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China's July dollar-denominated exports rise 7.2% y/y, imports up 4.1%
BEIJING, Aug 7 (Reuters) - China's export growth picked up pace in July, expanding 7.2% from a year earlier in value terms, while imports grew 4.1%, customs data showed on Thursday.Outbound shipments were expected to expand an annual 5.4%, according to a Reuters poll of economists, down from a 5...Reuters
Thu, Aug 7
REFILE-USD/INR NDFs largely calm after US imposes additional tariffs on India
MUMBAI, Aug 7 (Reuters) - USD/INR non-deliverable forwards (NDFs) remained largely unmoved after U.S. President Donald Trump's announcement of increased tariffs on Indian goods.On Wednesday, Trump issued an executive order imposing an additional 25% tariff on goods from India, citing the country...Reuters
Thu, Aug 7
NZD/USD weakens to below 0.5950 ahead of RBNZ Inflation Expectations release
The NZD/USD pair trades on a softer note around 0.5930 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) amid renewed tensions between the United States (US) and China.
Fxstreet
Thu, Aug 7
FOREX-Dollar holds losses on US economy concerns, Fed appointments
By Rocky Swift TOKYO, Aug 7 (Reuters) - The dollar remained lower against major peers on Thursday, as expectations of Federal Reserve rate cuts grew and concerns swirled about partisanship creeping into key U.S. institutions.Initial jobless claims in the United States are under scrutiny after las...Reuters
Thu, Aug 7
Bank of England, facing jobs-inflation dilemma, poised to cut rates
LONDON, Aug 7 (Reuters) - The Bank of England looks poised to cut interest rates for the fifth time in 12 months on Thursday but nagging worries about inflation are likely to split its policymakers and cloud the outlook for its next moves.Reuters
Thu, Aug 7
USD/CAD trades flat below 1.3750 as traders await nominations for next Fed Chair
The USD/CAD pair holds steady near 1.3740 during the early Asian session on Thursday. Investors remain cautious about US President Trump’s plans for Chief Jerome Powell’s replacement and further developments on tariffs ahead of the upcoming deadline.
Fxstreet
Wed, Aug 6
Silver Price Forecast: XAG/USD rises toward $3800 on US Dollar slide
Silver Price advances during the North American session, up by 0.39% as the Greenback weakens more than 0.50%, as revealed by the US Dollar Index (DXY). At the time of writing, the XAG/USD trades at $37.88 after hitting a low of $37.31.
Fxstreet
Wed, Aug 6
Granite REIT Q2 revenue misses estimates
OverviewGranite Q2 revenue misses analyst expectations, per LSEG dataNet operating income rises to C$123.4 mln, driven by rent adjustmentsOutlookGranite forecasts 2025 FFO per unit to rise 6% to 9% over 2024Company expects 2025 AFFO per unit to increase 1% to 4%Result DriversRENT ADJUSTMENTS - Incre...Reuters
Wed, Aug 6
GBP/USD extends bullish rebound ahead of expected BoE rate cut
GBP/USD caught a much-needed lift on Wednesday, rising back above 1.3350 as bullish momentum claws back chart paper following last week’s one-sided plunge into 15-week lows near 1.3140. The Bank of England (BoE) is on the board for Thursday, poised to deliver a 25 bps interest rate cut.
Fxstreet
Wed, Aug 6
Kronos Worldwide Q2 sales miss expectations
OverviewKronos Worldwide Q2 net loss of $9.2 mln vs net income last yearThe producer of titanium dioxide pigments posts Q2 sales of $494.4 mln, missing street view, per LSEG dataSegment profit decreased due to lower production volumes and currency fluctuationsOutlookCompany cites global uncertainty ...Reuters
Wed, Aug 6
US jury deadlocks on Tornado Cash founder's money laundering charge
Jury finds Storm guilty of unlicensed money transmittingStorm faces up to five years in prisonSanctions on Tornado Cash lifted in MarchBy Luc Cohen NEW YORK, Aug 6 (Reuters) - A U.S. jury deadlocked on Wednesday on money laundering and sanctions evasion charges against the founder of Tornado Cash...Reuters
Wed, Aug 6
Nutritional products maker Herbalife's beats Q2 adjusted EPS estimates, raises full-year guidance
OverviewHerbalife Q2 net sales of $1.3 bln down 1.7% yr/yr, flat in constant currencyAdjusted EBITDA of $173.6 mln exceeds company guidance, adjusted EPS beats market estimatesCo raises full-year net sales and adjusted EBITDA guidanceOutlookHerbalife raises full-year 2025 net sales growth guidance t...Reuters
Wed, Aug 6
Canada's Element Fleet Q2 revenue beats expectations
OverviewElement Fleet Q2 2025 net revenue grows 6% yr/yr, beating analyst expectationsAdjusted EPS meets analyst expectations, reflecting stable performanceCo repurchased 3.1 mln shares, indicating commitment to shareholder valueResult DriversREVENUE GROWTH - Net revenue increased 6% yr/yr, driven b...Reuters
Wed, Aug 6
Canada's Savaria beats Q2 adjusted EPS estimates
OverviewSavaria Q2 revenue up 2.4% yr/yr, missed analyst expectations, per LSEG dataAdjusted EPS for Q2 beats consensus, reflecting improved operational performanceAdjusted EBITDA for Q2 exceeds estimates, indicating strong financial healthOutlookSavaria forecasts 2025 revenue of about C$925 mln, ad...Reuters
Wed, Aug 6
Salesforce-acquired Informatica's Q2 revenue beats estimates
OverviewInformatica Q2 revenue rises 1.7% yr/yr, beating analyst expectationsNet loss of $4.65 mln misses analyst estimates, per LSEG dataAdjusted operating income of $109.4 mln beats analyst expectationsOutlookInformatica will not provide financial guidance due to pending Salesforce acquisitionResu...Reuters
Wed, Aug 6
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