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InvestingLive Asia-Pacific FX news wrap: Chinese PMIs disappoint, BoJ on hold as expected
InvestingLive Asia-Pacific FX news wrap: Chinese PMIs disappoint, BoJ on hold as expected
Forex news for Asian trading on Thursday, July 31, 2025
Session wrap
Wrap Asia
Australia Retail Sales for June 2025: +1.2% m/m (expected +0.4%)
Australia Retail Sales for June 2025: +1.2% m/m (expected +0.4%)
This is the data of most relevance from Australia today
Pres. Trump: Powell will probably not cut rates today. Moving along with China/India.
Pres. Trump: Powell will probably not cut rates today. Moving along with China/India.
The Battle continues between the Fed Chair and the President. Suspends the de minimus exemption for commercial shipments.
US Hassett: GDP data shows strong growth
US Hassett: GDP data shows strong growth
Comments from the WH Senior Adviser, Kevin Hassett to CNBC
US GDP Advanced Q2 3.0% versus 2.4% estimate
US GDP Advanced Q2 3.0% versus 2.4% estimate
US GDP higher than expectations, but the mix is not so good. A sharp fall in imports added to growth. Real final sales were moderate at 1.2% - the lowest since Q4 2022.
investingLive European markets wrap: A more muted mood with big events coming up
investingLive European markets wrap: A more muted mood with big events coming up
Market news from the European morning session on Jul 30, 2025
Session wrap
Wrap Europe
Japan lifts all tsunami warnings, downgrades them to tsunami advisories
Japan lifts all tsunami warnings, downgrades them to tsunami advisories
As announced by the Japan Meteorological Agency (JMA)
US MBA mortgage applications w.e. 25 July -3.8% vs +0.8% prior
US MBA mortgage applications w.e. 25 July -3.8% vs +0.8% prior
Latest data from the Mortgage Bankers Association for the week ending 25 July 2025
Eurozone July final consumer confidence -14.7 vs -14.7 prelim
Eurozone July final consumer confidence -14.7 vs -14.7 prelim
Latest data released by the European Commission - 30 July 2025
Eurozone Q2 preliminary GDP +0.1% vs 0.0% q/q expected
Eurozone Q2 preliminary GDP +0.1% vs 0.0% q/q expected
Latest data released by Eurostat - 30 July 2025
China commerce ministry speaks on meeting with US business delegation
China commerce ministry speaks on meeting with US business delegation
This follows a meeting between China's commerce minister and a delegation led by Rajesh Subramaniam, board chair of the US-China Business Council (USCBC), in Beijing
Italy Q2 preliminary GDP -0.1% vs +0.1% q/q expected
Italy Q2 preliminary GDP -0.1% vs +0.1% q/q expected
Latest data released by Istat - 30 July 2025
Switzerland July UBS investor sentiment +2.4 vs -2.1 prior
Switzerland July UBS investor sentiment +2.4 vs -2.1 prior
Latest data released by UBS and CFA Society Switzerland - 30 July 2025
Germany Q2 preliminary GDP -0.1% vs -0.1% q/q expected
Germany Q2 preliminary GDP -0.1% vs -0.1% q/q expected
Latest data released by Destatis - 30 July 2025
China president Xi says will boost consumption and break 'involution'
China president Xi says will boost consumption and break 'involution'
Remarks by China president Xi Jinping after the Politburo meeting earlier today
What are the main events for today?
What are the main events for today?
The main highlights include the US Q2 GDP, the BoC Rate Decision and the FOMC Policy Announcement
market overview
China's Politburo says that economic foundation is stable
China's Politburo says that economic foundation is stable
Remarks by China's top bureaucratic body after their latest meeting
Germany June retail sales +1.0% vs +0.5% m/m expected
Germany June retail sales +1.0% vs +0.5% m/m expected
Latest data released by Destatis - 30 July 2025
Trump to have final say on what becomes of the trade truce extension with China
Trump to have final say on what becomes of the trade truce extension with China
Nothing material was agreed in Stockholm as the can is just kicked down the road once again
Plenty on the economic calendar to keep things interesting in the day ahead
Plenty on the economic calendar to keep things interesting in the day ahead
It's a packed day with plenty of key risk events to watch out for
market overview
Japan Meteorological Agency issues tsunami warnings after Kamchatka earthquake
Japan Meteorological Agency issues tsunami warnings after Kamchatka earthquake
The JMA warns that the tsunami could be expected for more than a day
InvestingLive Asia-Pacific FX news wrap: Earthquake rocks Pacific, Aus CPI, China fiscal
InvestingLive Asia-Pacific FX news wrap: Earthquake rocks Pacific, Aus CPI, China fiscal
News for Asian trading on Wednesday, July 30, 2025
Session wrap
Wrap Asia
China to refocus government investment funds on strategic sectors
China to refocus government investment funds on strategic sectors
To strengthen coordination between national and local government investment funds
Tsunami warnings continue to proliferate following the massive Russian earthquake
Tsunami warnings continue to proliferate following the massive Russian earthquake
Tsunami advisory in effect for California, Oregon, Washington after earthquake off coast of Kamchatka Russia