Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
Italy's unadjusted year-on-year retail sales growth quickened to 2.2% in May, up from April's 1.6%, indicating stronger consumer spending.
The Eurozone's private sector activity showed a modest expansion in June, surpassing economists' predictions for the region.
Italian retail sales showed a modest increase in May, surpassing analyst predictions and suggesting resilient consumer activity.
Germany's services sector saw a third consecutive month of declining activity in June, though the pace of contraction eased slightly.
France's services activity continued to contract in June, though at a slower rate, with final PMI figures slightly below preliminary estimates.
Italy's services sector expanded slightly in June, reaching 50.2 on the PMI index, driven by increased new business.
BTSE Group has officially entered the Indonesian cryptocurrency market through a new joint venture, marking its expansion into Southeast Asia.
Spain's services activity saw a significant recovery in June, surpassing expectations and indicating improved domestic demand.
Several notable currency option expiries are scheduled for the New York cut today, though most are distant from current spot prices.
US financial markets are observing a holiday closure, contributing to potentially lower liquidity after a weaker-than-expected jobs report.
Bitcoin futures have stabilized above a critical support level, signaling a minor recovery, but face significant resistance.
The Swiss Franc gained against the US Dollar as recent US labor data tempered expectations for aggressive Federal Reserve rate increases.
India's HSBC Composite PMI for June registered 57.1, a minor decrease from May's 60.5 and just under the anticipated 57.4.
India's services purchasing managers' index (PMI) for June showed a modest deceleration in growth, registering 57.4.
Gold prices in the Philippines saw an increase on Friday, reflecting broader movements observed in international commodity markets.
Gold prices in the United Arab Emirates saw an increase on Friday, reflecting broader movements observed in international markets.
Asian equities recovered early losses, while central banks in Japan and the EU discussed inflation and monetary policy adjustments.
UBS suggests market expectations for Federal Reserve rate hikes are excessive, anticipating the central bank will maintain current rates.
China's services sector saw a minor slowdown in June, though export orders reached a 20-month peak, indicating potential shifts in economic drivers.
China's services sector activity, as measured by the RatingDog Services PMI, saw a modest decline in June, registering 54.1.
The Canadian dollar saw a decline against the US dollar as crude oil prices fell, while US economic data added to market complexities.
China's services sector growth moderated marginally in June, with the RatingDog Services PMI declining to 54.1 from 54.4.
The Japanese Yen saw modest gains against the US Dollar on Friday, with market participants closely monitoring potential government intervention.
Japan's Finance Minister Satsuki Katayama affirmed readiness to take appropriate action regarding currency fluctuations, declining comment on specific levels.
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