Eurozone Core Inflation Holds Steady in July
Eurozone core harmonized consumer prices showed no monthly change in July, following a slight increase in the prior period.
Latest forex news and market analysis
Eurozone core harmonized consumer prices showed no monthly change in July, following a slight increase in the prior period.
Preliminary data indicates that Eurozone annual inflation held steady at 2.9% in July, matching economists' expectations.
Germany reported a slight increase in unemployment for July, surpassing economists' predictions and hinting at persistent labor market softn
Bank of Japan Governor Kazuo Ueda discussed the central bank's monetary policy approach amid rising inflation concerns and upcoming economic
Preliminary data indicates an acceleration in French consumer prices during July, driven primarily by services and energy costs.
Nationwide reported a moderation in UK annual house price growth for July, reaching 1.8% after a prior 2.2% increase.
Nationwide reported a slight month-over-month rise in UK housing prices for July, following a period of stagnation.
Norway's twelve-month credit growth rate for the mainland domestic sector saw a minor decrease to 4.4% in June, down from 4.5% in May.
South Korea's KOSPI index staged a significant recovery on Friday, largely driven by strong performances from major technology stocks.
The Bank of Japan maintained its monetary policy, with market attention now shifting to potential future adjustments amidst inflation data.
Singapore's unemployment rate remained unchanged at 2.0% in the second quarter of 2024, signaling continued labor market stability.
The Australian Dollar edged down against the US Dollar following the release of weaker-than-expected manufacturing data from China for July.
The US Dollar Index (DXY) has shown a recovery, moving back above the 100.00 level during Friday's Asian trading session.
Chinese factory and service sector activity unexpectedly declined in July, falling below the critical 50-point expansion threshold.
Australia's Producer Price Index (PPI) for the second quarter showed a notable increase, surpassing the previous quarter's figures.
The New Zealand Dollar saw modest losses against the US Dollar, trading near 0.5870, following the release of China's latest PMI figures.
South Korea's Kospi index experienced a significant rebound, driven by the resolution of a hedge fund's leveraged positions in chipmakers.
Japanese industrial output in June surpassed expectations, while retail sales growth decelerated significantly, indicating mixed economic si
Iran's Parliament Speaker stated the US would be held accountable for civilian casualties in Qeshm, escalating regional tensions.
Japanese retail trade saw a significant contraction in June, falling by 1.3% year-on-year and underperforming market expectations.
Japan's seasonally adjusted retail trade experienced a notable contraction in June, falling by 4.1% month-over-month.
Japanese industrial production surged by 4.25% year-on-year in June, marking a substantial recovery from the previous month's contraction.
Tokyo's core consumer price index, excluding fresh food, advanced to 1.9% year-over-year in July, surpassing market expectations.
Japan's unemployment rate remained at 2.5% in April, aligning with expectations, while the jobs-to-applicant ratio increased.