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 Newswires06:27 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

New Zealand Logs Trade Surplus in June as Exports Slip 0.1%, Imports Fall 13%

New Zealand's goods exports fell by NZ$7.4 million, or 0.1%, year over year in June to NZ$6.2 billion, while goods imports fell 13%, or by NZ$821 million, to NZ$5.5 billion compared with June 2023, according to data released Monday by Stats NZ

MT Newswires20:27 ET

NZD/JPY Price Analysis: Continues to Plunge as Sellers Reign Supreme

In Friday's trading session, the NZD/JPY pair extended its losses and slumped to 94.65, marking a 0.50% decline.

FXStreetJul 19 17:18 ET