
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens
Jul 02, 2026 06:31 am UTC| Economy
Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan
Jul 02, 2026 06:29 am UTC| Economy Politics
South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension
Jul 02, 2026 05:50 am UTC| Economy Politics
The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Jul 02, 2026 05:27 am UTC| Politics Economy
The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report
Jul 02, 2026 04:19 am UTC| Economy
Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms
Jul 02, 2026 04:16 am UTC| Economy
The U.S. labor market is expected to remain resilient in June, although hiring likely slowed from the strong pace recorded over the previous three months. Economists forecast that the upcoming nonfarm payrolls report will...

Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
Jul 02, 2026 03:56 am UTC| Economy Central Banks
Japan is shifting its foreign exchange strategy by abandoning its long-standing practice of warning markets before intervening, opting instead for a more unpredictable approach aimed at catching speculators off guard and...