USDCNY has risen to an upper bound of the trading band, and the CNY is facing depreciation pressure. Officials have communicated that they prefer a stable yuan, and the PBoC has kept the fixing stable ...

The U.S. services sector contracted in March, while a measure of prices paid by businesses for inputs jumped, a worrisome sign for the outlook on inflation. The Institute for Supply Management (ISM) ...

Goolsbee: the More Jobs Report That Look Like They Did Pre-Covid the More Confidence There’s That the Economy is Not Overheating ...

Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country’s policymakers if the yen ...

Federal Reserve Governor Michelle Bowman said inflation will likely remain elevated for “some time,” but added she still anticipates price gains will eventually cool with interest rates held at ...

The yen rallied after a weaker-than-expected US jobs report spurred bets for earlier interest-rate cuts from the Federal Reserve and weighed on the dollar, easing speculation Japan may step into the ...

Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020, ...

In March 2024 the number of both employed and inactive people rose, while unemployed persons fell. On a monthly basis, the increase in employment (+0.3%, +70 thousand) affected both men and women and ...

In March 2024, output decreased over a month in the manufacturing industry (‑0.5% after +1.0% in February 2024) and in the whole industry (‑0.3% after +0.2%). In March 2024, production fell back in ...

The global economy is continuing growing at a modest pace, according to the OECD’s latest Economic Outlook. The Economic ...

On Friday (May 3), the Australian Judo Bank Services PMI put the AUD/USD in focus early in the session. The Judo Bank Services PMI declined from 54.4 to 53.6 in April, down from a preliminary 54.2.

Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday. The highest consumer price increases year-on-year were ...