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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
China's services activity growth hits 9-month low in June, shows Caixin PMI
Expansion in both supply and demand moderated in JuneNew export orders declined at fastest pace since December 2022 Service providers remained cautious on hiringBy Liangping Gao and Ryan Woo BEIJING, July 3 (Reuters) - China's services activity expanded at the slowest pace in nine months in J...Reuters
Thu, Jul 3
Australia’s Trade Surplus narrows to 2,238M MoM in May vs. 5,091M expected
Australia’s Trade Surplus narrowed to 2,238M MoM in May versus 5,091M expected and 4,859M (revised from 5,431M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.Fxstreet
Thu, Jul 3
