Japan Foreign bond investment increased to ¥817.9B in July 2 from previous ¥-293.4B

Japan Foreign investment in Japan stocks rose from previous ¥-299.8B to ¥74.3B in July 2

Trade tensions have gathered steam – ANZ

Analysts at ANZ  Bank New Zealand Limited explained that trade tensions have gathered steam. Key Quotes: "Trade tensions have gathered steam with news that the US is preparing an additional USD200bn in tariffs on Chinese products." "China does not import enough from the US t ...

White House officials hold discussions with China, open to more

White House officials have confirmed that they have held talks with China regarding trade, though details have been thin. The Trump administration has stated that it is open to further talks with China, but China must first address longstanding US trade concerns. Given that the US' concern ...

United Kingdom RICS Housing Price Balance above forecasts (-2%) in June: Actual (2%)

Fitch: ongoing NAFTA uncertainty raising US trade risks

According to Fitch Ratings, the continued uncertainty over the restructuring of NAFTA with the US at the helm is increasing trade risks for US states, who could see higher export tariffs under WTO rules if NAFTA falls apart. Key highlights Uncertainty surrounding NAFTA renegotiations could elevat ...

New Zealand Food Price Index (MoM): 0.5% (June) vs 0%

AUD/USD continues to soften, pummeled by trade angst

Aussie on the decline as risk appetite continues to sour on trade tensions. US CPI readings will be the key data event for Thursday. The AUD/USD has stepped into 0.7360 following Wednesday's decline, and is heading into the overnight session with a firm bearish bias as the Greenbac ...

USD/CAD made a significant turnaround: staying long – TDS

Analysts at TD Securities explained that after a knee-jerk move lower following the BoC rate hike, USD/CAD made a significant turnaround. Key Quotes: "Given the escalation in global trade tensions and a curve already reflecting "gradual" tightening suggests that the CAD's retur ...

Key US data supporting the US dollar higher – Nomura

Analysts at Nomura explained the key data points that supported the dollar's advance across the board. Key Quotes: "Review PPI: PPI inflation came in at 0.3% m-o-m in June after registering 0.5% m-o-m in May. Excluding volatile food, energy and trade prices, PPI inflation was at 0.3 ...

Peru stocks lower at close of trade; S&P Lima General down 1.55%

Investing.com – Peru stocks were lower after the close on Wednesday, as losses in the Mining, Industrials and S&P Lima Juniors sectors led shares lower. At the close in Lima, the S&P Lima General lost 1.55%. The best performers of the session on the S&P Lima General were Candente Copper ...

Crude Oil WTI: Oil finds a floor at 70.00 after nearly 5% decline

Crude oil is about to close the day printing a loss of about 4.66% which is not seen since mid-June.  The crude oil sell-off was climactic and broke below the lower trendline of the bear channel as it reached $69.98 a barrel. It might be reasonable to expect some profit-taking an ...

Renewed focus on trade tensions weighed on market sentiment – TDS

Analysts at TD Securities explained that a renewed focus on trade tensions weighed on market sentiment after the US detailed another $200bn of Chinese imports targeted for tariffs.  Key Quotes: "The S&P 500 ended the session down 0.7%, mirroring the decline in the TSX." ...