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Important Only
Silver price continues to gain ground for the third successive session, trading around $31.50 during the Asian hours on Friday.

FxstreetJun 7, 2024

Silver Price Forecast: XAG/USD rises to near $31.50 due to rising hopes of Fed rate cuts

Japan Coincident Index rose from previous 113.6 to 115.2 in April

FxstreetJun 7, 2024

Japan Coincident Index rose from previous 113.6 to 115.2 in April

Japan Leading Economic Index came in at 111.6 below forecasts (111.8) in April

FxstreetJun 7, 2024

Japan Leading Economic Index came in at 111.6 below forecasts (111.8) in April

FxstreetJun 7, 2024
US NFP: Nonfarm Payrolls forecast to grow by 185K in May amid increasing signs of cooling labor market
FxstreetJun 7, 2024
India Reverse Repo Rate unchanged at 3.35%
FxstreetJun 7, 2024
India RBI Interest Rate Decision (Repo Rate) meets forecasts (6.5%)
FxstreetJun 7, 2024
Netherlands, The Consumer Spending Volume climbed from previous 0.4% to 0.6% in April
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FxstreetJun 7, 2024
Japanese Yen loses ground due to decline in Japan's Foreign Reserves
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FxstreetJun 7, 2024
China’s Trade Balance: Surplus expands in May amid a bigger-than-expected exports surge
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Economic Indicator

US NFP: Nonfarm Payrolls forecast to grow by 185K in May amid increasing signs of cooling labor market

The United States (US) will release the May Nonfarm Payrolls (NFP) report on Friday at 12:30 GMT.
Fxstreet
Jun 7, 2024
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Economic Indicator

India Reverse Repo Rate unchanged at 3.35%

India Reverse Repo Rate unchanged at 3.35%
Fxstreet
Jun 7, 2024
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Economic Indicator

India RBI Interest Rate Decision (Repo Rate) meets forecasts (6.5%)

India RBI Interest Rate Decision (Repo Rate) meets forecasts (6.5%)
Fxstreet
Jun 7, 2024
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Economic Indicator

Netherlands, The Consumer Spending Volume climbed from previous 0.4% to 0.6% in April

Netherlands, The Consumer Spending Volume climbed from previous 0.4% to 0.6% in April
Fxstreet
Jun 7, 2024
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Forex

Japanese Yen loses ground due to decline in Japan's Foreign Reserves

The Japanese Yen (JPY) edges lower on Friday, possibly influenced by the reduced Japanese Foreign Reserves released by the Ministry of Finance for May.
iconUSD/JPY
Fxstreet
Jun 7, 2024
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Economic Indicator

China’s Trade Balance: Surplus expands in May amid a bigger-than-expected exports surge

China's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion.
iconAUD/USD
Fxstreet
Jun 7, 2024
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Economic Indicator

China Exports (YoY) CNY increased to 11.2% in May from previous 5.1%

China Exports (YoY) CNY increased to 11.2% in May from previous 5.1%
Fxstreet
Jun 7, 2024
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Economic Indicator

China Trade Balance CNY up to 586.4B in May from previous 513.45B

China Trade Balance CNY up to 586.4B in May from previous 513.45B
Fxstreet
Jun 7, 2024
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Economic Indicator

China Trade Balance USD registered at $82.62B above expectations ($73B) in May

China Trade Balance USD registered at $82.62B above expectations ($73B) in May
Fxstreet
Jun 7, 2024
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Economic Indicator

China Imports (YoY) below expectations (4.2%) in May: Actual (1.8%)

China Imports (YoY) below expectations (4.2%) in May: Actual (1.8%)
Fxstreet
Jun 7, 2024
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Economic Indicator

China Exports (YoY) came in at 7.6%, above forecasts (6%) in May

China Exports (YoY) came in at 7.6%, above forecasts (6%) in May
Fxstreet
Jun 7, 2024
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Forex

USD/CAD consolidates in a range above mid-1.3600s as traders keenly await US NFP

The USD/CAD pair shows resilience below the 200-hour Simple Moving Average (SMA), albeit seems to struggle to attract any meaningful buyers during the Asian session on Friday.
iconUSD/CAD
Fxstreet
Jun 7, 2024
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Forex

Australian Dollar stays calm ahead of speech from RBA Deputy Governor Hauser

The Australian Dollar (AUD) remained steady on Friday following gains registered in the previous session.
iconAUD/USD
Fxstreet
Jun 7, 2024
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Forex

USD/INR posts modest gains, investors await RBI rate decision

Indian Rupee (INR) weakens on Friday on the modest recovery of the US Dollar (USD).
Fxstreet
Jun 7, 2024
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Commodities

Gold price holds steady near two-week top, looks to US NFP for fresh impetus

Gold price (XAU/USD) is seen oscillating in a narrow trading range during the Asian session on Friday and consolidating its gains to a two-week high registered over the past two days.
iconGold
Fxstreet
Jun 7, 2024
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Commodities

WTI extends gains to near $75.50 on hopes of Fed rate cuts following the ECB’s decision

West Texas Intermediate (WTI) Oil price extends its gains for the third session, trading around $75.50 per barrel during the Asian session on Friday.
iconWTI
Fxstreet
Jun 7, 2024
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Forex

PBOC sets USD/CNY reference rate at 7.1106 vs. 7.1108 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1106, as against the previous day's fix of 7.1108 and 7.2430 Reuters estimates.
iconUSD/CNH
Fxstreet
Jun 7, 2024
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