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USD/CNH: Any advance is likely part of a higher range of 7.1720/7.1920 – UOB Group
US Dollar (USD) may edge higher against Chinese Yuan (CNH), but any advance is likely part of a higher range of 7.1720/7.1920. In the longer run, USD is expected to trade in a range between 7.1550 and 7.1920, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jul 16
Euro zone bond yields steady as markets assess US, UK inflation data
Euro zone bond yield edge lowerMarkets digest US CPI, await PPIUK gilts rise after hot inflation printFocus on Trump tariff threatsBy Lucy Raitano LONDON, July 16 (Reuters) - Euro zone government bond yields edged slightly lower on Wednesday, as markets assessed U.S. inflation figures released Tu...Reuters
Wed, Jul 16
Is the U.S. June CPI Report Less Optimistic Than It Appears? Wall Street Warns: Soft Demand Masks Tariff Impact
TradingKey - The U.S. June CPI report, released on Tuesday, July 15, showed a moderate rise in inflation, broadly in line with expectations. While the headline figures appear stable, underlying details suggest that Trump’s tariff-driven inflation is starting to show — but is being partially maskedTradingKey
Wed, Jul 16
US tariffs of 30% would dent, not stop, German growth, says IMK
BERLIN, July 16 (Reuters) - U.S. tariffs of 30% on imports from the EU, planned by President Donald Trump, could cost the German economy about a quarter of a percentage point in growth this year and next compared with current forecasts, the IMK institute said on Wednesday.Trump has said he will impo...Reuters
Wed, Jul 16
China's GAC to launch UK car sales with two Aion brand EVs
By Nick Carey LONDON, July 16 (Reuters) - Jameel Motors has signed a deal to distribute Guangzhou Automobile Group's (GAC) 601238.SS vehicles in Britain, the two companies said on Wednesday, making GAC the fourth Chinese automaker to launch a new brand in Europe's second-largest car marke...Reuters
Wed, Jul 16
USD/IDR holds gains near 16,300 as Bank Indonesia delivers a quarter basis point rate cut
USD/IDR extends its winning streak for the third successive session, trading around 16,300 during the European hours on Wednesday. The pair holds gains following the Bank Indonesia (BI) interest rate decision.Fxstreet
Wed, Jul 16
