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Germany's real retail sales fell 1.1% month-on-month in June, compared with a forecast of -0.1% and a revised figure of 1.00% for the previous month (originally 1.10%).

2026-08-03

Germany's real retail sales fell 1.1% month-on-month in June, compared with a forecast of -0.1% and a revised figure of 1.00% for the previous month (originally 1.10%).

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2026-08-03

Since late July, consumer graphics card prices in China have jumped sharply; some popular models rose by several hundred yuan within days and high-end cards have gained about 1,000 yuan. Merchants and sell-side analysts cite rising upstream memory co

Since late July, consumer graphics card prices in China have jumped sharply; some popular models rose by several hundred yuan within days and high-end cards have gained about 1,000 yuan. Merchants and sell-side analysts cite rising upstream memory costs, pauses in bulk shipments by some AIC manufacturers and tighter channel spot supply; retailers are buying on order rather than stocking after earlier memory-driven inventory losses. Ma Liang, chief technology analyst at SDIC Securities, said expanding AI compute demand is prompting memory makers to prioritize higher‑margin HBM capacity, squeezing GDDR6/GDDR7 supply, lifting memory chip prices and pushing GPU production costs higher.
2026-08-03

Citigroup and Barclays strategists said appreciation could strengthen Asian currencies with high yen correlation, naming the South Korean won, Singapore dollar and Thai baht as the most likely beneficiaries. Japan and the United States previously int

Citigroup and Barclays strategists said appreciation could strengthen Asian currencies with high yen correlation, naming the South Korean won, Singapore dollar and Thai baht as the most likely beneficiaries. Japan and the United States previously intervened in FX markets to support the yen after it fell to multidecade lows. As of Monday the yen had risen over 4% vs the dollar in the past three trading days; the won, baht and Philippine peso each gained at least 0.7% over the same period. Barclays said recent USD/JPY intervention may have been coordinated and its spillovers to Asian FX could exceed historical correlations, potentially further lifting yen‑sensitive Asian currencies in the near term, particularly if the dollar weakens. Barclays also flagged that Fed chair Kevin Warsh’s relatively dovish press conference last week helped push the dollar lower, providing additional support for Asian currencies.
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