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Japanâs Katayama: Ready to take decisive action on foreign exchange as needed
Japanese Finance Minister Satsuki Katayama reiterated on Thursday that his government was âready to take decisive action on foreign exchange as needed.â
Australia Part-Time Employment: 47K (June) vs 35.2K
Australia Part-Time Employment: 47K (June) vs 35.2K
Australia Employment Change s.a. came in at 76.3K, above expectations (15K) in June
Australia Employment Change s.a. came in at 76.3K, above expectations (15K) in June
Australia Participation Rate above expectations (66.7%) in June: Actual (67%)
Australia Participation Rate above expectations (66.7%) in June: Actual (67%)
Australia Unemployment Rate s.a. in line with forecasts (4.4%) in June
Australia Unemployment Rate s.a. in line with forecasts (4.4%) in June
Australia Full-Time Employment climbed from previous 5.2K to 29.3K in June
Australia Full-Time Employment climbed from previous 5.2K to 29.3K in June
PBOC sets USD/CNY reference rate at 6.7906 vs. 6.7933 previous
The Peopleâs Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7906 compared to the previous day's fix of 6.7933 and 6.7712 Reuters estimate.
Canadian Dollar holds gains vs soft USD as rallying oil prices counter trade risks
The USD/CAD pair remains on the defensive below the 1.4100 mark during the Asian session on Thursday amid a combination of factors.
WTI climbs above $87.00 as Middle East conflict threatens key choke points
West Texas Intermediate (WTI) oil price extends gains for the fifth consecutive day, trading around $87.30 per barrel during the Asian hours on Thursday. Crude oil prices surged as escalating Middle East tensions stoked fears of widespread supply disruptions.
Japanese Yen strengthens on BoJ hawkish signals, intervention risks
The USD/JPY pair edges lower to near 163.10 during the early Asian session on Thursday. However, the Japanese Yen (JPY) remains near a four-decade low as fiscal concerns weigh on the domestic currency. Traders are on high alert for possible intervention from Japanese authorities.Â
Yemenâs Houthis say they targeted two Saudi oil tankers
The Houthis, the Iran-backed group in Yemen, on Thursday claimed an attack on two Saudi oil tankers transiting through the Red Sea, identified as ENCELA and LAYLIA, saying the vessels violated âthe ânaval blockade imposed âby the group on Monday, the Guardian reported.Â
Iran warns of âeye for an eyeâ response if US carries out Trumpâs threat
Iranâs Foreign Minister Abbas Araghchi said that Tehran would respond in kind to any attack on its infrastructure after US President Donald Trump threatened to bomb a bridge or power plant for every ship targeted in the Strait of Hormuz, the Guardian reported on Wednesday.Â
Gold rebounds above $4,100 as buyers return
Gold price (XAU/USD) trades in positive territory around $4,125 during the early Asian session on Thursday. The precious metal extends its recovery as ongoing geopolitical uncertainties continue to underpin safe-haven demand.