The Japanese Yen attracts fresh sellers amid reports of additional US tariffs. Mixed BoJ rate hike cues further undermine the JPY amid a positive risk tone. Rising September Fed rate cut bets weigh on the USD and cap the USD/JPY pair. The Japanese Yen (JPY) remains on the back foot through the Asian session on
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$3.180 billion and was up from the downwardly revised A$1.604 billion in May (originally A$ A$2.238 billion). Exports jumped 6.0 percent on month to A$44.318 billion following
Trade data from Australia for June 2025. A huge surplus, way beyond estimates. 5,365mn expected 3,250mn, prior 2,238mn Exports +6.0% m/m, this is the quickest pace of increase since September 2022 Imports -3.1%, both consumer and capital goods imports fell That imports result could be cause for concerns, a healthy economy usually likes to suck
Q2 EPS: Revenue: $6.84B (vs. ~$6.7B est.) +5% y/y Global Comparable Sales: U.S. Same-Store Sales: Profit: — Apart from the company news, there is a macro angle to this. This is going to sound like a value judgment, but its not – just economics. An inferior good is an economic term for a product whose
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday – up from $10.14 billion in May. The goods account recorded a $13.16 billion surplus as exports increased by 2.3 percent to $60.37 billion and as imports increased by 0.7 percent to $47.21 billion, both compared
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
This article is a follow-up to the article written on July 31, 2025 titled Silver (XAG/USD) Price: Down 1.5% as Trendline Break Hints at Deeper Correction Silver prices have retraced following the initial selloff last week. Friday’s US jobs data has obviously been extensively discussed, but that was the end of the initial bearish run
The news was a little while ago, good news if we get an end to Russia’s war on Ukraine: While Trump didn’t tweet his meeting intentions, The White House sent out the news with widespread media reporting. Trump did have something to say though: Good news for markets if true. Likely outcomes: supportive for risk
The Treasury Department continued this week’s series of announcement of the results of its long-term securities auctions on Wednesday, revealing this month’s sale of $42 billion worth of ten-year notes attracted well below average demand. The ten-year note auction drew a high yield of 4.255 percent and a bid-to-cover ratio of 2.35. Last month, the
2025.08.06 2025.08.06 Is Silver a Good Investment in 2025? Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Silver has traditionally attracted investors’ attention as one of the most stable precious metals, especially during periods of economic instability and rising inflation. However, many people wonder whether silver is a bad or good investment. This precious metal has a number of features that
Oil prices have had volatile swing in the past week, finding strong demand towards the end of July after bouncing at the lows of its $65 to $70 range, even breaking its highs (71.38) before getting hammered from downbeat sentiment post-NFP miss.The commodity is in the Middle of some fundamental headwinds between strong supply (OPEC+
President Trump is set to impose an additional 25% tariff on imports from India. The move is aimed squarely at penalizing New Delhi for its continued purchases of Russian oil, despite U.S. pressure to curtail such trade. The tariff also comes against the backdrop of expectations for further sanctions on Russia, as Washington seeks to
Slovakia’s retail sales declined for the fifth straight month in June, figures from the Statistical Office of the Republic of Slovenia showed on Wednesday. Retail sales fell 0.4 percent year-on-year in June, slower than the 1.8 percent decrease in May. The most significant negative impact was the turnover decline of e-shops and mail orders by 4.8 percent,
The pharmaceutical sector has been one of the standout performers in recent years, driven largely by breakthrough treatments in diabetes and obesity. But Novo Nordisk’s latest results serve as a reminder that even the most promising growth stories can hit bumps along the way. The Danish company’s second-quarter (Q2) numbers have sent shockwaves through the market,
The New Zealand dollar continues to have a quiet week. In the European session, NZD/USD is trading at 0.5923, up 0.37% on the day. The kiwi has been under pressure, falling 3.4% against the US dollar in July. New Zealand’s unemployment rises, job growth declines New Zealand’s employment report for Q2 was pretty much as
AUD/JPY may find primary support at the 50-day EMA of 95.07. The 14-day Relative Strength Index is positioned on the 50 mark, indicating a neutral bias. The immediate resistance appears at the nine-day EMA of 95.98. AUD/JPY continues to gain ground for the second successive day, trading around 95.90 during the European hours on Wednesday.
That is the highest reading since February 2023 as the construction downturn in Germany shows further signs of easing in July. Looking at the details, a lot of this owes to a renewed rise in commercial building work (chart below). That being said, firms continued to cut both workforce numbers and purchasing activity, citing a
