) in June: Actual (0.7%)

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Japanese Yen: Upside risk while stuck in range against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight USD/JPY traded quietly between 157.27 and 157.87, closing at 157.74, with intraday momentum indicators flat. The pair is expected to stay in a 157.30–158.20 band near term.
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