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China: Fiscal room remains sizeable in H2 – Standard Chartered
Fiscal measures were front-loaded, contributing to higher-than-expected GDP growth in H1. If broad budget is fully implemented, fiscal impulse would be 1.2% of GDP in H2, reducing downside risk. Broad spending can maintain the H1 pace under prudent assumptions of tax and land sale revenues.Fxstreet
Tue, Jul 29
US travel bookings rebound for August, boosting companies' revenue outlook
Wyndham and Southwest await full domestic demand recoveryUnited and Hilton note improvement in business bookingsAirlines have had to offer sales to fill economy seats By Doyinsola Oladipo NEW YORK, July 29 - U.S. travel companies including air carriers United Airlines UAL.O and Southwest Airlines...Reuters
Tue, Jul 29
U.S. tariffs to slow Czech GDP by 0.2 p.p. in 2025, 0.4 p.p. in 2026 - ministry
PRAGUE, July 29 (Reuters) - U.S. tariffs will slow Czech economic growth by 0.2 percentage points for the remainder of the year and by 0.39 percentage points in 2026, the Czech finance ministry said on Tuesday, referring to preliminary estimates. The negative effect of the tariffs may be offset by o...Reuters
Tue, Jul 29
Japan says US trade deal eases tariff uncertainties, but risks remain
TOKYO, July 29 (Reuters) - Japan said on Tuesday the trade agreement it struck with the U.S. cleared uncertainties on U.S. trade policies but continued attention needs to be given to risks of those policies putting downward pressure on the Japanese economy. Tokyo clinched a trade deal with Washingto...Reuters
Tue, Jul 29
US JOLTS Job Openings expected to decline in June
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of Job Openings in June, alongside the number of layoffs and quits.Fxstreet
Tue, Jul 29
China's soymeal glut raises demand doubts ahead of US soybean export season
Inventory buildup triggers fears of crushing plant shutdownsSurplus may weaken China's soybean demand in Q4 U.S. peak seasonRecent Argentine soymeal buys likely to add to supply glutBy Ella Cao and Naveen Thukral BEIJING/SINGAPORE, July 29 (Reuters) - China's appetite for soybeans is like...Reuters
Tue, Jul 29
USD/CNH holds steady around 7.1800 as US-China negotiations enter second day
USD/CNH inches lower after registering gains in the previous three sessions, trading around 7.1790 during the Asian hours on Tuesday. The offshore Chinese Yuan (CNH) holds ground against the US Dollar (USD) ahead of the United States (US)-China negotiations entering the second day.
Fxstreet
Tue, Jul 29
