News

Commerce Ministry: China and US stepping up efforts to implement outcomes of the London framework

Chinese Commerce Ministry said in a statement on Friday that “China and US stepping up efforts to implement the outcomes of the London framework.”

Source  Fxstreet1751601274
US President Trump: Will begin sending letters on trade tariffs starting Friday

US President Donald Trump said late Thursday that he “will begin sending letters on trade tariffs starting Friday.”

Source  Fxstreet1751593327

Japan Overall Household Spending (YoY) came in at 4.7%, above forecasts (1.2%) in May

Source  Fxstreet1751585405

South Korea Current Account Balance increased to 10.14B in May from previous 5.7B

Source  Fxstreet1751583636
Breaking: US House passes Trump's "Big, Beautiful Bill"

President Trump's tax-cut and spending bill is passed by the House of Representatives, and it is sent to Trump to be signed into law.

Source  Fxstreet1751567469
Bessent: Fed to decide on rates, Powell replacement discussions in fall

US Treasury Secretary Scott Bessent, in an interview on CNBC, stated that it is up to the Federal Reserve to decide on interest rates. He added that if the Fed does not cut in July, "perhaps interest rate cut in September will be bigger."

Source  Fxstreet1751560364

United States 4-Week Bill Auction up to 4.24% from previous 4%

Source  Fxstreet1751557021
Fed’s Bostic: Higher inflation on the cards

Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that the US economy is likely to face a protracted period of adjustment in response to new trade and policy dynamics, warning it “will not be short or simple” and could extend over a year or more.

Source  Fxstreet1751555623

United States EIA Natural Gas Storage Change came in at 55B, above expectations (48B) in June 27

Source  Fxstreet1751553001
US ISM Services PMI improves to 50.8 in June vs. 50.5 expected

The business activity in the US services sector expanded at a modest pace in June, with the Institute for Supply Management's (ISM) Services Purchasing Managers' Index (PMI) rising to 50.8 from 49.9 in May. This reading came in better than the market expectation of 50.5.

Source  Fxstreet1751551896
US ISM Services PMI climbs to 50.8 in June

Economic activity in the US service sector accelerated slightly in June, with the ISM Services PMI rising to 50.8 from 49.9 in May, above analysts' expectations of 50.5.

Source  Fxstreet1751551484

United States Factory Orders (MoM) in line with forecasts (8.2%) in May

Source  Fxstreet1751551204

United States ISM Services PMI came in at 50.8, above expectations (50.5) in June

Source  Fxstreet1751551203

United States ISM Services Employment Index declined to 47.2 in June from previous 50.7

Source  Fxstreet1751551202

United States ISM Services Prices Paid fell from previous 68.7 to 67.5 in June

Source  Fxstreet1751551201

United States ISM Services New Orders Index: 51.3 (June) vs 46.4

Source  Fxstreet1751551200

United States S&P Global Services PMI came in at 52.9 below forecasts (53.1) in June

Source  Fxstreet1751550302

United States S&P Global Composite PMI came in at 52.9, above forecasts (52.8) in June

Source  Fxstreet1751550302
U.S. June Jobs Report Unexpectedly Strong — Unemployment Drops to 4.1%, Crushing July Rate Cut Odds

TradingKey - On Thursday, July 3, the U.S. Bureau of Labor Statistics released data showing that the June nonfarm payrolls rose by 147,000, far exceeding the expected 110,000, and up from the previous

Source  Tradingkey1751547892

Russia Central Bank Reserves $ increased to $687.7B from previous $687.2B

Source  Fxstreet1751547640
US: Initial Jobless Claims dropped to 233K last week

US citizens filing new applications for unemployment insurance fell to 233K for the week ending June 28, as reported by the US Department of Labor (DOL) on Thursday. This print came in below initial estimates and the previous week's revised tally of 237K (revised from 236K).

Source  Fxstreet1751546273

United States Labor Force Participation Rate declined to 62.3% in June from previous 62.4%

Source  Fxstreet1751546010

United States Goods and Services Trade Balance below forecasts ($-71B) in May: Actual ($-71.5B)

Source  Fxstreet1751545998

Canada Imports declined to $66.66B in May from previous $67.58B

Source  Fxstreet1751545979

United States Nonfarm Payrolls came in at 147K, above expectations (110K) in June

Source  Fxstreet1751545968

United States Continuing Jobless Claims registered at 1.964M above expectations (1.96M) in June 20

Source  Fxstreet1751545948

United States Average Weekly Hours below expectations (34.3) in June: Actual (34.2)

Source  Fxstreet1751545937

United States Average Hourly Earnings (YoY) registered at 3.7%, below expectations (3.9%) in June

Source  Fxstreet1751545918

Canada Exports increased to $60.81B in May from previous $60.44B

Source  Fxstreet1751545916

United States Initial Jobless Claims came in at 233K, below expectations (240K) in June 27

Source  Fxstreet1751545901
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