News
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CORRECTED-IMF lifts 2025 GDP emerging economies' outlook on improved China view
IMF raises emerging economies' 2025 GDP forecast to 4.1% from 3.7%China's 2025 GDP growth forecast increased to 4.8% due in part to tariff reductionsRussia and South Korea's GDP forecasts downgraded for 2025By Rodrigo Campos NEW YORK, July 29 (Reuters) - The International Monetary Fun...Reuters
Tue, Jul 29
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.3% lower at C$1.3777 to the greenback, or 72.58 U.S. cents, after trading in a range of 1.3732 to 1.378.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Tue, Jul 29
American Tower lifts 2025 property revenue forecast as wireless carriers vie for infrastructure
July 29 (Reuters) - Wireless infrastructure provider American Tower AMT.N raised its annual property revenue forecast on Tuesday, betting on healthy leasing activity by wireless carriers.Competition among wireless service providers has been rising as they rush to enhance capacity for 5G services, be...Reuters
Tue, Jul 29
FOREX-Euro hits one-month low after reality check on US-EU trade deal, markets await cenbank decisions
Euro struggles after 1.3% fall on MondayUS-EU trade deal criticised by some Eurozone leadersDollar buoyant, focus on Fed, BOJ nextBy Rae Wee and Lucy Raitano SINGAPORE & London, July 29 (Reuters) - The euro hit a one-month low against the dollar on Tuesday as investors sobered up to the fact ...Reuters
Tue, Jul 29
JPY quiet at range low ahead of BoJ later in week – Scotiabank
The Japanese Yen (JPY) is entering Tuesday’s NA session unchanged against the US Dollar (USD) as it consolidates its recent decline to the lower end of its multi-month range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Tue, Jul 29
CAD retains a soft undertone – Scotiabank
The Canadian Dollar (CAD) is little changed on the session but retains a soft undertone after spending most of the week so far on the back foot against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Tue, Jul 29
USD/JPY: 149.20 is unlikely to come under threat – UOB Group
US Dollar (USD) could advance further against Japanese Yen (JPY); the major resistance at 149.20 is unlikely to come under threat. In the longer run, price action indicates that USD could rise toward 149.20, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jul 29
NZD/USD might not be able to reach 0.5940 – UOB Group
New Zealand Dollar (NZD) could decline further against US Dollar (USD), but it might not be able to reach 0.5940. In the longer run, upward momentum has faded; tentative increase in downward momentum may lead to NZD declining to 0.5940, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Jul 29
USD/JPY pulls back from 148.75 highs with Fed and BoJ in the spotlight
The US Dollar is struggling to extend gains after a three-day rally against the Japanese Yen. The pair has been capped at 140.75 on Tuesday, a few pips short of the multi-month highs, at 149.15, as investors turn their view to the BoJ and the Fed monetary policy decisions, due on Wednesday.Fxstreet
Tue, Jul 29
Pound at 10-week low against dollar after US-EU trade deal
By Lucy Raitano LONDON, July 29 (Reuters) - The pound fell to a 10-week low against a stronger dollar on Tuesday, while staying just off a two-year low against the euro, as markets continue to digest the announcement of the trade deal between the European Union and the United States.The pound was...Reuters
Tue, Jul 29
Neogen Q4 revenue misses analyst expectations
OverviewNeogen Q4 revenue falls 4.8% yr/yr to $225.5 mln, impacted by market conditionsNet loss of $612.2 mln due to non-cash goodwill impairment from 3M acquisitionAdjusted EPS of $0.05 misses analyst expectations, per LSEG dataOutlookNeogen sees fiscal 2026 revenue between $820 mln and $840 mlnCom...Reuters
Tue, Jul 29
Russian rouble declines further vs dollar on Trump's new Ukraine deadline
MOSCOW, July 29 (Reuters) - Russia's rouble fell further against the dollar and China's yuan on Tuesday, reacting to U.S. President Donald Trump's setting of a new, shorter deadline for Moscow to agree an end to the war in Ukraine. The rouble was down 1.1% as of 1020 GMT at 82.25 to...Reuters
Tue, Jul 29
COLUMN-Dollar shedding its tariff risk premium: Mike Dolan
By Mike Dolan LONDON, July 29 (Reuters) - The dollar's surge since the U.S.-European Union trade deal seems a little counterintuitive at first glance, but the rally suggests the greenback may be shedding its elevated trade risk premium - whether Washington wants that or not.The weekend's ...Reuters
Tue, Jul 29
