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President Trump: The Fed must now lower the rate
President Donald Trump renewed his call on Wednesday for the Federal Reserve to cut interest rates, citing stronger‑than‑expected US economic growth in the April-June period (+3.0%).
Fxstreet
Wed, Jul 30
United States Pending Home Sales (YoY): -2.8% (June) vs previous 1.1%
United States Pending Home Sales (YoY): -2.8% (June) vs previous 1.1%
Fxstreet
Wed, Jul 30
US pending home sales fall more than expected in June
WASHINGTON, July 30 (Reuters) - Contracts to buy previously owned U.S. homes dropped more than expected in June, weighed down by higher mortgage rates.The National Association of Realtors said on Wednesday pending home sales, based on signed contracts, fell 0.8% last month. Economists polled by Reut...
Reuters
Wed, Jul 30
United States Pending Home Sales (MoM) came in at -0.8%, below expectations (0%) in June
United States Pending Home Sales (MoM) came in at -0.8%, below expectations (0%) in June
Fxstreet
Wed, Jul 30
Canada BoC Interest Rate Decision meets expectations (2.75%)
Canada BoC Interest Rate Decision meets expectations (2.75%)
USD/CAD
Fxstreet
Wed, Jul 30
FACTBOX-India-US trade talks go off rails on row over farm markets
By Manoj Kumar NEW DELHI, July 30 (Reuters) - President Donald Trump said on Wednesday the United States would impose a 25% tariff on Indian goods starting August 1, citing New Delhi’s high tariffs and strict non-monetary trade barriers.Following are the key issues that appear to have derailed th...
Reuters
Wed, Jul 30
African central banks' gold rush faces liquidity, price risks, Fitch unit says
By Duncan Miriri NAIROBI, July 30 (Reuters) - Sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana, Tanzania and Nigeria have b...
Reuters
Wed, Jul 30
Zambia wants to extend IMF loan programme by 12 months
LUSAKA, July 30 (Reuters) - Zambia's government wants to extend its International Monetary Fund programme another 12 months beyond its current expiry at the end of October, a cabinet statement said on Wednesday.The copper-rich Southern African nation has been trying to get its public finances ba...
Reuters
Wed, Jul 30
Natural Health Trends Q2 revenue falls 6% as tariffs bite
OverviewNatural Health Trends Q2 2025 revenue down 6% due to tariff threatsOperating loss widens to $333,000 from $238,000 in prior yearNet income falls to $15,000, down from $173,000 in Q2 2024OutlookCompany expects trade tensions to impact consumer sentiment in key marketsNatural Health Trends rea...
Reuters
Wed, Jul 30
Mexico's economy grows more than expected in Q2 from previous quarter
MEXICO CITY, July 30 (Reuters) - Mexico's economy grew 0.7% in the second quarter from the previous three-month period, a preliminary estimate from national statistics agency INEGI showed on Wednesday, beating market expectations. Latin America's second-largest economy notched its second con...
Reuters
Wed, Jul 30
CTAs poised to rebuild Gold longs – TDS
Gold appears to have entered a consolidation phase following a period of heavy selling. With CTAs now skewed toward buying, ETF outflows reversing, and macro funds still short, the market setup favors a renewed uptrend in the near term, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold
Fxstreet
Wed, Jul 30
US economy rebounds in second quarter
By Lucia Mutikani WASHINGTON, July 30 (Reuters) - U.S. economic growth rebounded more than expected in the second quarter, but that grossly overstated the economy's health as subsiding imports accounted for the bulk of the improvement and consumer spending increased moderately. Gross d...
Reuters
Wed, Jul 30
United States Gross Domestic Product Price Index came in at 2%, below expectations (2.4%) in 2Q
United States Gross Domestic Product Price Index came in at 2%, below expectations (2.4%) in 2Q
Fxstreet
Wed, Jul 30
United States Gross Domestic Product Annualized came in at 3%, above expectations (2.4%) in 2Q
United States Gross Domestic Product Annualized came in at 3%, above expectations (2.4%) in 2Q
Fxstreet
Wed, Jul 30
United States Core Personal Consumption Expenditures (QoQ) above forecasts (2.4%) in 2Q: Actual (2.5%)
United States Core Personal Consumption Expenditures (QoQ) above forecasts (2.4%) in 2Q: Actual (2.5%)
Fxstreet
Wed, Jul 30
United States Personal Consumption Expenditures Prices (QoQ) fell from previous 3.7% to 2.1% in 2Q
United States Personal Consumption Expenditures Prices (QoQ) fell from previous 3.7% to 2.1% in 2Q
Fxstreet
Wed, Jul 30
US private sector employment rises 104,000 in July vs. 78,000 expected
Private sector employment in the US rose by 104,000 in July, the Automatic Data Processing (ADP) reported on Wednesday. This reading followed the 23,000 decrease (revised from -33,000) recorded in June and came in better than the market expectation for an increase of 78,000.
Fxstreet
Wed, Jul 30
US private payrolls increase in July
WASHINGTON, July 30 (Reuters) - U.S. private payrolls increased more than expected July, the ADP National Employment Report showed on Wednesday, though the labor market continues to slow.Private payrolls rose by 104,000 jobs last month after a revised 23,000 decline in June. Economists polled by Re...
Reuters
Wed, Jul 30
United States ADP Employment Change above forecasts (78K) in July: Actual (104K)
United States ADP Employment Change above forecasts (78K) in July: Actual (104K)
Fxstreet
Wed, Jul 30
Mexico's economy up 0.7% in Q2 from previous quarter
MEXICO CITY, July 30 (Reuters) - Mexico's economy grew 0.7% in the second quarter from the previous three-month period, a preliminary estimate from national statistics agency INEGI showed on Wednesday, above the 0.4% expected by economists in a Reuters poll.Compared with the same quarter a year ...
Reuters
Wed, Jul 30
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