China's economic development plan for the next five years is in the resolution of the third plenum, UOB Group economist Ho Woei Chen notes.
Thu, 25 Jul 2024 05:10:15 -0400
Germany's Ifo Business Climate Index fell from 88.6 to 87.0 in July, missing expectations of 89.0. Current Assessment Index also dropped from 88.3 to 87.1, below the anticipated 88.5.
Thu, 25 Jul 2024 04:44:59 -0400
The barrage of easing measures this week was meant to bolster the economy and shore up confidence in domestic markets. However, it has been anything but that.
Thu, 25 Jul 2024 04:40:56 -0400
Manufacturing PMIs are heading lower again after a feeble bounce. Services PMIs are at least in expansion territory, but missed estimates.
Thu, 25 Jul 2024 04:30:00 -0400
Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit, while bearish bets on most Asian currencies eased, a Reuters poll found on Thursday.
Thu, 25 Jul 2024 04:09:37 -0400
The technical oscillators are confirming the recent bearish movement in price. The RSI is heading south beneath the neutral threshold of 50, while the MACD is extending its bearish structure below its trigger and zero lines.
Thu, 25 Jul 2024 04:05:14 -0400
Germany IFO – Expectations came in at 86.9, below expectations (89) in July
Thu, 25 Jul 2024 04:01:43 -0400
Eurozone M3 Money Supply (3m) up to 1.7% in June from previous 1.3%
Thu, 25 Jul 2024 04:01:36 -0400
The headline German IFO Business Climate Index came in at 87.0 in July, falling sharply from the June figure of 88.6. The market forecast was 88.9.
Thu, 25 Jul 2024 04:01:34 -0400
Eurozone Private Loans (YoY) came in at 0.3% below forecasts (0.5%) in June
Thu, 25 Jul 2024 04:01:12 -0400
Prior 88.6 Current conditions vs 88.5 expected Prior 88.3 Expectations vs 89.0 expected Prior 89.0 This article was written by Justin Low at www.forexlive.com.
Thu, 25 Jul 2024 04:01:05 -0400
Germany IFO – Current Assessment below expectations (88.5) in July: Actual (87.1)
Thu, 25 Jul 2024 04:00:56 -0400
Eurozone M3 Money Supply (YoY) above forecasts (1.8%) in June: Actual (2.2%)
Thu, 25 Jul 2024 04:00:42 -0400
Germany IFO – Business Climate below forecasts (88.9) in July: Actual (87)
Thu, 25 Jul 2024 04:00:14 -0400
M3 Money Supply Y/Y 2.2% vs. 1.8% expected and 1.6% prior.
Thu, 25 Jul 2024 04:00:10 -0400
The US Dollar Index (DXY) trades in a tight range near 104.30 in Thursday's European session. The US Dollar (USD) stays quiet as investors await the United States (US) Q2 flash Gross Domestic Product (GDP) data, which will be published at 12:30 GMT.
Thu, 25 Jul 2024 03:49:42 -0400
The Pound Sterling (GBP) weakens to 1.2880 against the US Dollar (USD) in Thursday's London session. The GBP/USD pair declines on sour market sentiment ahead of the advanced United States (US) Q2 Gross Domestic Product (GDP) data, which will be published at 12:30 GMT.
Thu, 25 Jul 2024 03:32:32 -0400
Japan's Chief Cabinet Secretary Yoshimasa Hayashi said on Thursday that he is “closely watching FX moves.”
Thu, 25 Jul 2024 03:08:17 -0400
Market focus yesterday initially was on the PMI releases. Later sentiment turned sharply risk-off even as there was no outright link between both storylines.
Thu, 25 Jul 2024 03:04:16 -0400
The US Bureau of Economic Analysis (BEA) will publish the first estimate of the US Gross Domestic Product (GDP) for the April-June period on Thursday. The report is expected to show an economic expansion at an annual rate of 2%, following the 1.4% growth recorded in the prior quarter.
Thu, 25 Jul 2024 03:00:00 -0400