South Korea Government Raises 2024 Growth Forecast

South Korea's government has raised its gross domestic product forecast for this year, reflecting brisk exports and solid growth in the first quarter.

WSJ23:30 ET

Will the US employment suddenly deteriorate? On the eve of the non-agricultural employment data, this data is of interest tonight.

Economists predict that the number of initial jobless claims for the week ending June 29 may slightly increase from 233,000 the previous week to 235,000, and this potential upward trend may indicate a cooling job market.

wallstreetcn22:51 ET

South Korea's Official Foreign Reserves Decline in June

South Korea's foreign exchange reserves fell to $412.2 billion as of end-June from $412.8 billion as of end-May, the Bank of Korea said Wednesday.

MT Newswires21:49 ET

Asian Currencies Consolidate; May Weaken on Bets Fed to Keep Rates High for Now -- Market Talk

Asian currencies consolidate against the USD in early trade, but may weaken on bets for the Fed to keep rates high for now.

WSJ21:30 ET

Chicago Fed Chairman: Interest rates should be considered lowered in the coming months due to sustained inflation decline.

Golsby believes that interest rate cuts should be considered in the next few months.

Zhitong Finance18:00 ET

Benefit of the Doubt: US Consumer Confidence and Elections

Despite widespread expectation for the U.S. economy to be in recession in 2024, that fate has been avoided thanks to a resilient U.S. consumer. Yet it is difficult to square this undaunted spending with consumer confidence and sentiment readings that are lackluster at best.

FXStreet16:05 ET