News
Important Only
USD/CNH: A clear break below 7.1700 is unlikely – UOB Group
There is a chance for US Dollar (USD) to test 7.1700; a clear break below this level is unlikely. In the longer run, downward momentum is building; for a continued decline, USD must first close below 7.1700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Aug 14
Bridgemarq Real Estate Services' Q2 revenue falls to C$108 mln, reports net loss
OverviewBridgemarq Q2 revenue declines to C$108 mln from C$110.5 mln last yearCompany reports net loss of C$5.4 mln due to Exchangeable Units valuationAdjusted net earnings dip to C$2.2 mln amid higher operating costsOutlookCompany cites economic uncertainty impacting real estate market activityBrid...Reuters
Thu, Aug 14
BoJ rate hike speculation around the turn of the year remains in place – Rabobank
The Trump Administration clearly does not adhere to the established set of norms on many fronts. Yesterday, US Treasury Secretary Bessent not only stated his view that Fed rates should be significantly lower, but he also had advice for the BoJ, Rabobank's FX analyst Jane Foley reports.
Fxstreet
Thu, Aug 14
Ryanair says summer bookings remain strong, fares holding up
Bookings about 1% ahead of same point last year, CEO saysPraises Boeing for agreeing some deliveries ahead of scheduleAnnounces doubling of capacity at Tirana airport in AlbaniaTo increase capacity serving Sweden by 25% for this winter By Fatos Bytyci TIRANA, Aug 14 (Reuters) - Ryanair RYA.I is s...Reuters
Thu, Aug 14
Euro zone bond yields dip after Bessent fuels speculation over large Fed cut
By Samuel Indyk LONDON, Aug 14 (Reuters) - Euro zone bond yields fell slightly on Thursday, extending a drop from Wednesday as investors priced in more easing from the U.S. Federal Reserve after Treasury Secretary Scott Bessent urged the central bank to opt for a large interest rate cut. In an in...Reuters
Thu, Aug 14
China's JD.com tops quarterly revenue estimates
Aug 14 (Reuters) - Chinese e-commerce giant JD.com 9618.HK, JD.O beat market estimates for quarterly revenue on Thursday, signaling resilient consumer spending on its platform fueled by price cuts and government subsidies.Total revenue rose 22.4% to 356.66 billion yuan ($49.73 billion) during the se...Reuters
Thu, Aug 14
India trade deficit in July widens to $27.35 billion
NEW DELHI, Aug 14 (Reuters) - India's merchandise trade deficit INTRD=ECI in July stood at $27.35 billion, according to a Reuters calculations based on export and import data released by the government on Thursday.Economists had expected the July trade deficit to be $20.35 billion, per a Reuters...Reuters
Thu, Aug 14
Euro zone industry shrinks more than feared in June but GDP holds up
FRANKFURT, Aug 14 (Reuters) - Euro zone industrial output dipped more than expected in June even as overall economic growth held up in the second quarter, challenging views that the 20 nation currency union remains resilient to the fallout from a global trade war. Industrial output fell 1.3% on the ...Reuters
Thu, Aug 14
Euro zone bond yields hold after Bessent fuels speculation over large Fed cut
LONDON, Aug 14 (Reuters) - Euro zone bond yields were steady on Thursday having fallen the day before as investors priced in more easing from the U.S. Federal Reserve after Treasury Secretary Scott Bessent called on the central bank to opt for a large interest rate cut. In an interview on Bloomberg ...Reuters
Thu, Aug 14
