News
China: Q2 growth slowdown raises policy pressure – Commerzbank
1+ hour, 2+ min ago (357+ words) Commerzbank’s Dr. Henry Hao notes that China’s Q2 2026 GDP growth slowed to 4.3% year-on-year, below Beijing’s 4.5%-5% target and consensus expectations. Fixed-asset investment contracted sharply, while June industrial output and retail sales surprised on the upside. With H1 GDP at 4.7%, policymakers face mounting pressure…...
Bitcoin climbs above $65K on reduced inflation and Clarity Act boost
34+ min ago (675+ words) Bitcoin rose above the $65,000 mark on Wednesday after the latest US wholesale inflation data came in cooler than expected. The Producer Price Index (PPI) fell 0.3% in June from the previous month, marking its largest monthly decline since April 2025. On an…...
China slowdown worse than expected on weak domestic demand
13+ hour, 4+ min ago (951+ words) China's growth slowed to 4.3% year-on-year in the second quarter, the slowest quarterly pace since the pandemic. Though June saw better industrial production and retail sales, the investment slump worsened. Weak domestic demand also weighed on overall momentum. Growth remains within…...
Dow Jones toasts peak inflation, then drops the glass
3+ hour, 26+ min ago (495+ words) The Dow Jones Industrial Average spent most of Wednesday rewarding the disinflation trade and the final two hours dismantling it. A surprise negative June wholesale inflation print at 12:30 GMT set off a grind that stretched 370 points to a session high…...
BoC in focus, risk on
10+ hour, 32+ min ago (261+ words) FXStreet Important news this weekWed, 15th, 14:30 CET US Core Producer Price Index.Wed, 15th, 15:45 CET CA BoC rate Statement.Wed, 15th, 16:00 CET US Fed Chairman Warsh Testifies Before Senate.Thu, 16th, 08:00 CET UK Gross Domestic Product.Risk-on sentiment returns as Dollar weakensRisk appetite has…...
United States EIA Crude Oil Stocks Change came in at -1.693M, above forecasts (-2.6M) in July 10
5+ hour, 54+ min ago (113+ words) Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market. Find independent, trusted reviews and choose your perfect…...
Cryptos exit month-long ranges, can the breakout hold?
6+ hour, 14+ min ago (791+ words) After more than a month of range trading within breathing distance of yearly lows, major cryptocurrencies have regained momentum as Tuesday's lower-than-expected US inflation data prompted investors to scale back Fed rate hike bets, supporting risk assets and helping propel…...
Japanese Yen: Policy urgency and mixed data – BNY
5+ hour, 33+ min ago (260+ words) BNY’s Geoff Yu highlights Japanese Prime Minister Sanae Takaichi’s warning that Japan must build a strong economy now, rejecting claims that an economic blueprint drove the JGB selloff. He notes machinery orders weakness but a moderate recovery trend, alongside firmer…...
Euro: Energy risks cap upside against US Dollar – ING
5+ hour, 53+ min ago (389+ words) Chris Turner at ING says EUR/USD rallied on softer US CPI but warns that rising Oil and European natural gas prices limit upside. He expects EUR/USD to struggle above 1.1460/70 and potentially retreat toward 1.1360/80 if Oil gains another leg…...
US Dollar: Limited downside after CPI – BBH
6+ hour, 10+ min ago (357+ words) Brown Brothers Harriman’s Elias Haddad notes the Dollar has steadied after its post-CPI slide, with US economic outperformance, a higher-for-longer Federal Reserve stance and strong foreign demand for US securities limiting further downside. Upcoming Fed Beige Book and several Fed…...