Swiss Economy Shows Strong Q2 Growth, Driven by Exports
Switzerland's economy expanded by 1.5% quarter-on-quarter in Q2, a significant increase from Q1's 0.4% growth.
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Switzerland's economy expanded by 1.5% quarter-on-quarter in Q2, a significant increase from Q1's 0.4% growth.
France's annual inflation rate increased to 2.1% in July, with core inflation also accelerating amid broad price pressures.
A notable EUR/USD options expiry at 1.1550 could influence price action today, with the pair below its 100-day moving average.
German wholesale prices saw a modest increase in July, primarily driven by higher petroleum product costs after a temporary tax reduction ex
Germany's wholesale price index increased by 5.3% year-over-year in July, showing an acceleration from the previous month's figures.
Asian equities saw mixed performance as US inflation concerns eased, while Apple's reported AI partnership in China drew attention.
July inflation data reveals a mixed picture across Central Europe, with most nations seeing declines while Poland and Czechia experienced in
Recent US inflation figures indicate a continued deceleration in price pressures, a development generally welcomed by financial markets.
The US has introduced new tariffs on imported drones and components, primarily targeting militarily sensitive items and Chinese manufacturer
South Korea's M2 money supply expanded by 9.4% in June, an increase from May's 9.2% growth, indicating ongoing liquidity.
The US Dollar Index (DXY) experienced a decline, trading near 99.90 during Friday's Asian session, influenced by recent US inflation figures
Latvia and Finland recently issued airspace alerts, contributing to ongoing geopolitical concerns on NATO's eastern flank.
China's central bank established the daily yuan reference rate at 6.7878 against the US dollar, while actively managing market liquidity.
Reuters estimates the People's Bank of China will establish the daily USD/CNY reference rate at approximately 6.7413.
Japanese equities experienced a notable outflow last week, contrasting with previous inflows, while bond selling persisted.
Japanese investors substantially increased their acquisitions of foreign bonds in the week ending August 7, reaching ¥1629.4 billion.
US Treasury Secretary Scott Bessent indicated Washington plans to implement 'never before seen' measures against Iran, according to Reuters.
New Zealand's manufacturing sector experienced a moderation in growth during July, following a strong performance in the preceding month.
MyEtherWallet (MEW) has integrated Ondo Perps, enabling users to engage in 24/7 leveraged trading of tokenized equities and ETFs.
Social media platform Reddit will join the S&P 500 index on August 18, prompting an after-hours increase in its stock price.
South Korea's export price index saw a marginal increase in July, reaching 49.1% year-on-year, up from 48.9% in June.
South Korea observed a deceleration in its year-on-year import price growth for July, easing to 18.7% from June's 20.6%.
The New Zealand Dollar recovered some ground against the US Dollar, moving off two-week lows following a dovish RBNZ survey and broader USD
The US Dollar maintained its position on Friday as investors anticipated key US retail sales figures following recent inflation and jobless