Industrial production: moving in the right direction

The commercial production index recovered the flat in June, expanding by 5.4%. The automotive sector led to a growing increase in production, while the mining slowdown declined, and oil called for some strengthening.

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The EUR/USD pair is 1.18 after U.S. retail sales fell by 1.2% in July, in addition to upward revisions and parallel increases to the base. Consumer confidence is expected by August.

The GBP/USD pair is quoted above 1,3050, the minimum outdoors. The UK is expected to ease some restrictions over the weekend, extending its slow exit from the blockade. The US dollar stops after winning and exceeding retail sales.

Gold expanded its lateral value consolidation at the beginning of the North American consultation and remained confined to a range around the $1945 region.

Ethereum exploded in the final hours of the U.S. session, striking a blow in its specific war opposed to Bitcoin. Technical research in recent days had shown the option of a bullish extension movement.

On Friday, crude oil costs fell and West Texas Intermediate (WTI) lost 1.2% on the day to $41.80. Despite the two-day crisis, WTI is still on track to close the moment in a straight week in territory.

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