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Japanās Katayama: Crucial that government position secures market confidence
Japanās Finance Minister Satsuki Katayama said on Friday that the government will closely tracking economic indicator and market conditions.
Euro nudges higher above 1.1400 as traders ramp up their bets on ECB hikes
The EUR/USD pair posts modest gains around 1.1430 during the early Asian session on Friday, bolstered by a softer US Dollar (USD).
Japanās Kiuchi: Government consistently signals policy commitment to fiscal sustainability
Japan's Economy Minister Minoru Kiuchi said on Friday that the government consistently signals policy commitment to fiscal sustainability.Ā Kiuchi added that thereās no shift in government stance, and monetary policy tools remain the Bank of Japanās (BOJ) decision.Ā
Japan Producer Price Index (YoY) came in at 7.1%, above expectations (6.8%) in June
Japan Producer Price Index (YoY) came in at 7.1%, above expectations (6.8%) in June
Japan Producer Price Index (MoM) registered at 0.4% above expectations (0.3%) in June
Japan Producer Price Index (MoM) registered at 0.4% above expectations (0.3%) in June
US official says it remains committed to resolution with Iran, technical discussions ongoing
A US official signaled that it is still committed to the memorandum of understanding with Iran, even though US President Donald Trumpās declared earlier this week that the framework deal to end the Iran war was āoverā after Tehran carried out strikes against vessels in the Strait of Hormuz and again
Gold recovers above $4,100 as traders assess US-Iran conflict
Gold price (XAU/USD) rebounds to around $4,120 during the early Asian session on Friday. The precious metal edges higher asĀ traders weigh a resumption ofĀ warĀ in the Middle East.
GBP/JPY Price Forecast: Bullish amid respected higher-high structure
The British Pound advances some 0.50% against the Japanese Yen on Thursday, as risk appetite improves after US President Donald Trump said that Iran had reached out and that it wants to make a deal badly. At the time of writing, GBP/JPY trades at 217.76, near year-to-date (YTD) highs.
Japanese Yen gains modestly, remains near multi-decade lows
USD/JPY trades slightly lower on Thursday as a mildly softer US Dollar (USD) lends support to the Japanese Yen (JPY). At the time of writing, the pair is trading around 162.45, hovering near 40-year highs.
Czech Koruna: CNB alignment may weigh CZK against Euro ā BNY
Geoff Yu at BNY Mellon highlights that Czech National Bank policy expectations have risen alongside the ECB, yet the Czech Koruna is sliding on a nominal effective basis.
Confirmed: ECB Accounts reveal growing concerns over upside inflation risks
The European Central Bank (ECB) released the accounts of its latest monetary policy meeting on Thursday, revealing growing concern among policymakers over persistent inflationary risks.
Fed: Divergent inflation paths shape rate outlook ā Societe Generale
Societe Generaleās Jan Groen notes that the June Federal Open Market Committee (FOMC) minutes confirmed a hawkish hold, with the Summary of Economic Projections (SEP) showing an even split between members favoring unchanged or lower rates and those preferring hikes.
US Initial Jobless Claims dropped to 215K last week
According to a report from the US Department of Labor (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending July 4.