China plans to boost exports by providing trade-oriented companies with capital and market support, Citing the weekly State Council meeting held Wednesday, the People’s Daily reported this Thursday. Initiatives aim to attract foreign investment through a strengthened political environment and the expansion of the services trade sector. The government stressed …

FX option expiries for July 30 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – USD/JPY: USD amounts          105.00 712m105.55 524m 105.75 500m 106.00 1.9bn

Wifo said on Thursday that the Austrian economy shrank by 10.7% in the second quarter, marking the largest contraction since World War II as the Corona pandemic hit domestic and foreign demand. Wifo, which is complies data for the government, said that the hardest hit sectors are retail, hotels, restaurants, …

Data released by the US Bureau of Statistics and the Bureau of Economic Analysis on Wednesday showed that the United States’ international trade deficit decreased by $ 4.6 billion to $ 70.6 billion in June. “Exports of goods for June were $ 102.6 billion, $ 12.5 billion more than May …

Data from the American Petroleum Institute showed that American oil inventories witnessed a sharp decline last week, contrary to market expectations, as US oil inventories recorded a decrease of 6.8 million barrels over the week ending July 24 to 531 million barrels, while analysts’ expectations indicated that an increase of …

It is expected that the American oil refineries will announce the worst results for the second quarter in ten years, with production exceeding the demand, while the lockdown measures aimed at containing the pandemic of the Covid-19 Virus caused a severe decline in travel in the summer. According to Reuters. …

US equity index futures rose on Wednesday as investors were hoping for support signals from the Federal Reserve while the country faces an increase in the number of new Covid-19 cases. Recent data indicated a possible slowdown in employment with Covid-19 cases higher in California, Florida and Texas, the most …

The European Central Bank asked the eurozone’s banks not to pay dividends to the rest of the year and asked them to accumulate their funds to strengthen defenses against the expected wave of closures. Meanwhile, at the same time, the European Central Bank has given more time to banks to …

Japan’s government expects the economy will contract this year as activity slowly recovers after it was hit by the coronavirus crisis, shile forecasting a return to growth next year, according to Reuters, citing government resources. One of the sources told Reuters that “the government sees GDP shrinking in the current …

AUD/USD is trying to test 15-month highs at 0.7183 for the third consecutive session on Wednesday with support from selling-off in the US dollar. The Australian dollar bounced from its daily low of 0.7149 for a short period after the CPI data came in against expectations in the Q2 in …