Eurozone goods trade surplus widened from EUR 4.8B last year to EUR 8.6B in June, as exports rose 14.4% y/y to EUR 272.5B and imports increased 13.1% y/y to EUR 264.0B. EU trade surplus, however, narrowed from EUR 5.2B to EUR 3.9B, with exports up 12.5% and imports rising a slightly faster 13.5%. June figures…
On 13 August, the UK Office for National Statistics (ONS) reported that GDP growth slowed to 0.4% quarter-on-quarter in the second quarter, down from 0.6% in the first quarter. The figure was in line with expectations, and the market reaction was relatively muted. The interest-rate backdrop has also remained broadly unchanged for several weeks. On…
Heo Jang, Vice Minister of Economy and Finance, delivers opening remarks at the “Foreign Exchange Soundness Council and MSCI Task Force Meeting” held at the Bank Hall in Jung-gu, Seoul, on the 14th. Photo courtesy of the Ministry of Economy and Finance. South Korea’s daily average spot foreign exchange trading rose more than 10% after…
Image used for representational purposes. File | Photo Credit: Reuters The rupee gained 2 paise to 95.43 against the U.S. dollar in early trade on Friday (August 14, 2026), backed by a weaker greenback overseas. The Indian currency, however, remained under pressure due to the withdrawal of foreign funds from domestic equities and rising crude…
SEOUL, Aug. 14 (Yonhap) — Daily spot transactions in the foreign exchange market rose more than 10 percent following the launch of around-the-clock foreign exchange trading last month, the finance ministry said Friday. The Ministry of Finance and Economy revealed the data during a task force meeting to review the 24-hour trading system for the…
EUR/JPY EUR/JPY made an initial bearish attempt today, but the pair quickly found support and bounced to trade back above its daily opening level. Consequently, price action has contracted, keeping the pair entirely confined within the boundaries of yesterday’s trading range as momentum temporarily stalls. Moving forward, traders will likely remain on the sidelines and…
US initial jobless claims rose from a revised 200K to 209K in week ending August 8, above 202K consensus, adding another mildly softer signal. Increase was 9K on week, while four-week moving average held unchanged at 199K, suggesting latest rise is noticeable but not yet evidence of a sharp deterioration in layoffs. Continuing claims moved…
Amazon’s earnings-driven rally pushed AMZN toward $287, but the subsequent retreat toward $265 highlights growing concerns about massive AI investment, rising capital expenditure, insider selling, regulatory scrutiny and increasingly demanding expectations for future growth. Written by: Skerdian Meta • Thursday, August 13, 2026 • 5 min read • Last updated: Thursday, August 13, 2026 Add…
At the interbank foreign exchange, the rupee opened at 95.40 against the greenback and traded in a range of 95.35-95.48 during the session. It eventually settled at 95.45 (provisional), lower by 12 paise from its previous close. | Photo Credit: Reuters The rupee depreciated 12 paise to 95.45 against the U.S. dollar on Thursday (August…
US dollar stabilizes as September Fed hike bets remain subdued. Market volatility stays low, but thin liquidity could amplify movements. Key UK data could challenge pound strength; euro craves bullish catalysts. Middle East tensions could upset markets; yen weakness persists. Dollar gains, equities trade sideways but bond yields rise It has been a relatively monotonous…