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EWG

VGK

Germany's retail sales for June have decreased by 0.8%, which is lower than the estimated 0.2% and the prior 0.4%. This could potentially impact the performance of ETFs like EWG and VGK that have exposure to the German market.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 6:01 am

THC

WDC

The CNN Money Fear and Greed index remained in the 'Extreme Greed' zone on Friday, indicating high investor confidence. The Dow Jones closed higher for the third week in a row, while the PCE price index rose 0.2% MoM in June. The Federal Reserve increased interest rates last week. Procter & Gamble reported better-than-expected earnings and revenue for its most recent quarter. Investors are awaiting earnings results from ON Semiconductor, Tenet Healthcare, and Western Digital.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 5:45 am

FXI

China's Non-Manufacturing Purchasing Managers Index (PMI) for July came in at 51.5, lower than the estimated 52.9 and the prior figure of 53.2.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:14 am

FXI

China's Manufacturing Purchasing Managers Index (PMI) for July was reported at 49.3, slightly above the estimated 49.2 and the previous month's 49. This indicates a slight improvement in the manufacturing sector, but still below the 50 threshold indicating contraction.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:13 am

FXI

China's Composite Purchasing Managers' Index (PMI) for July has dropped to 51.1 from 52.5 in the previous month.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:13 am

BTCUSD

COIN

ETHUSD

The US Securities and Exchange Commission (SEC) asked Coinbase to halt trading in all cryptocurrencies except Bitcoin before suing the exchange for failing to register as a broker. The SEC identified 13 cryptocurrencies on Coinbase's platform as securities. Coinbase CEO Brian Armstrong said that complying with the SEC's request would have meant the end of the crypto industry in the US. The SEC and the Commodity Futures Trading Commission are currently debating whether all or any crypto tokens should fall under their purview.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 5:12 am

BBJP

DXJ

EWJ

Japan's year-on-year retail sales for June matched the estimated 5.9%, showing a slight increase from the prior 5.8%. This data could potentially impact ETFs that track Japanese equities, such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:06 am

BBJP

DXJ

EWJ

Japan's industrial production for June increased by 2%, which is lower than the estimated 2.4% but higher than the previous month's -2.2%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:05 am

BTCUSD

MSTR

Australian actress Margot Robbie compared Bitcoin discussions to the persona of Ken, a character from Barbie, during an interview. MicroStrategy CEO Michael Saylor shared the video and referred to Bitcoin as 'Big Ken Energy'. At the time of writing, Bitcoin was trading at $29,418, up 0.31% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

July 31, 2023 | 3:35 am

CTNT

FTEL

PXDT

FITELL CORPORATION (NASDAQ:FTEL), Pixie Dust Technologies, Inc (NASDAQ:PXDT), and CHEETAH NET SUPPLY CHAIN SERVICE INC (NASDAQ:CTNT) are set to go public this week. FTEL will offer 3,000,000 shares at $5.50 per share, PXDT will offer 2,000,000 shares at $9.50 per share, and CTNT will offer 1,250,000 shares at $5.00 per share. All three companies have a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

July 30, 2023 | 8:32 pm