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Highlights include US CPI and Retail Sales, UK CPI and Jobs report, China trade and GDP, Aussie Jobs, and CPI from Canada and Japan. Newsquawk Week Ahead: Highlights 14-18th July 2025 MON: EU 90-Day Retaliatory Pause Ends; Indian WPI (Jun), Chinese Trade Balance (Jun) TUE: OPEC MOMR; Chinese House Prices (Jun), Retail Sales (Jun), GDP (Q2), German WPI (Jun), EZ Industrial Production (May), German ZEW (Jun), US CPI (Jun), NY Fed Manufacturing (Jul), Canadian CPI (Jun) WED: UK CPI (Jun), EZ Trade (May), US PPI (Jun), Industrial Production (Jun) THU: Japanese Trade Balance (Jun), Australian Unemployment (Jun), UK Unemployment…
An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.
A few hours ago, the US President published a letter to Canada to inform them of the introduction of 35% tariffs from 1 August. As usual, he justified this by citing the large quantities of fentanyl allegedly entering the US from Canada. Added to this was the fact that Canada had reacted to earlier tariffs, which Trump does not usually tolerate, Commerzbank’s FX analyst Michael Pfister notes. Multi-month downward trend in USD/CAD may stop”Following the announcement, the Canadian dollar understandably depreciated significantly. It only recovered somewhat after reports emerged that USMCA-compliant goods would be exempt from the higher tariffs. However,…
Apple shares and big bank earnings are in focus as stocks hit another record.
The US Dollar holds steady above 97.50 after modest losses during Asian trading hours.US Initial Jobless Claims dropped to 227,000, but Continuing Jobless Claims rose to their highest level since 2021.The June FOMC Meeting Minutes indicate that most officials support a rate cut later this year.Momentum indicators suggest a weak recovery, with the RSI still below 50 and the MACD improving somewhat.The US Dollar (USD) holds its footing on Thursday after a weak start to the day, as investors digest fresh tariff threats from US President Donald Trump.The US Dollar Index (DXY), which measures the value of the Greenback against…
Analysts at LightShed think Apple would benefit from a CEO more focused on the product side of the business — or it risks missing out on the AI boom.
The Pound Sterling falls marginally to near 1.3580 against the US Dollar as Trump vows to push forward with new tariffs.Trump prepares to announce new tariff rates for over seven nations and indicated his intention to impose levies on copper and pharma products.Rising UK gilt yields pose long-term fiscal risks for the economy.The Pound Sterling (GBP) edges lower to near 1.3580 against the US Dollar during European trading hours on Wednesday, with the GBP/USD pair broadly stable after United States (US) President Donald Trump threatened a series of new tariffs on Tuesday.At the time of writing, the US Dollar Index…
If you’re like many U.S. consumers, you’re more worried now about money.
The Euro remains capped below 1.1730 with investors still wary of risk.The lack of progress in the Eurozone-US negotiations poses headwinds to a significant Euro recovery.The market focus shifts to the FOMC minutes, looking for further guidance for USD crosses.The EUR/USD pair is posting moderate losses on Wednesday, nearing the bottom of the weekly range, as investors remain wary of risk after US President Donald Trump announced new tariffs on copper and pointed to significant restrictions on pharmaceuticals.The Euro (EUR) is accelerating its decline ahead of Wednesday’s US session opening. Failure to extend above 1.1730 earlier on the day has…
The lack of full metrics make it difficult to assess any claims of service enhancements, analysts said