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Yen Survives 150 Test: BOJ’s Inflation Forecast Hike Sparks Rate Rise Speculation
TradingKey - In a move mirroring the U.S. Federal Reserve’s recent signal of policy divergence, the Bank of Japan (BOJ) delivered a surprisingly hawkish surprise on July 31, sending the yen sharply higher and pulling USD/JPY back from the critical 150 level.
TradingKey
Thu, Jul 31
South Korea automaker shares slip after US trade deal
Seoul, July 31 (Reuters) - Shares of South Korean automakers Hyundai Motor 005380.KS and Kia Corp 000270.KS fell on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, including autos, as part of a trade deal. While the agreement reduces aut...Reuters
Thu, Jul 31
Samsung says tariff agreement reduces uncertainty, expects boost from Tesla deal
Samsung expects more orders from big customers after Tesla dealSays Texas factory on track for production in 2026Q2 chip profit slumps 94% from a year earlierProvides no update to plan to supply latest AI chips to NvidiaForecasts robust AI-driven demand backed by investment by cloud service provider...Reuters
Thu, Jul 31
Arm Shares Plunge 8% After Hours — Profit Warning and Chipmaking Pivot Raise Concerns
TradingKey - Arm (ARM.US) delivered a mixed first-quarter earnings report for its fiscal Q1 2026, sending its stock down over 8% in after-hours trading. While revenue beat expectations, profit declined sharply, and weak guidance for the next quarter raised concerns about the company’s costly pivot
TradingKey
Thu, Jul 31
Taiwan cabinet: Taiwan-US tariff talks complete
TAIPEI, July 31 (Reuters) - Taiwan cabinet's on Thursday said Taiwan and the U.S. have completed talks on tariff technicalities and have reached consensus on issues including non-tariff trade barriers."Investment and purchase issues have also been discussed," said a spokesperson, adding ...Reuters
Thu, Jul 31
The Battle for a September Rate Cut Heats Up as Fed Consensus Frays
TradingKey - The Federal Reserve’s July 2025 policy meeting ended as expected — with no change to interest rates — but it marked a historic turning point in internal Fed consensus, shattering decades of unified messaging. While the FOMC statement leaned dovish, Chair Jerome Powell’s tone was notablyTradingKey
Thu, Jul 31
JGBs fall ahead of BOJ decision
By Junko Fujita TOKYO, July 31 (Reuters) - Japanese government bonds fell in early trading on Thursday as investors awaited the central bank's policy statement and accompanying quarterly outlook report to gauge the pace of potential interest rate hikes.The 10-year JGB yield JP10YTN=JBTC rose...Reuters
Thu, Jul 31
China's non-manufacturing activity grows at slower pace in July, PMI shows
BEIJING, July 31 (Reuters) - China's non-manufacturing activity expanded at a slower pace in July, an official survey showed on Thursday.The non-manufacturing purchasing managers' index (PMI), which includes services and construction, dropped to 50.1 from 50.5 in June, according to the Natio...Reuters
Thu, Jul 31
Trump plans to sign executive orders imposing higher tariffs on countries without deals, Politico reports
WASHINGTON, July 30 (Reuters) - President Donald Trump plans to sign new executive orders on Thursday imposing higher tariff rates on several countries that have been unable to reach negotiated trade deals with the United States, Politico reported, citing a White House official.Reuters
Thu, Jul 31
Aussie technology stocks hit record high on upbeat Microsoft, Meta results
** Australian technology stocks .AXIJ rise as much as 0.8% to 3,029.80, a record high** Shares of Microsoft MSFT.O and Meta Platforms META.O rose 9% and 11%, respectively, in extended trading after posting strong quarterly results ** ASX-listed shares of Life360 360.AX LIF.O rise over 2% to become tReuters
Thu, Jul 31
OpenAI hits $12 billion in annualized revenue, the Information reports
July 30 (Reuters) - ChatGPT-maker OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, the Information reported on Wednesday. Reuters could not immediately confirm the report.Reuters
Thu, Jul 31
Trump hits Brazil with tariffs, sanctions but key sectors excluded
Tariffs imposed over prosecution of BolsonaroOver half of Brazilian exports have 50% tariff from August 6Aircraft, energy and others on lower tariffBy Luciana Magalhaes and Lisandra Paraguassu SAO PAULO/BRASILIA, July 30 (Reuters) - U.S. President Donald Trump on Wednesday slapped a 50% tariff on...Reuters
Thu, Jul 31
Fed leaves rates steady despite Trump pressure, gives no hint of September cut
US central bank leaves policy rate in 4.25%-4.50% rangeTwo Fed governors dissent on policy decisionTrump has repeatedly demanded that Fed cut ratesBy Howard Schneider and Michael S. Derby WASHINGTON, July 30 (Reuters) - The U.S. central bank held interest rates steady on Wednesday and Federal ResReuters
Thu, Jul 31
Meta shares jump as AI fuels ad sales, outweighing big capital costs
Meta narrows annual capex forecast amid AI raceZuckerberg invests billions in AI data centers, Scale AI stakeShares rise 11.2% in extended tradingMeta's AI-driven ad tools boost revenue despite economic uncertainty By Echo Wang and Jaspreet Singh July 30 (Reuters) - Meta Platforms META.O ...
Reuters
Thu, Jul 31
Albemarle posts surprise second-quarter profit on lithium demand; shares surge
Albemarle beats Q2 revenue expectations, helped by volume growthLowers 2025 capital expenditure planExpects to generate positive free cash flow in 2025By Vallari Srivastava July 30 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium for rechargeable batteries, posted a surpr...Reuters
Wed, Jul 30
Qualcomm's premium smartphone chip reliance, Apple modem loss overshadow upbeat forecast
Company forecasts strong chip sales despite tariff concernsQualcomm's non-Apple chip revenue up over 15% this fiscal yearCompany's Q3 sales and profit beat analyst estimatesBy Stephen Nellis and Akash SriramJuly 30 (Reuters) - Qualcomm's QCOM.O reliance on high-end smartphone chip sales ...Reuters
Wed, Jul 30
Airbus faces engine delays but reaffirms jet delivery targets
Airbus says faces gaps in engine supply from Pratt & WhitneyDelay comes on top of gaps in supplies from engine maker CFM Airbus burns cash but posts higher profit in second quarterNow expects Spirit Aero deal to close in fourth quarterBy Tim Hepher PARIS, July 30 (Reuters) - European planemak...Reuters
Wed, Jul 30
