News
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Nonfarm Payrolls set to show hiring moderated in July as US labor market cools
A pretty wild week is coming to an end with the release of the all-important United States (US) Nonfarm Payrolls (NFP) data for July, which will be published by the Bureau of Labor Statistics (BLS) on Friday at 12:30 GMT.Fxstreet
Fri, Aug 1
Indonesia's exports rise again in June as U.S.-bound shipments jump
June Exports +11.3% y/y, vs poll's +10.4%Imports +4.3% y/y, vs poll's +6.5%Trade surplus at $4.11 bln, vs $3.45 bln forecastJuly inflation rises to +2.37%, still within central bank targetBy Gayatri Suroyo and Stefanno Sulaiman JAKARTA, Aug 1 (Reuters) - Indonesia's exports rose in Ju...Reuters
Fri, Aug 1
WRAPUP 1-Slow US job gains expected in July; unemployment rate forecast rising to 4.2%
Nonfarm payrolls forecast to increase by 110,000 in JulyUnemployment rate expected to rise to 4.2% from 4.1% in JuneBy Lucia Mutikani WASHINGTON, Aug 1 (Reuters) - U.S. job growth likely slowed in July, with the unemployment rate forecast rising back to 4.2%, but that probably would be insufficie...Reuters
Fri, Aug 1
GLOBAL ECONOMY-Asia's factory activity worsens as US trade uncertainty bites
China factory activity shrinks in July, S&P PMI showsJapan, South Korea also saw activity deteriorateJapan, South Korea surveys taken before trade deals with U.S.Surveys highlight challenge as Trump upends global free tradeBy Leika Kihara TOKYO, Aug 1 (Reuters) - Asia's factory activity d...Reuters
Fri, Aug 1
EXCLUSIVE-Cambodia deputy PM says 19% US tariff rate averts collapse of its garments manufacturing sector
Cambodia deputy PM thanks Trump for 'noble intervention' in Thai-Cambodia conflictAgrees to buy 10 Boeing jets for Air Cambodia, option to buy 10 moreSays initial levies of 49% or 36% would have had 'huge' economic impact Deal agreed with U.S. is framework, to be finalised laterBy Ma...Reuters
Fri, Aug 1
China's manufacturing activity shrinks as exports drag, S&P PMI shows
BEIJING, Aug 1 (Reuters) - China's factory activity deteriorated in July, as a softening of new business growth led manufacturers to scale back production, a private-sector survey showed on Friday.The S&P Global China General Manufacturing PMI fell to 49.5 in July from 50.4 in June, undersho...Reuters
Fri, Aug 1
Indonesian's exports up 11.29% y/y in June
JAKARTA, Aug 1 (Reuters) - Indonesia's exports in June rose 11.29% on a yearly basis to $23.44 billion, data from the country's statistics bureau showed on Friday, higher than the 10.41% forecast by economists polled by Reuters.The bureau is due to release import and trade balance as well as...Reuters
Fri, Aug 1
Japan’s Kato says he is alarmed over FX trend, driven by speculative move
Japanese Economy Minister Ryosei Akazawa on Friday alarmed over the foreign exchange (FX) moves, including those driven by speculators. Akazawa further stated that he will need to closely monitor the impact of US tariffs on exports.Fxstreet
Fri, Aug 1
