European natural gas prices continue to sell off, with Title Transfer Facility (TTF) falling 3.89% yesterday, ING's commodity experts Ewa Manthey and Warren Patterson note.
The Japanese Yen (JPY) weakened across the board during the Asian session on Friday in reaction to data showing that consumer inflation in Tokyo slowed sharply in June. Adding to this, Japan's Retail Sales recorded growth for the 38th consecutive month, though at the slowest pace since February.
A White House official stated late Thursday that the United States (US) has reached an understanding with China on how to expedite rare earth shipments to the US, according to the Wall Street Journal.