Eurozone June retail sales -0.3% vs +0.1% m/m expected · desk brief, Thu 06 Aug 2026

Treasuries (close 2026-08-05): 2s 4.18% (-2.0bp), 10s 4.63% (+0.0bp), 30s 5.17% (-1.0bp).

Tape (close 2026-08-05): VIX 15.81, 2s10s +44bp.

Narrative: Northern and Southern corridors of the Strait of Hormuz to be eliminated - Fars News citing source

What mattered:

• Eurozone June retail sales -0.3% vs +0.1% m/m expected

• Euro area retail sales unexpectedly fall in June amid broader slump in overall activity

• Weak Energy Demand May Signal a Much Bigger Economic Problem

• Northern and Southern corridors of the Strait of Hormuz to be eliminated - Fars News citing source

• Fed Chair Kevin Warsh Said the Central Bank Has "No Tolerance" for Inflation, and the Dow Dropped 840 Points. What It Means for Your Portfolio.