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News released on Thursday showed that the service prices charged by Japanese companies in July rose for the fifth consecutive month, indicating that despite the return of COVID-19 cases and the containment of the pandemic, the economy is still growing.

Affect the yen European stock markets fell on Thursday after data showed that consumer morale was sluggish following the surge in COVID-19 cases, while concerns about the outlook for monetary policy further dampened sentiment.

Affect Euro stocks 50 As the increase in COVID-19 infections led to renewed concerns about demand, the three-day rally was interrupted and Mexico resumed some oil production, so oil prices fell on the first day of the week.

Influence Brent A survey on Thursday showed that with the acceleration of inflation and the increase in COVID-19 cases, the mood of German consumers has become more depressed as it enters September. Affect the euro

The Chinese government said on Thursday that China is maintaining “normal communication” with the United States on trade, which is one of the few areas where the world’s two largest economies avoid confrontation this year. Affect the S&P 500 Index

Technical analysis

EEUR/CHF

Franc As concerns about COVID-19 continue to emerge, regional and German consumer confidence in the Eurozone has declined. This has affected the stock market and may put heavy pressure on the currency.

The pair has shown three white knights, but may falter in the face of the resistance zone.

Netflix The price is currently trading within a channel and requires strong momentum to break through the top boundary.

visa The credit giant has been declining, and this trend seems to continue.

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