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"Economic Heart Attack" Imminent: Dalio Warns US Has 3 Years to Curb Deficits or Face Catastrophe
TradingKey - On July 24, Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, issued an urgent warning via social platform X: "If the U.S. does not immediately act to reduce its fiscal deficit, it could face a systemic crisis akin to an 'economic heart attack' within three yeTradingKey
Fri, Jul 25
GBP/JPY falls below 198.50 as UK Retail Sales rise below market expectations
GBP/JPY continues to lose ground for the second successive day, trading around 198.30 during the Asian hours on Friday. The currency cross depreciates as the Pound Sterling (GBP) struggles following the key economic data from the United Kingdom (UK).
Fxstreet
Fri, Jul 25
UK Retail Sales rebound 0.9% MoM in June vs. 1.2% expected
The United Kingdom (UK) Retail Sales jumped 0.9% month-over-month (MoM) in June after declining 2.8% in May (revised from -2.7%), according to the latest data published by the Office for National Statistics (ONS) on Friday.
Fxstreet
Fri, Jul 25
Japan says profits from US investments in trade deal to be shared according to contributions
By Makiko Yamazaki and Tamiyuki Kihara TOKYO, July 25 (Reuters) - Japan's government said on Friday that profits from a $550 billion investment package agreed in this week's tariff deal with the U.S. would be split between Japan and the U.S. according to the degree of contributions by ea...Reuters
Fri, Jul 25
Japan says profits from US investments in trade deal to be shared according to contributions
TOKYO, July 25 (Reuters) - Japan's government said on Friday that profits from a $550 billion investment package agreed in this week's tariff deal with the U.S. would be split between Japan and the U.S. according to the degree of contributions by each side.The comment from a Japanese governm...Reuters
Fri, Jul 25
EUR/JPY holds gains above 173.00 following Tokyo CPI data
EUR/JPY extends its winning streak for the seventh successive session, trading around 173.10 during the Asian hours on Friday. The currency cross appreciates as the Japanese Yen (JPY) faces challenges following the release of Tokyo Consumer Price Index (CPI) data.
Fxstreet
Fri, Jul 25
