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BoJ will likely revise 2026 GDP forecast higher in Q2 report
According to sources, the Bank of Japan (BoJ) may revise up the fiscal 2026 economic growth forecast in the quarterly report due in July. The BoJ is expected to report that it will keep focus on the risk of inflation overshooting the central bank’s target, Reuters reports.
Fxstreet
Fri, Jul 10
Greece Industrial Production (YoY) increased to 3.9% in May from previous 2.1%
Greece Industrial Production (YoY) increased to 3.9% in May from previous 2.1%
Fxstreet
Fri, Jul 10
Federal Reserve: No near-term hikes signalled – Commerzbank
Commerzbank’s Dr. Christoph Balz and Bernd Weidensteiner interpret recent data and Fed communications as pointing to stable policy rates in coming months.
Fxstreet
Fri, Jul 10
Equities: Risk of renewed rates volatility – BNY
BNY strategist David Tam warns that a renewed rise in rates volatility, as measured by the MOVE Index, could pressure U.S. equities, particularly technology and growth segments. He says investors may need to reduce equity exposure, shorten portfolio equity duration and favor defensive sectors.
Fxstreet
Fri, Jul 10
Italy Industrial Output s.a. (MoM) below forecasts (-0.2%) in May: Actual (-0.3%)
Italy Industrial Output s.a. (MoM) below forecasts (-0.2%) in May: Actual (-0.3%)
Fxstreet
Fri, Jul 10
Italy Industrial Output w.d.a (YoY) below forecasts (1.3%) in May: Actual (1.1%)
Italy Industrial Output w.d.a (YoY) below forecasts (1.3%) in May: Actual (1.1%)
Fxstreet
Fri, Jul 10
Japan’s Kihara says that specifics of monetary policy to be left to BoJ
Japan’s Chief Cabinet Secretary Minoru Kihara said during the European trading session on Friday that the specifics of monetary policy to be left to the Bank of Japan (BoJ).
Fxstreet
Fri, Jul 10
US Dollar: AI-driven imports reshape trade – Commerzbank
Commerzbank’s Volkmar Baur says AI-related capital-goods imports are structurally widening the US trade deficit. Strong foreign demand currently helps finance the gap, but weaker confidence in the United States (US) AI (Artificial intelligence) investment story could create risks for the Dollar.
US Dollar Index
Fxstreet
Fri, Jul 10
Austria Industrial Production (YoY) climbed from previous 0.6% to 0.7% in May
Austria Industrial Production (YoY) climbed from previous 0.6% to 0.7% in May
Fxstreet
Fri, Jul 10
Equities: Tech and chips drive relief rally – Deutsche Bank
Deutsche Bank strategists say a strong semiconductor rally and lower oil prices helped lift global equities. The S&P 500 rebounded as investors rotated from defensive sectors into growth and cyclical stocks, while gains in Micron and SK Hynix reinforced confidence in the AI investment cycle.
Fxstreet
Fri, Jul 10
France Inflation ex-tobacco (MoM) dipped from previous 0.1% to -0.3% in June
France Inflation ex-tobacco (MoM) dipped from previous 0.1% to -0.3% in June
Fxstreet
Fri, Jul 10
Indian Rupee: Inflation uptick with monsoon support – DBS
DBS economist Radhika Rao expects India’s June CPI inflation to edge up to 4.1% YoY from 3.9%, driven by food normalisation and fuel-cost pass-through.
Fxstreet
Fri, Jul 10
Polish Zloty: Dovish Glapinski undercuts support – Commerzbank
Commerzbank’s Tatha Ghose reports that the National Bank of Poland kept rates at 3.75% and a neutral stance, but Governor Adam Glapinski’s press conference was markedly dovish.
EUR/PLN
Fxstreet
Fri, Jul 10
Indian Rupee gains further as US Dollar extends decline
The Indian Rupee (INR) extends Thursday’s recovery against the US Dollar (USD) in the opening session on Friday. The USD/INR pair falls further to near 95.22 as the US Dollar weakens as the restart of the war in the Middle East between the United States (US) and Iran won’t be prolonged.
Brent
US Dollar Index
Fxstreet
Fri, Jul 10
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Gold
Fxstreet
Fri, Jul 10
Netherlands, The Manufacturing Output (MoM) dipped from previous 1.4% to 0.1% in May
Netherlands, The Manufacturing Output (MoM) dipped from previous 1.4% to 0.1% in May
Fxstreet
Fri, Jul 10
Australian Dollar edges higher to near 0.6950 on RBA hawkish rhetoric
The AUD/USD pair attracts some buyers to near 0.6950 during the Asian trading hours on Friday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) on hawkish rhetoric from the Reserve Bank of Australia (RBA).
AUD/USD
Fxstreet
Fri, Jul 10
Japan’s Katayama: Crucial that government position secures market confidence
Japan’s Finance Minister Satsuki Katayama said on Friday that the government will closely tracking economic indicator and market conditions.
Fxstreet
Fri, Jul 10
Japan’s Kiuchi: Government consistently signals policy commitment to fiscal sustainability
Japan's Economy Minister Minoru Kiuchi said on Friday that the government consistently signals policy commitment to fiscal sustainability. Kiuchi added that there’s no shift in government stance, and monetary policy tools remain the Bank of Japan’s (BOJ) decision.
Fxstreet
Fri, Jul 10
Japan Producer Price Index (YoY) came in at 7.1%, above expectations (6.8%) in June
Japan Producer Price Index (YoY) came in at 7.1%, above expectations (6.8%) in June
USD/JPY
Fxstreet
Thu, Jul 9
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Dow Surges 1,500 Points as Midterm Elections Ease Uncertainty; Tech Stocks Lead Gains, Memory Shares Sold Off; Amazon Rises 6%
US Stocks Tumble as Nasdaq Drops Over 4%; Micron Plunges Over 12% on Fears Slowing AI Data Center Expansion Will Dent Infrastructure Demand
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