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RBA’s Hauser: Enormous amount of uncertainty in global economy
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said early Wednesday that there is an enormous amount of uncertainty in the global economy.
Fxstreet
Tue, Jul 8
Japan Money Supply M2+CD (YoY) climbed from previous 0.6% to 0.9% in June
Japan Money Supply M2+CD (YoY) climbed from previous 0.6% to 0.9% in June
Fxstreet
Tue, Jul 8
Citigroup to add over 500 jobs in Charlotte, North Carolina governor says
July 8 (Reuters) - Citigroup C.N plans to create 510 new jobs in Charlotte, Josh Stein, governor of North Carolina said on Tuesday.The bank will invest $16.1 million in an office facility in Mecklenburg County, expanding its workforce in personal banking, finance and marketing, the governor added.Bl...
Reuters
Tue, Jul 8
RBNZ expected to keep interest rate on hold after six consecutive cuts
The Reserve Bank of New Zealand (RBNZ) is expected to keep the Official Cash Rate (OCR) steady at 3.25% following the conclusion of its July monetary policy meeting on Wednesday.
NZD/USD
Fxstreet
Tue, Jul 8
POLL-Mexico headline inflation seen easing in June with core rate climbing
BUENOS AIRES/MEXICO CITY, July 8 (Reuters) - Mexican headline inflation likely eased in June after rising for four straight months, though core inflation is expected to have kept climbing, fueling bets the central bank will slow the pace of interest rate cuts, a Reuters poll showed on Tuesday.The me...
Reuters
Tue, Jul 8
Trump says South Korea should be paying for its own defense
By Andrea Shalal and David Brunnstrom WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday South Korea should be paying for its own military protection and suggested the U.S. ally needed to pay more for the U.S. troop presence there, a day after saying he planned to impose a...
Reuters
Tue, Jul 8
US Commerce Secretary Lutnick: 15-20 letters expected, copper tariffs by August
US Commerce Secretary Howard Lutnick revealed that another 15 to 20 letters are expected to be announced in the next two days, he said in a CNBC interview.
Fxstreet
Tue, Jul 8
United States Consumer Credit Change below forecasts ($11B) in May: Actual ($5.1B)
United States Consumer Credit Change below forecasts ($11B) in May: Actual ($5.1B)
Fxstreet
Tue, Jul 8
Argentina Industrial Output n.s.a (YoY) down to 5.8% in May from previous 8.5%
Argentina Industrial Output n.s.a (YoY) down to 5.8% in May from previous 8.5%
Fxstreet
Tue, Jul 8
United States 3-Year Note Auction down to 3.891% from previous 3.972%
United States 3-Year Note Auction down to 3.891% from previous 3.972%
Fxstreet
Tue, Jul 8
Consumer agency sidelines top fair lending official, sources say
By Douglas Gillison and Chris Prentice WASHINGTON/NEW YORK, July 8 (Reuters) - The top official overseeing fair lending at the U.S. Consumer Financial Protection Bureau was placed on administrative leave, according to two people familiar with the matter, sidelining another senior figure at a watc...
Reuters
Tue, Jul 8
President Trump could send letter to EU in two days
President Donald Trump announced on Tuesday that the BRICS group's countries would soon be subject to a 10% tariff rate.
Fxstreet
Tue, Jul 8
US Treasury cash balance to hit $500 billion by end-July after debt ceiling rise
By Gertrude Chavez-DreyfussNEW YORK, July 8 (Reuters) - The U.S. Treasury said on Tuesday it will build its cash balance to $500 billion by the end of July following the increase in the debt ceiling by $5 trillion with the signing into law of President Donald Trump's tax and spending bill.The de...
Reuters
Tue, Jul 8
US consumers happier about finances, expect stable inflation, New York Fed says
NY Fed finds stability in expected inflation in JuneSurvey finds views on personal finances improved in JunePublic still expects key commodities to increase in price By Michael S. Derby NEW YORK, July 8 (Reuters) - Americans' outlook on inflation was little changed last month as household...
Reuters
Tue, Jul 8
US sees $100 billion in tariffs so far in 2025, Treasury chief says
WASHINGTON, July 8 (Reuters) - Treasury Secretary Scott Bessent on Tuesday said the U.S. received about $100 billion in tariff income so far this year, which could increase to $300 billion by the end of 2025.
Reuters
Tue, Jul 8
Brazil's retail sales miss forecasts, fall for second straight month
SAO PAULO, July 8 (Reuters) - Retail sales volumes in Brazil fell unexpectedly in May from the previous month, data from statistics agency IBGE showed on Tuesday, corroborating views of an economic slowdown after industrial production also slipped in the period.Sales in Latin America's largest e...
Reuters
Tue, Jul 8
United States 52-Week Bill Auction: 3.925% vs previous 3.94%
United States 52-Week Bill Auction: 3.925% vs previous 3.94%
Fxstreet
Tue, Jul 8
REFILE-US Treasury cash balance to reach $500 bln by end-July after debt ceiling increase
NEW YORK, July 8 (Reuters) - The U.S. Treasury said on Tuesday it will build its cash balance to $500 billion by the end of July following the increase in the debt ceiling by $5 trillion with the signing into law of President Donald Trump's tax and spending bill.The Treasury's cash balance h...
Reuters
Tue, Jul 8
NY Fed: Year-ahead expected inflation falls to 3% in June from 3.2% in May
The Federal Reserve (Fed) Bank of New York noted in its latest Survey of Consumer Expectations that the year-ahead inflation expectation stood at 3% in June, down from 3.2% in May.
Fxstreet
Tue, Jul 8
FACTBOX-Trump tariff talks: the state of play with top trading partners
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump has ramped up his trade war this week, threatening sharply higher tariffs on 14 countries starting August 1 as his administration aims to finalize agreements with others.Despite promises to work on 90 deals in 90 days, Trump and his team hav...
Reuters
Tue, Jul 8
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