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US and Japan reach trade deal, Ishiba set to resign, yen steady

Japanese Prime Minister Ishiba is expected to resign next month, as the fallout continues from Sunday's parliamentary election. The US and Japan announced they have reached a trade agreement, in which the US will impose a 15% tariff on Japanese goods.

23-07-2025 09:50 GMT by Kenneth Fisher

BOE's Bailey tells Reeves - hands off banking system

BoE Governor Bailey warned the UK government not to tamper with the banking system structure. Bailey was responding to criticism from Finance Minister Reeves, who has urged financial regulators to ease up on regulations in order to boost growth and investment.

22-07-2025 15:30 GMT by Kenneth Fisher

RBA minutes hawkish, Australian dollar steady

The RBA released the minutes of its July meeting, when it shocked the markets by holding rates and not cutting. The money markets widely expect the RBA to cut in August.

22-07-2025 14:10 GMT by Kenneth Fisher

BoJ sees little impact on policy due to election, yen dips

Japanese Prime Minister Ishiba has vowed to stay in power despite the election drubbing which saw the coalition lose its majority in parliament. A report that the election result will not affect BoJ policy pushed the yen lower.

22-07-2025 10:05 GMT by Kenneth Fisher

New Zealand CPI lower than expected, New Zealand dollar under pressure

New Zealand's CPI report was a mix. Annual CPI rose to 2.7% from 2.5, but quarterly, CPI eased to 0.6% from 0.9%. There is a strong chance that the RBNZ will lower rates at its Aug. 20 meeting.

21-07-2025 15:51 GMT by Kenneth Fisher

Japan's coalition loses majority, yen higher

Japan's ruling coalition suffered a major defeat, losing its majority in parliament. The result was not a surprise and the yen has strengthened on Monday. Prime Minister Ishida is clinging to power, which could hamper Japan's position as it tries to reach a trade deal with the US and avoid further tariffs.

21-07-2025 08:35 GMT by Kenneth Fisher

New Zealand dollar rebounds, CPI projected to rise

The New Zealand dollar is up sharply on Friday, after posting losses in four of the past trading days. New Zealand releases Q2 inflation on Monday, which is expected to rise to 2.8% y/y from 2.5%.

18-07-2025 13:00 GMT by Kenneth Fisher

Japan's core CPI cools as expected

Japan's headline and core CPI both eased to 3.3% in June. There are elections to the Upper House of Parliament on Sunday and the ruling coalition could lose its majority.

18-07-2025 09:50 GMT by Kenneth Fisher

UK employment,wage growth falls, US retail sales shine

In the UK, the labor market is showing cracks as payroll employees and wage growth fell, while the unemployment rate rose. US retail sales surprised on the upside, with a gain of 0.6%. This easily beat the consensus of 0.1% and follows two consecutive declines.

17-07-2025 15:10 GMT by Kenneth Fisher

US retail sales shine, Dollar-Yen jumps, Japan inflation expected to ease

US retail sales surprised on the upside, with a gain of 0.6%. This easily beat the consensus of 0.1% and follows two consecutive declines. USD/JPY has responded with gains. Japan releases inflation on Friday, with both CPI and headline CPI expected to ease in June.

17-07-2025 14:10 GMT by Kenneth Fisher

Australian dollar sinks on soft employment report, US retail sales loom

Australia's employment report was much softer than expected. Job growth barely grew and the unemployment rate rose for the first time in five months. The Australian dollar has responded with sharp losses and is down almost 1% today.

17-07-2025 11:00 GMT by Kenneth Fisher

UK inflation heats up, Pound shrugs

UK CPI and core CPI rose in June and were higher than expected. Still, the money markets widely expect a rate cut at the August meeting, as the UK economy is struggling and badly needs relief in the form of a rate cut.

16-07-2025 09:45 GMT by Kenneth Fisher

Breaking News: UK Inflation Hits 3.6% Beating Forecasts, GBP Bid

UK inflation reaches 3.6%, exceeding forecasts, as the GBP strengthens. However, the labor market and growth outlook present ongoing challenges for the UK economy. When will the Bank of England cut rates?

16-07-2025 06:40 GMT by Zain Vawda

Pound under pressure ahead of US, UK inflation reports

US inflation is expected to rise in June, which would mean that the Trump tariffs are finally making their bite felt in the form of higher inflation. The UK releases inflation on Wednesday, with both the headline and core rates expected to remain unchanged.

15-07-2025 11:30 GMT by Kenneth Fisher

Canadian dollar on hold ahead of Canada, US CPIs

Canada and the US will both release the June CPI report later. If US inflation rises as is expected, fingers will pointing at President Trump's tariffs as the driver for boosting inflation.

15-07-2025 09:50 GMT by Kenneth Fisher

Japanese yen stable after dismal week

The BoJ meets on Juy 31 and is expected to hold rates. The markets will be interested in the updated inflation forecast, which could be updated higher.

14-07-2025 16:00 GMT by Kenneth Fisher

Australian dollar eyes China GDP

China relaeases GDP on Tuesday, with a market estimate of 5.1% for the second quarter, compared to 5.4% in Q1. China's industrial production and retail sales are both expected to slow in June. Australia releases consumer sentiment on Tuesday, with a consensus of 0.4%.

14-07-2025 13:25 GMT by Kenneth Fisher

Canada's job growth shines but Canadian dollar shrugs

Canada's job growth surprised on the upside in June, with a stellar gain of 83.1 thousand. The unemployment rate dropped for the first time since January. The strong numbers have lowered expectations that the BoC will lower rates at the July 30 meeting.

14-07-2025 10:30 GMT by Kenneth Fisher

Markets weekly outlook - Inflation Storm Ahead as Earnings Season Gets Underway

Weekly outlook: July 9 tariff deadline passes, uncertainty persists. Gold surges amid new tariffs on Japan, S. Korea, Canada & copper. S&P 500, Nasdaq, Dow dip. Q2 earnings season begins; US & China inflation data due.

11-07-2025 17:05 GMT by Zain Vawda

Canada's job market expected to flatline, Canadian dollar under pressure

Canada releases the June employment report later today. Job growth is expected to flatline and a weak reading will raise expectations of a rate cut from the Bank of Canada.

11-07-2025 09:40 GMT by Kenneth Fisher

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