Forex News

China's economy has some big problems. Here are just some of the recent data points that should worry global markets: China's Q2-2026 GDP came in at 4.3% - well below its 5% annual target and the lowest in 3.5 years1. Births fell to 7.92 million in 2025 - down 17% from 20242 - and the lowest count since records began in 1949. New home prices fell 3.3% ...

Over the past several years, Wall Street and Washington, D.C., have grown used to being able to reliably predict what the Federal Reserve would do at its interest-rate meeting, weeks before the gathering took place. But now we're in a new era. Instead of guiding the market toward the likely outcome of the upcoming meeting, the new Fed chair, Kevin Warsh, ...

The US imports about $3.3 trillion worth of goods a year currently, and so import prices matter to inflation in the US. Import prices had exploded during the first wave of inflation in 2021 through early 2023 amid the supply chain chaos and shortages at the time. Then import prices fell and gave up part of those price gains and then remained relatively flat ...

Kuwait accused Iran on Saturday of attacking another power and water desalination plant, after the United States launched a seventh consecutive night of strikes on Iran. Kuwait's Ministry of Electricity said the facility had been targeted in a "hostile" attack, causing a fire in part of the plant. Several generators were shut down as a precaution. It was ...

Iran's supreme leader vowed to teach the United States "unforgettable lessons" on Saturday, as Washington reported its first military deaths since renewing its hostilities with the Islamic republic. A month after the foes signed a now-abandoned preliminary deal aimed at ending their war, Tehran struck infrastructure around the Gulf in retaliation for a week ...

The Euro to Dollar (EUR/USD) exchange rate is trading around 1.1440 after recovering from June lows near 1.1325, but Goldman Sachs believes options markets are signalling renewed downside risks for the pair. EUR/USD has remained relatively stable through July, gaining around 0.3% so far this month after falling more than 2% in June. Goldman Sachs highlights ...

Canada’s insurance industry is renewing calls for governments to invest in flood protection after severe storms and flooding across Canada caused more than $1.1 billion in insured damage in June. Insurers estimate the June 9 and 10 storms in Manitoba and Saskatchewan caused more than $728 million in insured losses, while flooding in Montreal and surrounding ...

A weaker-than-expected 4.3% y/y rise in Q2 real GDP has led to a chorus of calls by China-watchers for stepped-up economic stimulus. Such advice is driven by two inter-related developments: (1) the extended slump in domestic demand, both consumer spending and private investment; and (2) growth now running below the government’s 2026 target range of ...

Mexico’s Foreign Affairs Minister Roberto Velasco Alvarez says his government will engage in trilateral talks with the U.S. and Canada on the continental trade pact when “it’s appropriate.” The Trump administration opted not to renew the Canada-U.S.-Mexico Agreement on trade, better known as CUSMA, at the start of July. That triggered rolling annual reviews ...

Many Canadian families continue to face financial difficulties. A survey by one insolvency firm (MNP Limited) shows that financial pressures are pinching people’s lifestyles, with more than half of Canadians saying they have cut back on travel, dining, entertainment, and social activities. As a group, the mood is somewhat less positive than normal, though ...

Industrial production continued to grow at a slower pace in June, posting a modest 0.1% gain. Looking at the details, the largest positive contributions came from mining and utilities, which both rose 0.4%. Gains in mining output were driven by both oil and gas extraction and drilling activity, which more than offset a decline in other mineral extraction. ...

This is an unusual time for markets, with a reasonable debate for both sides on whether the next move by central banks will be to hike or cut interest rates. Certainly, markets are leaning to at least one hike by the Fed and perhaps half of one by the Bank of Canada by the end of 2026, but there’s not much conviction. All it would take to wash away those ...

Natasha Sarin, Yale Law School professor and former Biden Treasury official, and Joe Lavorgna, SMBC chief economist and former Trump Treasury official, join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, interest rate outlook, and more.

U.S. President Donald Trump says the cost of pollution from wildfire smoke drifting south of the border “must” be added to the tariffs imposed on Canadian goods. “We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, ...

A Hudson Bay Capital think piece by Roubini and Miran is normally a five-alarm macro bin fire, except their latest also has the highly respected Peter Ireland as co-author. The paper, A return to monetarism?, reads very much like something Peter would write and nothing at all like anything Roubini or Miran have produced before. But if Peter has brought them ...

The Supreme Court ruling that struck down US tariffs imposed by President Donald Trump under his emergency powers this year set off a scramble by the administration to reinstate tariffs on several countries using different rationales. Brazil is the first test case of this strategy, and it demonstrates the weakness of US leverage. Leaving aside the separate ...

Oil prices began rising sharply in early 2026 after the Iran war led to a blockade of maritime traffic through the Strait of Hormuz, one of the world’s most important oil choke points. In 2025, before the disruption, total oil flows through the strait averaged about 20.5 million barrels per day, roughly one-fifth of world oil supply. In this blog post, we ...

Moneta Markets Capital, the FCA-authorised UK subsidiary of Moneta Markets, reported turnover of £780,000 for the financial year ended 31 March 2026, up 118% from £358,425 a year earlier, according to accounts filed with Companies House. The company returned to profit, posting £77,386 against a £100,708 loss in FY2025. Operating profit reached £71,533, ...

Markets are pricing in at least one more interest-rate increase from the U.S. Federal Reserve this year following hotter inflation data and a more hawkish tone from policymakers. Consumer prices rose 3.5% in the year through June, less than markets expected and a slowdown from 4.2% in May, which was the highest annual increase in three years. Meanwhile, new ...

The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of vessels are even more concerned than they were ...

CENTCOM launched a round of strikes against Iran at 3 p.m. ET today for the seventh consecutive night. The strikes are designed to continue degrading Iranian military capabilities at the Commander in Chief's direction.

We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable! I will call the Prime Minister during the day to find out what they are going to do about it. The cost is incalculable! Canada has refused to engage in basic Forest Management and Debris Removal, knowing that such refusal will lead to exactly this result. This is Willful Negligence, and becoming a yearly occurrence, costing the United States Billions of Dollars, which cost of this pollution must of necessity be added to the TARIFFS Canada is currently paying. Thank you for your attention to this matter! President DONALD J. TRUMP

The World Cup is over. Well, it is for England anyway. And if, like me, you’re still coming to terms with yet another World Cup disappointment, the BBC had some advice this week: Focus on the wins! Not helpful if you’re German or Dutch (there just weren’t very many – sorry guys!). And perhaps best not to mention “there’s always next time” to the Italians – ...

The bull flag and bear flag pattern is a highly reliable trend continuation structure that signals a temporary pause in a powerful, directional market movement. This price action formation allows traders to enter established trends with tight risk parameters before the next impulsive leg begins. Designed for swing traders and day traders alike, mastering ...

It has been a strange week for macro and an unprofitable week for me as I thought the weak CPI and repricing of July FOMC would be bullish stocks. Not so much! Instead of an eye-popping rip higher in equities, we got a big repricing of the AI trade as many factors conspire to make people nervous about the sustainability of infinite U.S. spending on data ...

The US dollar has had a strong start to the year. Driven by booming foreign demand for US tech exposure and expectations of higher-for-longer interest rates, the greenback has appreciated roughly 2.5% against a basket of other major currencies. Bank of America believes the US currency has more room to run in the second half of 2026. The bank's foreign ...

The U.S. import prices unexpectedly rose in June, driven by higher costs for goods from China and technology-related products, according to data released Friday by the Bureau of Labor Statistics. USgovernment insights The report showed import prices increased 0.3% during the month, compared with economists' expectations of a 0.8% decline. Annual import ...

A railway project has opened an unexpected window into Roman Britain after archaeologists uncovered a rare coin and other artifacts dating back nearly 2,000 years. The discoveries, made in Bedfordshire and Cambridgeshire in the United Kingdom, were announced by East West Rail on July 1. Construction workers are currently restoring and building rail links ...

7.4 Mag. Earthquake 71 Km Wsw Of Puerto Madero Mexico -usgs

This morning has brought news on an issue that is usually apart from on here hidden in the shadows. In the Covid pandemic period central banks became Lords of all they surveyed in government bond markets. Along the way they became very popular in establishment circles as these purchases drove bond yields lower and allowed governments to borrow very cheaply ...