News
Important Only
Japan's factory activity slips into contraction in July, PMI shows
TOKYO, July 24 (Reuters) - Japan's manufacturing activity slipped into contraction in July, weighed down by uncertainties over U.S. tariffs, a private-sector survey showed on Thursday.At the same time, Japan's service sector continued to outshine the struggling manufacturing industry, with a...Reuters
Thu, Jul 24
US Treasury Sec. Bessent says new Fed Chair nominee is likely to be announced in December or January
US Treasury Secretary Scott Bessent said on Thursday that the announcement of a new Federal Reserve (Fed) Chair nominee is expected to occur in December or January next year, per Bloomberg.Fxstreet
Thu, Jul 24
Australia's Judo Bank Manufacturing PMI improves to 51.6 in July, Services PMI rises to 53.8
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) came in at 51.6 in July versus 50.6 prior, the latest data published by Judo Bank and S&P Global showed on Thursday.
Fxstreet
Wed, Jul 23
Bessent says Fed forecasts 'politically biased'
Fed says politics plays no part in its decisionsBessent's charge of a political Fed echoes Trump'sTrump wants Fed to cut ratesWASHINGTON, July 23 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday suggested without evidence that the Federal Reserve's widely followed economic ...Reuters
Wed, Jul 23
REFILE-FACTBOX-The five female Fed presidents who may have been on Bessent's mind
July 23 (Reuters) - One of the Federal Reserve's five female regional bank presidents could replace U.S. central bank chief Jerome Powell, Treasury Secretary Scott Bessent said on Tuesday - an intriguing comment given that none of the 12 Fed regional bank presidents have signaled they are on...Reuters
Wed, Jul 23
WRAPUP 2-US, EU trade talks bolstered by Trump's agreement with Japan
White House quiet on report of possible EU dealEU plans 93 billion euros in counter-tariffs if no deal reachedTrump seeks more trade deals before next week's deadlineUS Treasury cites Japan's unique financing for lower auto tariffsUS, China trade negotiators to speak next week By Philip Blen...Reuters
Wed, Jul 23
US-Japan trade agreement pose accidental threat to US auto sector
United States (US) President Donald Trump is racing to secure preliminary trade deals ahead of his own self-imposed tariff deadline of August 1, following a self-imposed delay of President Trump’s “liberation day” tariffs that were initially announced in early April.Fxstreet
Wed, Jul 23
TREASURIES-Trade deal optimism spurs risk-on move, pressuring US bonds
Investors sell bonds as trade deals boost stock marketsPolitical, fiscal risks in Japan weigh on US bond pricesTreasury 20-year auction meets solid demand By Davide Barbuscia NEW YORK, July 23 (Reuters) - U.S. Treasury prices declined on Wednesday as a U.S. trade deal with Japan and a potential d...Reuters
Wed, Jul 23
Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU
July 23 (Reuters) - An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, though many specifics of the agreement remain unclear.Reuters
Wed, Jul 23
Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU
July 23 (Reuters) - An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, though many specifics of the agreement remain unclear....Reuters
Wed, Jul 23
Kazakh Black Sea oil exports halted by new Russian regulations, sources say
CPC's shareholders include US majors Chevron and ExxonMobilMore than 2% of global oil supply could be disruptedCPC's operations have been disrupted over the yearRestrictions follow contamination scare over Azeri BTC oil MOSCOW, July 23 (Reuters) - Foreign oil tankers are being temporarily...Reuters
Wed, Jul 23
