Tag: july
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Japan’s wholesale inflation stays hot, bolstering odds of September BOJ hike
TOKYO, Aug 13 : Japan’s annual wholesale inflation remained elevated in July, data showed on Thursday, highlighting broadening price pressures and reinforcing market expectations of an interest rate hike in September.The data came in the wake of growing hawkish communication from the Bank of Japan including a
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Japan’s wholesale inflation spikes in July, bolsters rate-hike chance
TOKYO, Aug 13 : Japan’s annual wholesale inflation continued its surge in July, data showed on Thursday, highlighting broadening price pressures and reinforcing market expectations of an interest rate hike in September.The producer price index rose 7.2 per cent in July from a year earlier, after a revised 7.3
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Hedge funds upped short AI bets in July, Hazeltree says
LONDON, Aug 12 : Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw chipmaker shares tumble around the world Here are some details about hedge fund positioning in July:• Hedge funds incr
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Ocean heat records broken as hottest July temperature recorded
Global oceans recorded their hottest July on record, partly fuelled by developing El Niño conditions, as wildfires continue to ravage western Europe.
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Western Europe records hottest June and July on record
Drought is gripping large parts of Europe, with soils unusually dry and major rivers running low. A strengthening El Nino could push global temperatures even higher later this year.
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England, Wales had driest July on record: Met Office
The Met Office said England received just 10 per cent of its average July rainfall, with little rain expected in the coming week.
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Vietnam July trade deficit widens, driven by higher fuel costs
HANOI, Aug 3 : Vietnam posted a trade deficit of $3.587 billion in July, wider than June’s $2.64 billion gap, while consumer prices rose 4.45 per cent from a year earlier, compared with 4.69 per cent the previous month, government data showed on Monday.Goods exports in July rose 25 per cent from a year earlie
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Germany news: Unemployment tops 3 million as industry slumps
Over three million people are currently unemployed in Germany, with 1.1 million drawing unemployment checks, authorities say. Also, sales of air conditioners have doubled as heat continues to crush cities. DW has more.
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Japan may have sold $58.97 billion in yen-buying intervention
TOKYO, July 31 : Japan may have sold as much as $58.97 billion in its latest efforts to bolster its currency, central bank data indicated on Friday, signalling repeated efforts to stem the yen’s weakness.The Bank of Japan’s projection for money market conditions for the following day suggests a 8.2 trillion y
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Annual core inflation in Japan’s capital accelerates in July
TOKYO, July 31 : Annual core inflation in Japan’s capital accelerated in July, data showed on Friday, a sign of broadening price pressures from the Middle East conflict that keeps the central bank on track to consider further raise interest rates.Separate data showed factory output rose in June, and manufactu
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