News
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German economy shrank 0.3% in second quarter as US tariffs slowed exports
German GDP contracts 0.3% in Q2, revised from 0.1%US demand slowed after strong Q1 in anticipation of tariffsIndustrial production performed worse than initially assumedBy Maria Martinez BERLIN, Aug 22 (Reuters) - Germany's economy shrank by 0.3% in the second quarter compared with the first ...Reuters
Fri, Aug 22
Japan's 30-year yields hit all-time high ahead of Powell speech
By Kevin Buckland TOKYO, Aug 22 (Reuters) - Japanese 30-year government bond yields climbed to a fresh all-time peak on Friday, tracking a rise in U.S. Treasury yields as investors braced for a speech by Federal Reserve Chair Jerome Powell at the U.S. central bank's Jackson Hole symposium.The...Reuters
Fri, Aug 22
China's imports of US rare earth ore surge in July
By Amy Lv and Ernest Scheyder BEIJING/HOUSTON Aug 22 (Reuters) - The sharp jump in China's imports of rare earth ore from the United States in July was probably the final customs accounting of shipments from U.S. supplier MP Materials MP.N.Data on Wednesday from the General Administration of ...Reuters
Fri, Aug 22
CORRECTED-Japan's 10-year yields hit 17-year peak ahead of Powell speech
By Kevin Buckland TOKYO, Aug 22 (Reuters) - Japanese 10-year government bond yields climbed to a fresh 17-year peak on Friday, tracking a rise in U.S. Treasury yields as investors braced for a speech by Federal Reserve Chair Jerome Powell at the U.S. central bank's Jackson Hole symposium.The ...Reuters
Fri, Aug 22
PRESS DIGEST - Wall Street Journal - Aug 22
Aug 22 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Australia’s buy-now-pay-later provider Zip ZIP.AX eyes U.S. listing is response to interest from large U.S. investors seeking greater exposu...Reuters
Fri, Aug 22
US Dollar Index rises to near 99.00 on fading Fed rate cut odds, Powell’s speech awaited
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive session and trading around 98.80 during the Asian hours on Friday.Fxstreet
Fri, Aug 22
J&J to invest $2 billion to boost US manufacturing as drug tariffs loom
Aug 21 (Reuters) - Johnson & Johnson JNJ.N said on Thursday it would invest $2 billion in North Carolina as it aims to expand its U.S. manufacturing presence amid looming drug import duties proposed by President Donald Trump's administration.Major drugmakers, including Eli Lilly LLY.N and As...Reuters
Fri, Aug 22
USD/CAD hits fresh three-month highs above 1.3900, focus on Fed Powell’s speech
USD/CAD remains stronger for the fourth successive session, reaching a three-month high at 1.3915 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) gains ground amid easing odds of a Federal Reserve (Fed) interest rate cut in September.
Fxstreet
Fri, Aug 22
Japan's core inflation slows in July, stays above BOJ target
July nationwide core CPI +3.1% yr/yr, versus +3.0 forecastIndex excluding fresh food, fuel rises 3.4% yr/yr in JulySolid GDP data, trade deal bolstering the case for rate hikesPoll shows nearly two-thirds of economists expect Q4 rate hikeBy Makiko Yamazaki TOKYO, Aug 22 (Reuters) - Japan's co...Reuters
Fri, Aug 22
Japan's 10-year yields hit 17-year peak ahead of Powell speech
TOKYO, Aug 22 (Reuters) - Japanese 10-year government bond yields rose to a fresh 17-year peak on Friday, tracking a rise in U.S. Treasury yields as investors braced for a speech by Federal Reserve Chair Jerome Powell at the U.S. central bank's Jackson Hole symposium.Reuters
Fri, Aug 22
