Australian Dollar Strengthens on China's Economic Performance
The Australian Dollar advanced for a second day, primarily supported by encouraging economic indicators from China, a major trade partner.
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The Australian Dollar advanced for a second day, primarily supported by encouraging economic indicators from China, a major trade partner.
China's economy expanded by 0.9% quarter-on-quarter, meeting forecasts, but 4.3% year-on-year, falling short of projections.
China reported stronger-than-forecast retail sales and industrial output for June, though fixed asset investment lagged estimates.
Chinese new home prices registered their fourth consecutive annual decline in June, with a year-on-year drop of 3.3%.
Chinese new home prices continued their downward trend in June, marking the fourth straight year of annual declines, though at a slightly sl
Japan's core machinery orders unexpectedly fell by 1.9% year-on-year in May, significantly missing market forecasts.
Former US President Donald Trump stated that the US pressured Iran for a deal, noting the nation's diminished, yet resilient, state.
New Zealand's retail sales for June 2026 recorded a 1.3% year-over-year increase, a notable deceleration from the previous period.
China's new consumption plan targets approximately 60 trillion yuan in retail sales by 2030, signaling a strategic economic rebalance.
The Singapore Dollar maintains a slight downward tendency against the US Dollar, trading within a narrow range, according to UOB analysts.
Investors are closely watching China's Q2 GDP and June economic activity figures for insights into the nation's economic health.
The Euro advanced against the US Dollar on Tuesday, primarily driven by broad dollar weakness following the release of softer-than-expected
US equities experienced a mixed day, with broad indexes posting slight increases following a softer inflation report and geopolitical develo
China's trade figures for June significantly surpassed analyst expectations, driven by robust global demand for AI and technology products.
Chicago Fed President Austan Goolsbee described June CPI data as 'surprisingly benign,' noting encouraging signs in services inflation.
The Japanese Yen advanced against the US Dollar today as a cooler-than-anticipated US inflation report led traders to dial back Federal Rese
A Federal Reserve official recently stated that controlling inflation is a deliberate policy choice, affirming the central bank's resolve.
Federal Reserve Chairman Kevin Warsh reiterated the central bank's dedication to achieving price stability and its 2% inflation target.
China recorded a significant trade surplus in June, fueled by strong AI-related tech exports, yet the yuan's exchange rate saw minimal impac
The New Zealand Dollar advanced against the US Dollar, touching a one-month peak following US inflation figures that tempered rate hike expe
TD Securities anticipates the US Dollar will maintain some strength in Q3, driven by normalizing market positions and renewed safe-haven flo
The New Zealand Dollar showed resilience against the US Dollar, maintaining its position near the 0.5800 level despite broader market cautio
Spain's 9-month Letras auction concluded with a higher yield, moving from 2.518% to 2.623%, reflecting market dynamics.
German wholesale prices fell for the second consecutive month in June, with the annual inflation rate easing but remaining elevated.