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Indonesian Rupiah gains as S&P’s stable ‘BBB’ rating boosts investor confidence
USD/IDR depreciates after registering gains in the previous day, trading around 18,140 during the Asian hours on Tuesday. The Indonesian Rupiah (IDR) stabilizes against the US Dollar (USD), buoyed by a rally in domestic equities.Fxstreet
Tue, Jul 14
China’s June Trade Balance: Surplus widens sharply amid strong exports
China's Trade Balance for June, in Chinese Yuan (CNY) terms, arrived at CNY859.05 billion, widen from the previous figure of CNY723.98 billion.Exports surge 20.8% year-over-year (YoY) in June from a 13.8% increase seen in May.Fxstreet
Tue, Jul 14
US CENTCOM says US forces complete new strikes on Iranian military targets
The United States Central Command (CENTCOM) said on Tuesday that US forces complete new strikes on Iranian military targets, adding that more than 50,000 US service members are currently deployed across the Middle East, Reuters reported.
Fxstreet
Tue, Jul 14
WTI spikes amid escalating Middle East Tensions
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $79.60 per barrel during the Asian hours on Tuesday. Crude oil prices rise due to mounting supply anxieties following a sharp escalation of geopolitical hostilities in the Middle East.
Malaysian Ringgit: Johor result keeps policy continuity – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that Barisan Nasional’s strong win in Johor reinforces UMNO’s political momentum but leaves federal policy continuity intact, limiting immediate implications for the Malaysian Ringgit (MYR).
Fxstreet
Mon, Jul 13
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