The Traderszone Network

South Korea’s stocks rallied to record highs, but that may have been derailed by the spat between Trump and North Korea.

Spain inflation figures for July unrevised from flash as expected.
– CPI 1.5% y/y
– CPI -0.7% m/m      
– HICP CPI 1.7% y/y         
All as expected. Big dip there for the July monthly harmonised index of consumer prices but core CPI is up from prior.

Venezuela’s President Nicolas Maduro has called on President Donald Trump to engage in a “personal conversation” just days after being hit with new sanctions by the U.S.

All readings unrevised from flash for French inflation.
– CPI 0.7% y/y
– CPI -0.3% m/m
– HICP 0.8% y/y
– HICP -0.4%
–

CPI ex-tobacco m/m -0.4%
Deflation for the month of July there for France but wages

Families at a popular Spanish beach were shocked yesterday when an inflatable raft carrying dozens of migrants from Northern Africa suddenly washed ashore.  As can be seen in the following onlooker’s video, the migrants fled the boat before it reached dry land and ran inland in an effort to evade authorities.

According to the Daily Mail, the migrants arrived in Cadiz in Southern Spain and managed to disperse before being captured by police.

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With the euro breaking through multiyear highs recently, it is time for investors to shake-up their European stock portfolio, according to Société Générale.
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