China M2 Money Supply (YoY) came in at 8.6%, above expectations (8.5%) in April

TMGM Analysis: Financial Market News, Economic Calendar & Market Insights

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1Australian Dollar remains depressed below mid-0.7100s vs bullish USD after Chinese data 2China’s Retail Sales rise 0.4% in August, Industrial Production up 5.2%3China Industrial Production (YoY) registered at 5.2% above expectations (4.8%) in August 4China Retail Sales (YoY) below expectations (0.8%) in August: Actual (0.4%)5British Pound drifts lower below 1.3500 as Fed hike bets rise, UK jobs data loom 6Silver Price Forecast: XAG/USD falls to near $63.00 amid rising inflation, Treasury yields 7Euro remains depressed below mid-1.1500s vs bullish USD as focus remains on FOMC 8PBOC sets USD/CNY reference rate at 6.7670 vs. 6.7698 previous 9Canadian Dollar consolidates near 1.3900 as oil gains offset bullish USD ahead of Fed

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