Japan Revises Economic Growth Forecast Down to 0.9% for Fiscal 2024

The GDP is expected to grow 3.0% in nominal terms, the Cabinet Office reported Friday.

MT Newswires56minutes ago

Germany's Chemical Sector Sees Faltering Business Climate in June, Ifo Data Shows

The business climate in Germany's chemical industry worsened in June after four straight months of growth due to a decline in order backlog and demand for chemicals, the ifo Institute said Monday.

MT Newswires04:25 ET

EUR/JPY Attracts Some Sellers Below 170.50 Amid BoJ Rate Hike Hopes

EUR/JPY trades on a softer note around 170.25 in Monday’s early European session, down 0.67% on the day.

FXStreet03:28 ET

Bank of Japan suspected market intervention, rare large-scale withdrawal of short-selling camp by hedge funds for over ten years.

During the week ending on July 16, the net short positions of Japanese yen in leveraged funds decreased by 38,025 contracts, the largest reduction since March 2011.

Zhitong Finance00:15 ET

Japanese Yen Declines Despite Rising Odds of BoJ Raising Interest Rates

The Japanese Yen (JPY) remains weak on Monday, extending its losing streak to a third consecutive session.

FXStreet23:19 ET

Japan's Core Inflation Perks Up, Keeps BOJ Rate Hike Hope Alive

The core consumer price index (CPI), which strips away the effect of volatile fresh food prices, rose 2.6% in June from a year earlier, slightly below market forecasts for a 2.7% gain.

Business Today22:23 ET