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Australia TD-MI Inflation Gauge (MoM) increased to 1% in July from previous -0.4%
Australia TD-MI Inflation Gauge (MoM) increased to 1% in July from previous -0.4%
Gold recovers above $4,050 as Trump pauses Iran strikes
Gold price (XAU/USD) attracts some buyers to around $4,060 during the early Asian session on Monday. The precious metal edges higher amid hopes of a breakthrough between the United States (US) and Iran after reports that US President Donald Trump has held off Iran strikes.Â
Breaking: Japanese Yen rises above 155.50 as Japan announces joint intervention with the US
The USD/JPY pair tumbles to near 155.45, the lowest since May 6, during the early Asian trading hours on Monday. The Japanese Yen (JPY) attracts some buyers following reports of more joint intervention by the United States (US) and Japan.Â
Japan’s Mimura: Joint intervention could mark peak of US-Japan currency partnership
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said that joint intervention could mark the peak of US-Japan currency partnership, Reuters reported on Monday.
WTI holds losses near $79.00 amid Middle East peace talks, OPEC+ output expansion
West Texas Intermediate (WTI) crude oil price gains ground after opening with a bearish gap, remaining nearly 7% down to trade around $79.30 per barrel during Asian hours on Monday.
Japan's Katayama says no comment on whether there was FX intervention on Monday
Japan's Finance Minister Satsuki Katayama said on Monday that she has no comment on whether there was foreign exchange (FX) intervention today, Reuters reported.Â
South Korea S&P Global Manufacturing PMI up to 53.1 in July from previous 52.1
South Korea S&P Global Manufacturing PMI up to 53.1 in July from previous 52.1
Japan Jibun Bank Manufacturing PMI registered at 54.5, below expectations (54.7) in July
Japan Jibun Bank Manufacturing PMI registered at 54.5, below expectations (54.7) in July
Japanese Yen softens, traders watch further US-Japan joint currency intervention
The USD/JPY pair recovers some lost ground to near 157.65, snapping the three-day losing streak during the early Asian trading hours on Monday.
Australia S&P Global Manufacturing PMI registered at 52 above expectations (51.7) in July
Australia S&P Global Manufacturing PMI registered at 52 above expectations (51.7) in July
OPEC+ agrees to boost September production by 188,000 barrels per day
The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to boost oil production by 188,000 barrels a day (bpd) from September, against a backdrop of disruption caused by the Mideast war.
Australian Dollar gathers strength to near 0.7050 as Trump cancels Iran strikes
The AUD/USD pair gains ground to near 0.7040 during the early Asian session on Monday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) on improved risk sentiment after the reports that US President Donald Trump holds off Iran strikes.
New Zealand Building Permits s.a. (MoM) climbed from previous -4% to -3.6% in June
New Zealand Building Permits s.a. (MoM) climbed from previous -4% to -3.6% in June