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China: Activity slowdown and LPR hold – ING
ING’s Lynn Song expects China’s July data to show continued sluggish momentum, with only a modest re...
Kazakhstan Accuses Big Oil of $10.7 Billion Corruption in Kashagan Oil Project
Kazakhstan has alleged in a confidential arbitration case that some of the biggest international oil...
United Kingdom: Inflation risks tilt higher – TD Securities
TD Securities’ Julie Ioffe expects UK headline CPI to rise to 2.9% year-on-year in July, largely due...
Canadian Dollar steadies as US Dollar holds ground amid market caution
USD/CAD remains stronger for the fourth successive day, trading around 1.3990 during the Asian hours on Tuesday. The pair is holding its ground as the US Dollar (USD) stabilizes ahead of further devel ...
China’s Retail Sales miss expectations in May: What -0.6% means for the Australian Dollar
China’s Retail Sales fell 0.6% year-over-year (YoY) in May vs. 0% expected and 0.2% in April, the latest data released by the National Bureau of Statistics (NBS) showed Tuesday.
China Fixed Asset Investment (YTD) (YoY) registered at -4.1%, below expectations (-2%) in May
China Fixed Asset Investment (YTD) (YoY) registered at -4.1%, below expectations (-2%) in May
China Retail Sales (YoY) came in at -0.6%, below expectations (0%) in May
China Retail Sales (YoY) came in at -0.6%, below expectations (0%) in May
China Industrial Production (YoY) came in at 4.5%, above expectations (4.3%) in May
China Industrial Production (YoY) came in at 4.5%, above expectations (4.3%) in May
China House Price Index remains unchanged at -3.5% in May
China House Price Index remains unchanged at -3.5% in May
PBOC sets USD/CNY reference rate at 6.8108 vs. 6.8088 previous
On Tuesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8108 compared to the previous day's fix of 6.8088 and 6.7605 Reuters estimate.
Japanese Yen drifts higher ahead of BoJ rate decision
The USD/JPY pair declines to around 160.15 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following a deal to reopen the Strait of Hormuz. Al ...
WTI hovers around $80.00 as traders await developments on US-Iran peace talks
West Texas Intermediate (WTI) oil price inches higher after registering 3.7% losses in the previous day, trading around $80.10 per barrel during the Asian hours on Tuesday.
US President Donald Trump declares Iran ‘has agreed to never have a nuclear weapon’
US President Donald Trump said that Iran agreed not to ever have a nuclear weapon, the Guardian reported on Tuesday.
Japan’s Kiuchi: No comment on market expectations of BoJ rate hike
Japan's Economy Minister, Minoru Kiuchi, said on Tuesday that he will participate in today's Bank of Japan (BoJ) meeting. Kiuchi added that he strongly hopes the central bank communicates and collabor ...
Euro edges higher to near 1.1600 on US-Iran Strait of Hormuz deal
The EUR/USD pair trades in positive territory around 1.1590 during the early Asian session on Tuesday. A deal to reopen the Strait of Hormuz spurred a rally in riskier assets such as the Euro (EUR) ag ...