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US GDP is expected to bounce up in Q2, buoyed by resilient consumption
The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of second-quarter Gross Domestic Product (GDP) on Wednesday at 12:30 GMT.
Fxstreet
Wed, Jul 30
France Consumer Spending (MoM) registered at 0.6% above expectations (-0.1%) in June
France Consumer Spending (MoM) registered at 0.6% above expectations (-0.1%) in June
Fxstreet
Wed, Jul 30
France Gross Domestic Product (QoQ) came in at 0.3%, above forecasts (0.1%) in 2Q
France Gross Domestic Product (QoQ) came in at 0.3%, above forecasts (0.1%) in 2Q
EUR/USD
Fxstreet
Wed, Jul 30
Taiwan trade delegation will continue tariff talks in US, sources say
TAIPEI, July 30 (Reuters) - A Taiwan trade delegation will continue talks with the United States on tariffs in Washington, four people familiar with the matter told Reuters on Wednesday. Goods sent from Taiwan to the U.S. were targeted for tariffs of 32% by U.S. President Donald Trump when...
Reuters
Wed, Jul 30
US economic growth likely rebounded in Q2, but with weak underlying details
Gross domestic product forecast increasing at 2.4% rateSmaller trade deficit to account for rebound in GDPModerate growth in consumer spending anticipatedFinal sales to private domestic purchasers to underscore slowing economic activityBy Lucia Mutikani WASHINGTON, July 30 (Reuters) - U.S. econom...
Reuters
Wed, Jul 30
Fed’s Biggest Split in 30 Years: Three Camps Battle Over Rate Cuts as Bond Bulls Lose Confidence in September Easing
TradingKey - The Federal Reserve’s July FOMC meeting concludes on July 30, with markets widely expecting no rate cut and a first rate cut in September. But deep internal divisions among Fed policymakers are making Treasury investors hesitant, prompting bond bulls to scale back bullish positions
TradingKey
Wed, Jul 30
PRESS DIGEST-British Business - July 30
July 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Bank of England Governor Andrew Bailey blocked British Chancellor Rachel Reeves' attempt to arrange a me...
Reuters
Wed, Jul 30
Taiwan trade delegation will continue tariff talks in US, sources say
TAIPEI, July 30 (Reuters) - A Taiwan trade delegation will continue talks with the United States on tariffs in Washington, three people familiar with the matter told Reuters on Wednesday. Goods from Taiwan sent to the U.S. were due to be tariffed at 32%, until President Donald Trump paused the whole...
Reuters
Wed, Jul 30
Australia Consumer Price Index (QoQ) below expectations (0.8%) in 2Q: Actual (0.7%)
Australia Consumer Price Index (QoQ) below expectations (0.8%) in 2Q: Actual (0.7%)
Fxstreet
Wed, Jul 30
Australia RBA Trimmed Mean CPI (YoY) meets forecasts (2.7%) in 2Q
Australia RBA Trimmed Mean CPI (YoY) meets forecasts (2.7%) in 2Q
Fxstreet
Wed, Jul 30
Australia RBA Trimmed Mean CPI (QoQ) came in at 0.6% below forecasts (0.7%) in 2Q
Australia RBA Trimmed Mean CPI (QoQ) came in at 0.6% below forecasts (0.7%) in 2Q
Fxstreet
Wed, Jul 30
Australia Consumer Price Index (YoY) came in at 2.1%, below expectations (2.2%) in 2Q
Australia Consumer Price Index (YoY) came in at 2.1%, below expectations (2.2%) in 2Q
Fxstreet
Wed, Jul 30
New Zealand ANZ Business Confidence increased to 47.8 in July from previous 46.3
New Zealand ANZ Business Confidence increased to 47.8 in July from previous 46.3
Fxstreet
Wed, Jul 30
China's Finance Minister signals more proactive fiscal support amid rising uncertainty
China’s Finance Minister Lan Fo’an said on Tuesday that the country will ramp up fiscal support to bolster domestic consumption and mitigate mounting economic headwinds.
AUD/USD
Fxstreet
Wed, Jul 30
Mexico pulls in $12 billion to prop up indebted oil producer Pemex
MEXICO CITY, July 29 (Reuters) - Mexico placed $12 billion in a debt offering to support indebted state oil producer Petroleos Mexicanos (Pemex), the nation's finance ministry said on Tuesday.The offering came in the form of pre-capitalized securities, or P-Caps, the ministry said in a statement...
Reuters
Tue, Jul 29
Mexico pulls in $12 billion to prop up indebted oil producer Pemex
MEXICO CITY, July 29 (Reuters) - Mexico placed $12 billion in a debt offering to support indebted state oil producer Petroleos Mexicanos (Pemex), the nation's finance ministry said on Tuesday.The offering came in the form of pre-capitalized securities, or P-Caps, the ministry said in a statement...
Reuters
Tue, Jul 29
Chile central bank lowers interest rate to 4.75%
SANTIAGO, July 29 (Reuters) - Chile's central bank on Tuesday lowered its benchmark interest rate for the first time this year, to 4.75%, in a unanimous decision widely expected by markets. In its accompanying statement, the bank said future monetary policy movements would depend on the evolu...
Reuters
Tue, Jul 29
Chile central bank lowers interest rate to 4.75%
SANTIAGO, July 29 (Reuters) - Chile's central bank on Tuesday lowered its benchmark interest rate to 4.75% in a unanimous vote, in line with market expectations.The decision comes after four consecutive rate holds and as the monetary authority said the external scenario continues to be marked by...
Reuters
Tue, Jul 29
Ireland Consumer Confidence dipped from previous 62.5 to 59.1 in July
Ireland Consumer Confidence dipped from previous 62.5 to 59.1 in July
Fxstreet
Tue, Jul 29
TREASURIES-Prices rally after strong US 7-year note auction, ahead of Fed decision
Yields drop after weak job openings reportFed expected to maintain current interest ratesTreasury likely to maintain current auction sizesUS 10-year, 30-year yields fall to multi-week lowsStrong seven-year note auction pushes yields lowerBy Gertrude Chavez-Dreyfuss NEW YORK, July 29 (Reuters) - ...
Reuters
Tue, Jul 29
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