Inflation data easing suppresses the rise of the US dollar, while political risks in the Japanese yen and other countries' currencies are on the rise.

Last week, economic data solidified the market's expectation of a US interest rate cut this year, narrowing the dollar's upward momentum.

CME GroupJul 1 20:59 ET

htsc: Overseas growth momentum is slowing down, and short-term political events dominate sentiment.

The Federal Reserve kept the benchmark interest rate at 5.25%-5.5% in June FOMC. The dot plot lowered the number of rate cuts in 2024 from three to one, and the cumulative number of rate cuts from 2024 to 2026 remained at eight, overall with a hawkish tone. However, Powell said that the future interest rate path still depends on data, and there is still a possibility of a rate cut in September.

Zhitong FinanceJun 30 23:43 ET

China's Current Account Surplus Reaches 281 Billion Yuan in Q1

China logged a current account surplus, or the surplus from the country's foreign payments and receivables, of 281.4 billion yuan, in the first quarter, according to data by the State Administration of Foreign Exchange released Friday.

MT NewswiresJun 30 23:01 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET

The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.

RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.

Gelonghui FinanceJun 14 05:16 ET

Manufacturing PMIs Signal Global Industry Rebound in 2Q -- Market Talk

The latest manufacturing PMIs suggest the global industry recovery has gathered momentum so far in 2Q and price pressures have risen.

WSJJun 3 20:42 ET