Trade tensions: too early to change view on US/global economy – J.P. Morgan

Analysts at J.P. Morgan explained that while trade tensions remain as a downside risk to growth and source of volatility for capital markets, we find it too early to change our constructive view of the U.S. and global economy.  Key Quotes: "Tariffs enacted so far have been limited i ...

Japan JP Foreign Reserves up to $1258.7B in June from previous $1254.5B

Japan Overall Household Spending (YoY) came in at -3.9%, below expectations (-1.5%) in May

Bank of America Merrill Lynch: reasons for the USD/JPY’s resilience

Bank of America Merrill Lynch (BofA) analysts are out with a quick note on their reasoning behind the USD/JPY pairing's strength compared to broader markets. According to BofA analysts, the Fed's current tightening policy is bolstering the US Dollar, while Japan is seeing a record rate o ...

Australia AiG Performance of Construction Index: 50.6 (June) vs previous 54

Fed is getting more worried about trade wars – Nordea

Andres Svendsen, an analyst at Nordea Markets explained that the Fed is getting more worried about trade wars even if actual projections are still little changed. Key Quotes: “Most participants noted that uncertainty and risks associated with trade policy had intensified and were concerne ...

Peru stocks higher at close of trade; S&P Lima General up 1.17%

Investing.com – Peru stocks were higher after the close on Thursday, as gains in the S&P Lima Juniors, Banking&Financials and Non-Metal Minerals sectors led shares higher. At the close in Lima, the S&P Lima General added 1.17%. The best performers of the session on the S&P Lima ...

Asian open: markets traded with a moderately upbeat tone – TDS

Analysts at TD Securities, (TDS), explained that markets traded with a moderately upbeat tone ahead of a new round of tariffs on $34bn of Chinese imports, scheduled to go into effect at midnight ET. Key Quotes: "US equities extended a rally from the European session (SPX: +0.8%) while the TS ...