• Thu, Jul 10, 2025 13:50
    U.S. Jobless Claims Unexpectedly Slip To 227,000

    First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.

  • Thu, Jul 10, 2025 06:30
    Bank Of Korea Keeps Rates Steady

    The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent.
    The bank had previously reduced the benchmark rate by a quarter-point each in May and February.

  • Thu, Jul 10, 2025 05:13
    European Economic News Preview: Germany Final Inflation Data Due

    Final inflation from Germany and industrial output from Italy are the top economic news due on Thursday. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation data for June. Flash inflation showed that consumer price inflation eased to 2.0 percent from 2.1 percent in May.

  • Wed, Jul 09, 2025 21:02
    Saying Goodbye To The Penny To Cost U.S. Consumers $6 Mln In 'Rounding Tax'

    Phasing out the penny is set to involve some cost to U.S. consumers paying in cash as businesses are set to round transactions to the nearest nickel, new research from the Federal Reserve Bank of Richmond revealed on Wednesday.

  • Wed, Jul 09, 2025 19:56
    U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

    Home loan applications in the U.S. rose to their highest level since early 2023 in the week ended July 04, while mortgage rates eased only modestly, survey data from the Mortgage Bankers Association showed on Wednesday. The number of mortgage applications grew 9.4 percent from the previous week when it they rose 2.7 percent, the MBA said.

  • Wed, Jul 09, 2025 18:23
    Fed Minutes Reveal Mixed Views About Outlook For Interest Rates

    The Federal Reserve on Wednesday released the minutes of its June monetary policy meeting, which revealed most participants generally agree the central bank is well positioned to wait for more clarity on the outlook for inflation and the economy before adjusting interest rates.

  • Wed, Jul 09, 2025 14:17
    U.S. Wholesale Inventories Dip In Line With Estimates In May

    A report released by the Commerce Department on Wednesday showed a modest decrease by wholesale inventories in the U.S. in the month of May. The Commerce Department said wholesale inventories fell by 0.3 percent in May after inching up by 0.1 percent in April. The pullback by inventories matched economist expectations as well as the flash estimate.

  • Wed, Jul 09, 2025 12:00
    Yen Falls As Traders Speculate BoJ Rate Hike Pause

    The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.

  • Wed, Jul 09, 2025 12:00
    Malaysia Central Bank Cuts Policy Rate For First Time Since 2020

    Malaysia's central bank lowered its key interest rate for the first time in five years on Wednesday to underpin economic growth amid the ongoing trade tariff uncertainty. The Monetary Policy Committee of Bank Negara Malaysia decided to reduce the Overnight Policy Rate by 25 basis points to 2.75 percent. The ceiling and floor rates of the corridor of the OPR were correspondingly reduced.

  • Wed, Jul 09, 2025 09:22
    NZ Dollar Falls After RBNZ Rate Decision

    The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand's (RBNZ) widely anticipated decision to maintain rates constant.

  • Wed, Jul 09, 2025 08:06
    China Inflation Turns Positive; PPI Continues To Fall

    China's consumer prices rose for the first time in five months in June but it remained weak and producer prices marked its 33rd straight month of decline, adding pressure on policymakers to introduce more measures to support economy. The consumer price index logged an unexpected annual growth of 0.1 percent in June, offsetting a fall of 0.1 percent in May, the National Bureau of Statistics said

  • Wed, Jul 09, 2025 05:47
    New Zealand Holds Key Rate As Expected

    The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.

  • Tue, Jul 08, 2025 21:02
    American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey

    U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.

  • Tue, Jul 08, 2025 13:02
    Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

    Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.

  • Tue, Jul 08, 2025 10:38
    U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB

    Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.

  • Tue, Jul 08, 2025 09:03
    Australia Central Bank Unexpectedly Maintains Status Quo

    The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.

  • Tue, Jul 08, 2025 07:47
    Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides

    The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian markets traded higher following Trump's softened stance on tariff hikes.

  • Tue, Jul 08, 2025 07:39
    Amended: German Exports Decline As Tariff Threats Damp Demand From US

    Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.

  • Tue, Jul 08, 2025 07:39
    German Exports Decline As Tariff Treats Damp Demand From US

    Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.

  • Tue, Jul 08, 2025 05:23
    European Economic News Preview: Germany Foreign Trade Data Due

    Foreign trade data from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's foreign trade data for May. Exports are forecast to remain flat in May after falling 1.7 percent in April. The trade surplus is seen at EUR 18.1 billion compared to April's EUR 14.6 billion surplus.

  • Mon, Jul 07, 2025 11:51
    Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall

    Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent.

    Another data from Eurostat showed that services production decreased 0.3 percen

  • Mon, Jul 07, 2025 10:03
    Eurozone Investor Confidence Strongest In More Than 3 Years

    Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed

  • Mon, Jul 07, 2025 09:36
    German Industrial Production Rebounds In May

    Germany's industrial production rebounded in May driven by robust demand for automobile and pharmaceutical products, official data revealed on Monday. Data released by Destatis showed that industrial production grew 1.2 percent in May from a month ago, confounding expectations for a decline of 0.6 percent. Output in April was revised down to show a 1.6 percent fall compared to the 1.4 percent d

  • Mon, Jul 07, 2025 07:16
    UK House Prices Remain Flat In June: Halifax

    UK house prices remained flat in June after falling last month as more first-time buyers returned to the market, data from the mortgage lender Halifax showed on Monday. House prices stagnated on a monthly basis, reversing May's 0.3 percent decrease. Prices were forecast to fall 0.1 percent. At the same time, annual growth in house prices softened to 2.5 percent from 2.6 percent in the preceding

  • Mon, Jul 07, 2025 05:29
    European Economic News Preview: Germany Industrial Output Data Due

    Industrial production from Germany and house prices from the UK are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for May. Industrial production is forecast to fall 0.6 percent month-on-month, slower than the 1.4 percent decrease in April. In the meantime, UK Halifax house price data is due.