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August 24, 2026 7:35 AM UTC
IMM data for w/e Aug 18 mixed, show modest $ trim overall, still long
CAD shorts lightly covered but still very large into the trade deal hopes and now breakdown
CHF shorts pared, JPY shorts show 1st increase in 3 weeks, but to average levels
August 21, 2026 2:03 PM UTC
August’s preliminary S and P PMIs show a contrast between an unexpected slowing in manufacturing, to 53.2 from 53.9, but surprising strength in services is probably more significant, with a rise to 56.8 from 54.6. The composite rose to 56.0 from 54.5.
August 21, 2026 12:47 PM UTC
June Canadian retail sales with a 0.6% increase are slightly stronger than the 0.4% preliminary estimate made with May’s data and in real terms increased by an impressive 1.5%. This is supportive for Q2 GDP though the Q2 retail sales gain of 0.4% (not annualized) is moderate in real terms, if up 2