China Aims for 60 Trillion Yuan Retail Sales by 2030
China's new consumption plan targets approximately 60 trillion yuan in retail sales by 2030, signaling a strategic economic rebalance.
Latest forex news and market analysis
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.
The Indonesian Rupiah (IDR) appreciated against the US Dollar (USD) following S&P Global Ratings' affirmation of Indonesia's credit rating.
A notable EUR/USD option expiry at 1.1400 could influence price action before traders shift focus to US inflation data.
The British Pound showed strength against the US Dollar in Asian trading, with potential gains tempered by Middle East geopolitical concerns
China reported a significant acceleration in export growth for June 2026, with year-over-year figures considerably exceeding analyst forecas
US Central Command announced new strikes against Iranian military facilities, with over 50,000 US personnel deployed in the Middle East.
Iran's IRGC stated it disabled two supertankers in the Strait of Hormuz for alleged navigation violations and ignoring warnings.
Australian business confidence notably improved in June, signaling a potential shift in economic sentiment among local enterprises.
The Japanese Yen's recent rally against the US Dollar has fully unwound amidst skepticism regarding potential shifts in GPIF asset allocatio