Forex News

China's economy slowed in the second quarter of this year, expanding at a 4.3% annualized pace, the government said Wednesday. The April-June data was weaker than the 5% growth recorded in the January-March quarter, despite strong growth in exports thanks partly to the boom in artificial intelligence, and robust demand for Chinese electric vehicles. China ...

China’s statistics bureau said replacing old economic growth drivers with new ones is a gradual process that cannot happen immediately.

The deputy head of China’s statistics bureau said the economy remains stable and resilient despite a Q2 slowdown. China’s CPI and PPI are staying in reasonable ranges despite widespread global price increases, according to the statistics bureau deputy head.

Billionaire Elon Musk likely broke Wisconsin law when he handed out $1 million checks to voters in the 2025 state Supreme Court election, a bipartisan panel has found. The Wisconsin Elections Commission last week referred two complaints to the Brown County district attorney’s office, which can choose to bring criminal charges over violating the state law ...

CENTCOM confirmed the completion of additional strikes against Iran conducted at 10 p.m. ET, July 14. CENTCOM said U.S. aircraft, unmanned drones and naval assets fired precision weapons targeting Iran’s missile and drone sites.

In the first half year, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments fully implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring ...

The Bank of Japan's shock introduction of negative rates in 2016 drew intense criticism from within the board with some blasting it as half-baked and a risky move that could trigger a currency war with Europe, policy meeting minutes showed on Wednesday. The decision, which was approved by a 5-4 vote, highlighted the resistance former BOJ chief Haruhiko ...

Chinese refiners largely stopped competing for Middle Eastern crude during the Iran conflict, leaving more Gulf cargoes available to Europe, India, and the rest of Asia just as traders prepared for a supply shock. The International Energy Agency (IEA) estimates China drew 41 million barrels from crude inventories during June, one of the largest monthly ...

US Federal Reserve Chair Kevin Warsh on Tuesday committed to tackling stubborn inflation in hawkish comments that investors took as a signal borrowing costs are likely to stay higher for longer. Warsh sidestepped questions about whether the Fed would raise rates, even though lawmakers pressed him. But he again emphasized the Fed’s goal of price stability ...

The total value of machinery orders received by 280 manufacturers operating in Japan increased by 9.5% in May from the previous month on a seasonally adjusted basis. Private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, decreased a seasonally adjusted by 12.4% in May. tables charts

The US dollar retreated after softer-than-expected US inflation data sparked a risk-on move across financial markets, helping gold rebound from the key 4,000 support level. However, mixed futures positioning, rising short interest and a fragile technical backdrop suggest the precious metal's recovery may still face headwinds if the US dollar resumes its ...

Goldman Sachs Group Inc. trounced its own Wall Street stock-trading records, posting $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility around artificial intelligence and war in the Middle East. The firm’s second-quarter results mark the third consecutive quarter in which the firm’s equities unit has set an all-time record ...

TRUMP: IRAN STRIKES WILL CONTINUE UNTIL HE SAYS ENOUGH; REPEATS HORMUZ MUST REMAIN FREE AND OPEN; STATES IRAN OBJECTIVES ARE NOW COMPLETED; SAYS U.S. IS BEATING IRAN BADLY Trump: will preserve energy objectives in Iran until the end TRUMP: WILL NOT STRIKE IRAN IF TEHRAN COMES TO NEGOTIATING TABLE; WILL HIT IRAN AGAIN TOMORROW NIGHT; NEXT WEEK TO TARGET IRAN'S POWER PLANTS AND BRIDGES; ULTIMATELY WILL STRIKE IRAN'S ENERGY TARGETS Trump: U.S. conducted discussions with Iran on Tuesday

The European Central Bank (ECB) has selected 36 payment service providers (PSP) from across the euro area to participate in the digital euro pilot. The pilot exercise is crucial for testing the digital euro’s technical functionality and operational processes, as well as for refining user experience. The pilot aims to support the ongoing preparatory work for ...

American consumers — and the Federal Reserve — are being hit with another high-cost headache. The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive. Economists expect it will continue to push up ...

API inventory Moves 07/14 Crude -564,000 (exp. -2.7 million) Gasoline -1.664 million Cushing +238,000 SPR actual -9.2 million #oott #crudeoil #api #gasoline

As more transparency has been brought to the Reserve Bank (RBNZ) with a change to its charter, the central bank’s chief economist Paul Conway says Monetary Policy Committee (MPC) members should be held to account for their views. It was important the public understood what each MPC member was thinking and how they were coming to their viewpoints when making ...

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2026. The next release, which will report on data for June 2026, is scheduled for August 17, 2026. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $132.2 ...

Back in early February I was foolish enough to remark to a colleague that on the economic front things were looking more settled, and of course that was a good thing. We seemed to be in more stable times. I was expecting inflation to return to its 2.0% target in around April or May, and then we would need to assess what level of interest rate would keep it ...

U.S. President Donald Trump backtracked on plans to charge ships for using the Strait of Hormuz, saying Tuesday that Gulf countries would instead invest in the United States. Another wave of U.S. strikes on Iran, and Iranian attacks on shipping and American allies, left an interim peace deal in tatters. That agreement was supposed to reopen a waterway that ...

At 3 p.m. ET today, U.S. Central Command forces began launching an additional round of strikes against Iran to continue degrading Iranian capabilities used to attack commercial shipping in the Strait of Hormuz. The strikes are taking place as American forces prepare to resume the… *US: US FORCES PREPARING TO RESUME BLOCKADE AT 4PM ET

Today's consumer price inflation report for June was considerably softer than expected. US headline prices fell -0.4% month-on-month versus consensus expectations of a -0.1% outcome, while core inflation (ex-food and energy) was flat on the month versus expectations of a 0.2% increase. To three decimal places, it was a negative print of -0.017% MoM. As a ...

Good afternoon, and thank you for joining us today at the Board's third annual Financial Inclusion Conference. While I am unable to join you in person, I wanted to highlight the importance of financial inclusion in building a strong and stable financial system and an economy that works for everyone. Much of today's discussion will highlight how innovation enables financial inclusion. Banks are at the center of financial inclusion efforts, and one of the most powerful tools banks have to expand access and build a more inclusive financial system is through innovation. When banks innovate responsibly, they can build a faster and more efficient banking and payments system, lower costs, expand product availability to underserved consumers and businesses, and promote market competition. These outcomes advance financial inclusion by making useful, affordable financial services within reach of more Americans. Fed's Bowman: The Fed should not micromanage banks on issues like AI.

Iran IRGC: Must control the entire Hormuz Strait in wartime - IRIB Iran's IRGC: Targeted enemy weapons and parts storage in Bahrain and Kuwait. Just in | Iran's IRGC Declares No Oil or Gas Exports If US Remains in Region *IRAN SAYS US 'FULLY SHATTERED' MOU BY REIMPOSING BLOCKADE: IRIB $CL

Kalshi has launched a professional-grade trading workstation that signals the company’s ambitions to evolve beyond its retail roots and compete directly with established exchanges and professional trading platforms. The new desktop platform, called Kalshi Pro, introduces advanced order management, multi-market trading, professional charting and perpetual ...

Today, Board members discussed economic and financial developments and issues related to possible policy actions. In connection with this discussion, Board members considered discounts and advances made under the primary credit program (the primary credit rate) and discussed, on a preliminary basis, their individual assessments of the appropriate rate and ...

Gold and Bitcoin account for around 70% of all demo trades placed by new users on TradeLocker, while the two most traded forex pairs, EUR/USD and GBP/USD, represent less than 7% combined, according to new data released by the trading platform. The figures are based on activity from more than 100,000 users who have signed up for TradeLocker Demo since the ...

FED'S GOOLSBEE: SERVICES INFLATION ENCOURAGING TODAY; WOULD FEEL CONSIDERABLY MORE CONFIDENT IF PCE INFLATION MIRRORED CPI READINGS FOR SEVERAL CONSECUTIVE MONTHS CHI FED'S GOOLSBEE Q&A/KENOSHA: REPEATS, JOBS MARKET 'REMARKABLY STABLE WITHOUT BEING GOOD;' JOBS MKT NOT LEADING INDICATOR , POPULATION NOW KEY #Goolsbee #FederalReserve #economy

US Treasuries surged as traders pulled back from bets on Federal Reserve interest-rate hikes after consumer prices data came in lower than forecast. The yield on two-year Treasuries — which are sensitive to the near-term outlook for Fed monetary policy — fell as much as 14 basis points to 4.14% and was headed for its biggest one-day decline since February. ...

Trump Tells Netanyahu To Move Forces Out Of Syria And Lebanon – @axios