Latest forex news and market analysis
Italy's preliminary Q2 GDP grew 0.2% quarter-on-quarter, surpassing expectations, with services offsetting declines in other sectors.
Spain's preliminary Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) showed an unexpected acceleration in July.
Spain's economy grew by 0.7% in Q2, surpassing expectations and demonstrating continued resilience despite persistent inflationary pressures
Swedish retail sales recorded a significant month-over-month increase in June, recovering from the prior period's contraction.
Sweden's retail sales growth slowed in June, indicating a potential cooling in consumer spending amidst broader economic shifts.
Denmark's seasonally adjusted unemployment rate remained at 2.7% in June, matching the revised figure from the previous month.
France's economy saw a modest recovery in the second quarter, driven by an uptick in household consumption and positive foreign trade.
A busy day for European economic data, with key inflation and GDP figures expected to influence market sentiment.
With July drawing to a close, currency markets could experience mild US Dollar buying driven by month-end portfolio rebalancing.
US long-term Treasury yields have climbed to levels not seen since 2007, reflecting investor sentiment on inflation and economic strength.
The Japanese Yen softened against the US Dollar following the Federal Reserve's decision to maintain interest rates, contributing to USD/JPY
The United States has reportedly conducted retaliatory strikes against targets in Iran, following recent missile attacks on US forces.
Poland initiated military aviation operations and heightened air defense readiness following Russian cruise missile strikes targeting wester
Japanese finance officials have reportedly suggested removing the traditional cap on budget requests for the upcoming fiscal year.
Australian building approvals saw a significant increase in June, surpassing analyst forecasts and indicating potential growth in the constr
Japanese investors reduced their foreign bond holdings for the second consecutive period in late July, signaling shifting capital flows.
International capital flows into Japanese stocks surged in late July, reversing a prior period of net outflows, data indicates.
The Federal Open Market Committee held interest rates steady, reflecting a split among members on the future direction of monetary policy.
Yemen's Houthi rebels are reportedly contemplating levying charges on commercial vessels navigating the southern Red Sea, following a recent
US President Trump stated that the United States is prepared to retaliate forcefully following reported actions against US forces in Iraq.
Third-quarter earnings reports from tech giants Microsoft and Meta Platforms revealed contrasting market reactions, with significant stock p
Microsoft shares advanced in extended trading, driven by robust cloud growth and an optimistic capital expenditure forecast, surpassing anal
Meta and Microsoft's recent financial results have significantly impacted market sentiment, particularly in the tech sector.
Financial markets are reflecting a tightening of conditions following recent Federal Reserve commentary suggesting a more hands-off approach