Confidence in the euro zone's economy edged up to a new four-year high in August as rising domestic demand marginally outweighed a worsening view of export prospects and the mood brightened particularly in France and Spain.
Brazil has entered recession after official figures showed the country's economy contracted by 1.9% between April and June, compared with the previous three months.
Recent market turmoil has gotten the attention of Loretta Mester, president of the Federal Reserve Bank of Cleveland, but it hasn’t altered her view that the U.S. economy is ready for a modest increase in interest rates, she said in an interview with The Wall Street Journal.
Next Trading Day's Important Events
- USDJPY: 120.75
- EURUSD: 1.1264
- S&P 500: 1,987.66
- NASDAQ : 4,812.7