17:07:15
Philippine President Marcos: We remain committed to global decarbonization goals.
17:06:20
Market news: The Bank of Japan is reported to be considering raising its CPI forecast for this fiscal year to about 2.5%. The Bank of Japan is skeptical about the upward price momentum.
17:04:47
UK 20-year gilt yields fell to their lowest level since May 22 at 4.347%, down 12 basis points from the previous day.
17:04:31
Deputy Chairman of the Russian Federation Security Council Medvedev: Russia needs to launch attacks in unexpected places.
16:58:05
Philippine President Marcos: The visit of foreign investors brought investment commitments of PHP 3.9 trillion.
16:55:15
Philippine President Marcos: Plans to introduce more tax structural reform measures.
16:54:31
WTI crude oil stood at $77/barrel, up 0.33% on the day.
16:39:30
British Housing Secretary Gove: The current government will achieve the goal of building 1 million new homes during the current parliament.
16:38:03
The euro against the U.S. dollar EUR/USD fell more than 0.50% on the day and is now at 1.1071.
16:24:20
Tesla ( TSLA.O ) fell 2% premarket after UBS downgraded its rating to neutral.
16:21:02
Pakistani Prime Minister: Pakistan will import LNG from Azerbaijan for a period of one year.
16:20:45
Pakistani Prime Minister: Due to the agreement with the IMF, we have to increase the price of electricity, but the price increase will not affect the poor.
16:20:00
UK manufacturing and services PMIs for July are due in ten minutes.
16:19:20
UBS: downgraded Tesla (TSLA.O) rating from buy to neutral, raised target price from $220 to $270.
16:12:52
Reminder: President Marcos of the Philippines is delivering his State of the Union address.
16:12:40
Philippine President Marcos: The macroeconomic fundamentals and the financial system are strong.
16:12:30
Philippine President Marcos: We are stabilizing the prices of all key commodities.
16:12:18
Philippine President Marcos: The inflation rate is moving in the right direction.
16:11:51
The financial website Forexlive commented on the Eurozone PMI data: On the whole, the overall PMI data in the Eurozone does not seem to be as dire as the German PMI data showed earlier. Manufacturing, however, remained in recession, with services sector activity unable to offset the impact that drove the euro zone into the third quarter in this state. Business activity is currently contracting, raising fears of a recession in the second half of the year.
16:06:23
GBP/USD turned lower on the day and is now at 1.2849, on track for a seventh straight session of losses, the longest losing streak since March 2020.
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