From foxbusiness.com | 4 min ago
The Bureau of Labor Statistics has taken steps to address issues that led to the release of key economic data at improper times in 2024, though a watchdog said it has more work to do in establishing safeguards. A report by the Labor Department's inspector general looked at a trio of incidents in which economic data was either released early or late, or ...
Since publication of the last Financial Stability Report in June 2025, economic and financial conditions relevant for the Swiss financial sector have remained challenging, in particular because of the conflict in the Middle East, trade tensions, and the associated geopolitical and macroeconomic uncertainty. Thanks to substantial capital buffers, the Swiss banking sector is well placed to face this challenging environment. Overall, global economic growth was solid going into 2026, but has slowed somewhat since the escalation in the Middle East. Long‑term interest rates have increased against the backdrop of renewed inflationary pressure, due to the recent surge in energy prices, and high public debt in many advanced economies. In Switzerland, by contrast, both inflation and long‑term interest rates have remained at lower levels. In financial markets, the conflict in the Middle East has led to higher volatility, yet the overall reaction has been muted. Global stock prices temporarily declined but remain above the levels at the time of publication of the last Financial Stability Report. Furthermore, global corporate and sovereign credit risk premia temporarily increased to a moderate degree but remain at low levels. Residential real estate prices have Swiss National Bank Warns Current Capital Rules Do Not Adequately Cover Foreign Investment Risks SNB: UBS Capital Levels Adequate Under Proposed Requirements Including Reserves
Japans Ministry of Finance could step in abruptly to wipe out speculative yen positions: RTRS for at least 48 hours anyway
Japanese authorities are shifting toward a more targeted, unsignalled approach to currency intervention, aiming to squeeze speculators betting against the yen rather than telegraphing risks in advance, according to Reuters sources familiar with the matter. Where previous intervention was preceded by calibrated jawboning that gave traders room to unwind ...
Japans Ministry of Finance could step in abruptly to wipe out speculative yen positions: RTRS for at least 48 hours anyway
| Date | 12:42am | Currency | Impact | Alerts | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12:42am | Actual | |||||||||
| Thu Jul 2 | ||||||||||
| Thu Jul 2 | CHF | CPI m/m | 0.1% | 0.2% | ||||||
| 1:45am | EUR | French Gov Budget Balance | -69.6B | |||||||
| 2:00am | EUR | Spanish Unemployment Change | -40.8K | -36.3K | ||||||
| 3:00am | EUR | Italian Monthly Unemployment Rate | 5.1% | 5.1% | ||||||
| 3:30am | GBP | BOE Credit Conditions Survey | ||||||||
| 4:00am | EUR | Unemployment Rate | 6.3% | 6.3% | ||||||
| Tentative | EUR | Spanish 10-y Bond Auction | 3.38|1.9 | |||||||
| Tentative | EUR | French 10-y Bond Auction | 3.80|2.4 | |||||||
| Tentative | GBP | 10-y Bond Auction | 4.86|3.5 | |||||||
| 6:45am | USD | FOMC Member Daly Speaks | ||||||||
| 7:30am | USD | Average Hourly Earnings m/m | 0.3% | 0.3% | ||||||
| USD | Non-Farm Employment Change | 114K | 172K | |||||||
| USD | Unemployment Rate | 4.3% | 4.3% | |||||||
| USD | Unemployment Claims | 219K | 215K | |||||||
| 8:30am | CAD | Manufacturing PMI | 52.9 | |||||||
| 9:00am | USD | Factory Orders m/m | -1.7% | 4.8% | ||||||
| 9:30am | USD | Natural Gas Storage | 81B | 76B | ||||||
| 10:45am | GBP | MPC Member Mann Speaks | ||||||||
| 8:45pm | CNY | RatingDog Services PMI | 53.0 | 54.4 | ||||||
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