Interest Rates and Currencies: US Interest Rates Rise

Japanese exports increased 6.7% in June from the same month of the previous year. Expected a rise of 7.0%. Imports rose at the same time lower than expected, to 2.5% against 5.3% expected.

Japan's foreign trade generated a seasonally adjusted surplus of 66.2 billion yen in June, compared to a deficit of 300.2 billion yen in the previous month (-296.8).

Capital Economics writes in a comment that the increase in net exports is expected to support growth in the second quarter. Growth in import volumes over three months is the lowest since 2016, suggesting that domestic demand is not as strong as last year.

The Central Bank of Japan has reduced the size of bond purchases since January. "It's a countermeasure for the interest rate curve to begin to flatten," said Bloomberg, Satoshi Shimamura

The yen is slightly strengthened against the dollar on Thursday, from the closing levels of yesterday. after employment rose by 50,900 people, compared with an expected increase of 17,000.

The US economy continued to grow at a moderately moderate pace across the country .

It appears from the US Federal Reserve Regional Economic Report of the Federal Reserve, Beige Book, released Wednesday night.

All builders in all districts expressed concerns about tariffs and in many districts higher prices and supply interruptions were reported, which could be a result of the new policy. commercial. ", it is mentioned in the Beige Book.

The flags of the dollar against the euro and the crown in the morning.

The pound sterling, which dropped to the lowest levels by report to the dollar 10 months after lower data from the CPI on Wednesday, recouped the decline on Wednesday and Thursday morning and traded to levels before the release of the CPI. Severe drought in Sweden in recent weeks could increase inflation, said Olle Holmgren, analyst of SEB at Bloomberg

"The most sharp effect on inflation is that low water supplies are pushing up energy prices. "[19459011] According to Holmgren weather conditions will keep inflation above 2% until early 2019.

After much criticism with regard to the ironic statement of US President Donald Trump at the press conference with Russian President Valdimir Putin. On Monday, Trump said Wednesday that he was holding Putin personally accountable for Russia's involvement in the US presidential election in 2016.

"As the leader of a country, we have to hold him to account, "said Trump. officially recognize intelligence information on Russia's participation in the election at a meeting with Putin in Helsinki. 59011] The agenda of Thursday, the highlight is the manufacturing index of the Federal Reserve of Philadelphia in the region.