Monthly Archives: July 2025
Retail sales in Italy declined by 0.4%, with varied performance across different product categories and distributions
Written on July 4, 2025 at 7:19 pm, by
Italy’s retail sales fell 0.4% in May 2025; annual growth slowed; online sales also declined.
Germany’s construction sector is contracting, though declines have slowed, particularly affecting residential activity
Written on July 4, 2025 at 6:49 pm, by
Germany’s construction slump eased slightly, but residential downturn and rising costs continue to dampen sector confidence.
Concerns over tariffs and ECB comments lead to EUR/USD recovering as the US Dollar weakens
Written on July 4, 2025 at 6:43 pm, by
Euro gains as post-NFP Dollar strength fades; ECB steady on rates, amid US tariff and fiscal concerns.
China announces final decision on EU brandy, imposing duties reaching 34.9% over five years
Written on July 4, 2025 at 6:18 pm, by
China withholds support for cognac deal, tying it to EU negotiations over electric vehicle import tariffs.
In June, India’s foreign exchange reserves increased from $697.94 billion to $702.78 billion
Written on July 4, 2025 at 6:13 pm, by
India’s forex reserves rise; gold steady; EUR/USD, GBP/USD stable amid thin trade and geopolitical developments.
Despite an encouraging NFP report, the USD struggled, while JPY remained driven by risk sentiment
Written on July 4, 2025 at 5:49 pm, by
USDJPY rose post-NFP surprise, but weak wages trimmed gains; charts show mixed momentum amid key levels.
As tariff concerns mount, the Dollar Index retreats from recent highs to below 97.00
Written on July 4, 2025 at 5:43 pm, by
US Dollar weakens amid tariff concerns, rising debt, and economic uncertainty following strong payrolls and policy shifts.
European indices opened lower, influenced by cautious sentiment regarding tariffs and US market closure
Written on July 4, 2025 at 5:18 pm, by
European stocks opened lower amid U.S. holiday, with markets cautious ahead of possible August tariff hikes.
According to UOB Group’s analysts, USD/CNH may trade within 7.1600 to 7.1750 range
Written on July 4, 2025 at 5:13 pm, by
USD remains in range-bound trading; resistance at 7.1790 holds, suggesting momentum for further rise is limited.
In June, Switzerland’s unemployment rate rose to 2.9%, following a downward revision for May
Written on July 4, 2025 at 4:48 pm, by
Switzerland’s unemployment rate rises slightly to 2.9% in June, reflecting broader global labour market challenges.
