In the new Monthly Economic Report, the Japanese Government continues to observe that the economy is "recovering at a moderate pace", even though it's "pausing in part". A significant shift in this report is the revised perspective on exports, now viewed as "appearing to be pausing for picking recently". The report also calls for heightened vigilance regarding the economic repercussions of the 2024 Noto Peninsula Earthquake.
Commodity currencies bounces in early US session, spurred by unexpectedly robust US GDP data that has invigorated stock futures. This surge in risk appetite is exerting some pressure on Dollar, although the impact remains relatively contained for the moment. The sustainability of this risk-on sentiment is still in question, which will be critical for the next move in currencies too. Yen, meanwhile, is also rebounding, benefiting from retreat in benchmark US and European treasury yields. Despite these movements, major currency pairs involving the Yen remain within familiar ranges, indicating ongoing market caution.
Capital importation falls 73% to $230m vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
FG s oil revenue target drops to N223m from N804m in May - Report thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.