{"id":32644,"date":"2020-08-13T02:09:36","date_gmt":"2020-08-12T22:09:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32644"},"modified":"2020-08-13T02:22:12","modified_gmt":"2020-08-12T22:22:12","slug":"daily-recap-wednesday-august-12-2020","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/daily-recap-wednesday-august-12-2020\/08\/13\/economic-reports\/daily-economic-reports\/","title":{"rendered":"Daily Recap: Wednesday, August 12, 2020"},"content":{"rendered":"\n<p>Wednesday saw the Dollar resuming losses, while gold and oil returned to gains after a brief correction. Meanwhile, stock markets were not impacted by a rise in demand for safe havens, showing strong performance, supported by positive news about a COVID-19 vaccine. Here is a look at today\u2019s top stories.<\/p>\n\n\n\n<p><strong>Forex:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/noortrends.ae\/en\/dxy-closes-another-day-in-losses\/08\/13\/market-updates\/\">DXY Closes Another Day in Losses<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/chf-shows-strong-gains-across-the-board\/08\/13\/market-updates\/\">CHF Shows Strong Gains Across the Board<\/a><\/li><\/ul>\n\n\n\n<p><strong>Stocks:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/noortrends.ae\/en\/nyse-finishes-wednesday-with-huge-gains\/08\/13\/market-updates\/\">NYSE Finishes Wednesday with Huge Gains<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/european-stocks-maintain-gains\/08\/12\/market-updates\/\">European Stocks Maintain Gains<\/a><\/li><\/ul>\n\n\n\n<p><strong>Commodities:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/noortrends.ae\/en\/oil-settles-at-highest-level-in-five-months-2\/08\/13\/market-updates\/\">Oil Settles at Highest Level in Five Months<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/gold-resumes-gains-after-brief-correction\/08\/13\/market-updates\/\">Gold Resumes Gains after Brief Correction<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/opec-monthly-report-global-economic-growth-forecast-to-4-in-2020\/08\/12\/market-updates\/\">OPEC: Global Growth Forecast at 4% in 2020<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/oil-is-rising-after-a-bigger-than-expected-decline-oil-inventories\/08\/12\/market-updates\/\">Oil Rising on Bigger-Than-Expected Oil Inventories Decline<\/a><\/li><\/ul>\n\n\n\n<p><strong>Economic Data:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/noortrends.ae\/en\/u-s-budget-deficit-at-63-b-in-july\/08\/12\/market-updates\/\">U.S. Budget Deficit at $63 B in July<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/us-real-average-hourly-earnings-decline-by-0-4-in-july\/08\/12\/market-updates\/\">U.S. Average Hourly Earnings Decline 0.4% in July<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/us-consumer-prices-rose-0-6-in-july\/08\/12\/market-updates\/\">U.S. Consumer Prices Rise 0.6% in July<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/russian-economy-contracted-at-worst-pace-in-nearly-10-years\/08\/12\/market-updates\/\">Russian Economy Contracts with Worst Pace in Decade<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/a-disappointing-recovery-in-eurozone-industrial-production-in-june\/08\/12\/market-updates\/\">Eurozone Shows Disappointing Recovery in Industrial Production<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/uk-manufacturing-production-rebounds-in-june\/08\/12\/market-updates\/\">UK Manufacturing Production Rebounds in June<\/a><\/li><\/ul>\n\n\n\n<p><strong>Remarks:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/noortrends.ae\/en\/kaplan-containing-pandemic-could-lower-unemployment\/08\/12\/market-updates\/\">Kaplan: Containing Pandemic Could Lower Unemployment<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/rosengren-controlling-virus-helps-in-managing-debt\/08\/12\/market-updates\/\">Rosengren: Controlling Virus Helps in Managing Debt<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/kudlow-u-s-economy-needs-little-assistance\/08\/12\/market-updates\/\">Kudlow: U.S. Economy Needs Little Assistance<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/uks-sunak-economy-is-now-in-hard-times\/08\/12\/market-updates\/\">UK\u2019s Sunak: Economy is now in Hard Times<\/a><\/li><\/ul>\n\n\n\n<p><strong>News:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/noortrends.ae\/en\/democrats-and-republicans-miles-apart-on-stimulus-package\/08\/12\/market-updates\/\">Democrats and Republicans Miles Apart on Stimulus Package<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/bankruptcies-of-us-companies-are-heading-to-highest-level-since-2010\/08\/12\/market-updates\/\">Bankruptcies in U.Ss Heading to Highest Level since 2010<\/a><\/li><li><a href=\"https:\/\/noortrends.ae\/en\/germany-russian-vaccine-has-not-been-tested-adequately\/08\/12\/market-updates\/\">Germany: Russian Vaccine Has Not Been Tested Adequately<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday saw the Dollar resuming losses, while gold and oil returned to gains after a brief correction. Meanwhile, stock markets were not impacted by a rise in demand for safe havens, showing strong performance, supported by positive news about a COVID-19 vaccine. Here is a look at today\u2019s top stories. Forex: DXY Closes Another Day &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827],"tags":[7028],"class_list":["post-32644","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","tag-daily-recap"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32644"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32644\/revisions"}],"predecessor-version":[{"id":32647,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32644\/revisions\/32647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32227"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}