News
Important Only
China: Q2 GDP growth likely stayed above 5% – Standard Chartered
Q2 growth to have moderated to 5.1% y/y (4.7% prior), eased below 1% on a q/q basis. Official PMI survey suggests demand improved m/m in June, supporting production activity. Front-loading activity likely supported export growth; higher oil prices may have lifted import growth.Fxstreet
Thu, Jul 3
Euro zone bonds steady, traders' eyes on U.S. and Britain
LONDON, July 3 (Reuters) - Euro zone government bond yields held steady in early trading on Thursday with the focus on events outside the currency bloc, particularly U.S. jobs data due later in the day, and the British gilt market after Wednesday's sharp selloff there.Germany's 10-year bond ...Reuters
Thu, Jul 3
Swiss inflation returns to positive territory in June
ZURICH, July 3 (Reuters) - Swiss inflation returned to positive territory in June, government data said on Thursday, easing concerns the country could enter a phase of deflation.Consumer prices rose by 0.1% in June compared with a year earlier, according to figures from the Federal Statistics Office...Reuters
Thu, Jul 3
BoJ's Takata: Japan is close to achieving price target but hasn't fully achieved it yet
Bank of Japan (BoJ) Board Member Hajime Takata said on Thursday that Japan is close to achieving BoJ's price target but hasn't fully achieved it yet, so it needs to maintain an accommodative monetary policy.Fxstreet
Thu, Jul 3
NZD/USD holds below 0.6100 as China's services sector grows less than expected in June
The NZD/USD pair loses traction to near 0.6080 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after the disappointing Chinese economic data. The US Nonfarm Payrolls (NFP) data for June will be the highlight later on Friday.
Fxstreet
Thu, Jul 3
BoJ's Takata: Central bank is currently only pausing its policy rate hike cycle
Bank of Japan (BoJ) Board Member Hajime Takata said on Thursday that the Japanese central bank is currently only pausing its policy rate hike cycle and it should continue to make a ‘gear shift’ after a certain period of ‘wait and see.’Fxstreet
Thu, Jul 3
