US Lighthizer: Further tariffs on $200 billion of Chinese imports – Reuters

As reported by Reuters, US Trade Representative Robert Lighthizer formally announced that the US will be seeking further tariffs on $200 billion USD of Chinese imported goods after both countries enacted round-turn tariffs on each other Friday. Key quotes "U.S. Trade Representative Rober ...

Japan Machinery Orders (YoY) came in at 16.5%, above expectations (8.6%) in May

Japan Machinery Orders (MoM) above forecasts (-5.5%) in May: Actual (-3.7%)

Japan Domestic Corporate Goods Price Index (YoY) in line with forecasts (2.8%) in June

Japan Domestic Corporate Goods Price Index (MoM) registered at 0.2% above expectations (0.1%) in June

Forex today: a positive risk tone until Trade war noise hit early Asia

Forex today was coming with a positive risk tone. US 10yr treasury yields climbed up from 2.86% to 2.87% and the  2yr yields popped from 2.56% to 2.58%, making for an impressive stance and just shy of the decade's high. Trump administration is reportedly planning to publish a list o ...

GBP/JPY Technical Analysis: Guppy taking a step back on trade concerns

Guppy knocking back on renewed risk aversion as US-China trade war ramps up. Higher timeframes show the pair marking in higher highs, buyers likely to make a resurgence near Fibo retracement levels. Tuesdays first-ever monthly GDP reading came in at expectations (0.3%), but Manufacturing an ...

Bank of Canada is widely expected to deliver a 25b – TDS

Analysts at TD Securities explained that the Bank of Canada is widely expected to deliver a 25bp hike.  Key Quotes: "The Bank should reiterate that hikes will be gradual and guided by incoming data, but we do not expect additional forward guidance. Though GDP and CPI forecasts should b ...

South Korea Unemployment Rate down to 3.7% in June from previous 4%

AUD/JPY Review: Aussie stumbling back to 82.00 on trade war fears

Aussie free-falling as markets pile into safe-havens on renewed trade fears. Tariff angst is ramping up as the US prepares to announce more tariffs on Chinese goods. The AUD/JPY is falling back amidst a resurgence in trade war fears following headlines that the US is likely to be announcin ...

NZD/USD: bulls losing grip below the 21-D SMA

Kiwi toppled, as headlines have come with news whereby the Trump administration is reportedly planning to publish a list of 'new' tariffs that are to be imposed on $200 billion worth of Chinese goods. NZD/USD Support comes as 0.6770 and resistance comes as 0.6860. NZD/USD i ...

AUD/USD loses sight of 0.75 as trade fears return

The Aussie is seeing renewed selling as the US steps up trade barriers with China. Macro data due early for Wednesday could extend the slide if readings are poor. The AUD/USD is sharply lower heading into Wednesday's Asia trading session, knocking back into 0.7425 on the back of headline ...

Risk appetite was positive in London and NY trade – Westpac

Analysts at Westpac have explained that risk appetite was positive in London and NY trade, equities and bond yields mostly higher. Key Quotes: "European equities rose and the S&P 500 gained for a fourth straight day, with most chatter about Q2 earnings season rather than trade tensions ...

USD/JPY back below the 111 handle on fresh trade war angst

Trump administration is reportedly planning to publish a list of 'new' tariffs that are to be imposed on $200 billion worth of Chinese goods. We have NATO coming up this week and trade war angst is bound to take a front seat again. Meanwhile, there has otherwise been an upbeat tone o ...

Peru stocks lower at close of trade; S&P Lima General down 0.38%

Investing.com – Peru stocks were lower after the close on Tuesday, as losses in the Mining, Banking&Financials and Non-Metal Minerals sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.38%. The best performers of the session on the S&P Lima General were Andino ...