News
Important Only
Schindler's sales hit by strong Swiss franc, but beat expectations
Q2 revenue falls 5.7%, but beats consensusFlags currency exchange hit of CHF 186 million on H1 salesNo change yet in customer behaviour amid trade war, CEO saysBy Ozan Ergenay and Cian Muenster July 18 (Reuters) - Swiss lift maker Schindler SCHP.S reported a nearly 6% drop in its second-quarter ...Reuters
Fri, Jul 18
Italy at G7 warns about risks of trade tensions, dollar weakening
ROME, July 18 (Reuters) - Italy is concerned about trade tensions triggered by the threat of U.S. tariffs, and about the devaluation of the dollar, its economy minister told his international partners on Friday at a meeting of G7 finance chiefs in Durban, South Africa."We are concerned about the...Reuters
Fri, Jul 18
RPT-ANALYSIS-Institutional investors warm to crypto but demand still nascent
Bitcoin price hit new record this weekLimited data, opaque wallets make it hard to pinpoint buyersInstitutional interest growing but still smallUS policy embrace growing in pivotal 'crypto week'By Suzanne McGee, Niket Nishant and Manya Saini NEW YORK, July 17 (Reuters) - Bitcoin's su...Reuters
Fri, Jul 18
EMERGING MARKETS-FX steady, stocks set for weekly gains on global trade optimism
Moody's to review Czech Republic ratingsRomania awaits central bank minutesAsian stocks gain, led by Taiwan's TSMC after record profitMSCI EM FX set for second weekly loss By Ragini Mathur and Purvi Agarwal July 18 (Reuters) - Most emerging market currencies were steady on Friday while eq...Reuters
Fri, Jul 18
FOREX-Japanese yen on back foot ahead of Sunday election, US dollar stays strong
Yen could weaken through 150 a dollar if ruling party loses election, analyst says Dollar index rises after strong retail sales dataUS currency still faces pressure from Trump attacks on Fed chiefBy Kevin Buckland TOKYO, July 18 (Reuters) - The yen softened on Friday heading into Sunday's upp...Reuters
Fri, Jul 18
Pound Sterling set for third straight week of losses amid growing UK labor market concerns
The Pound Sterling (GBP) ticks up slightly on Friday, but remains near an over two-month low around 1.3375 during the European trading session The outlook of the GBP/USD pair, which is set to close in the red for a third consecutive week, remains vulnerable due to growing concerns about the United KFxstreet
Fri, Jul 18
GBP/JPY hits fresh YTD highs above 199.85 amid generalised Yen weakness
The Pound is keeps marching higher for the second consecutive day as the Japanese Yen struggles, hammered by a mix of lack of progress in the trade talks with the US, rising political uncertainty, and easing inflationary trends, which muddle the BoJ’s monetary policy outlook.
Fxstreet
Fri, Jul 18
AUD/JPY jumps to near 96.80 as Yen underperforms ahead of Japan’s elections
The AUD/JPY pair climbs to near 96.80 during the European trading session on Friday. The cross demonstrates strength as the Japanese Yen (JPY) underperforms across the board amid uncertainty surrounding elections in Japan on Sunday.
Fxstreet
Fri, Jul 18
EUR/GBP strengthens above 0.8650 as traders raise bets on BoE rate cut
The EUR/GBP cross gains ground to near 0.8655 during the early European session on Friday. The Pound Sterling (GBP) edges lower against the Euro (EUR) as the UK Unemployment Rate hits the highest level in four years.
Fxstreet
Fri, Jul 18
