India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations 
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
Trump Announces U.S.–India Trade Deal Cutting Tariffs, Boosting Markets and Energy Ties 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank Indonesia (BI) is expected not to change its current monetary policy stance through 2017 and is keen to preserve the on-going stability in the bond and FX markets. The central bank’s decision to remain on hold in its July monetary policy meeting was widely anticipated, ANZ Research reported.
The decision largely displayed its cautious approach towards monetary tightening by the US Federal Reserve. Though headline inflation has also crept up, the rise has been driven by the phased subsidy reduction on electricity tariffs and seasonal factors. Core inflation continues to remain benign and, of late, household inflation expectations have also softened.
At the same time, growth conditions have remained lacklustre. Though both household and business sentiment has improved, realized activity levels remain unimpressive. The weakness in June trade numbers was also telling. During the month non-oil and gas exports and imports fell by 13.9 percent y/y and 18.7 percent y/y respectively. Though seasonal factors would have played a role, the fall was unusually steep.
Meanwhile, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
