News

U.S. Treasury Secretary Bessenter: I have full confidence in Bank of Japan Governor Kazuo Ueda, who understands the market very well.

U.S. Treasury Secretary Bessenter: Many Asian currencies are currently following the yen's trend, such as the South Korean won.

Japan's June labor cash income annual rate was 3.4%, below the expected 3.50% and the previous value was revised from 3.20% to 3.30%.

Japan's overtime pay growth rate in June was 2.8% year-on-year, compared to 2.9% in the previous month.

The Brazilian government issued a statement protesting the US decision to change the visa of the Brazilian ambassador.

Australia's AIG/PwC Manufacturing Performance Index for July was -19.6, compared to -16.8 previously.

Australia's final S&P Global Services PMI for July was 53.6, unchanged from the previous month.

Australia's final S&P Global Composite PMI for July was 53.2, compared to 52.6 in the previous month.

Australia's AIG Construction Performance Index for July was -40.6, compared to -38.1 previously.

New Zealand's average hourly earnings rose 1.4% quarter-on-quarter in the second quarter, compared with 0.20% in the previous quarter.

New Zealand's second-quarter labor cost index rose 2.1% year-on-year, below the expected 2% and the previous reading of 2%.

New Zealand's labor cost index rose 0.7% quarter-on-quarter in the second quarter, below the expected 0.60% and the previous value of 0.50%.

New Zealand's second-quarter employment participation rate was 70.7%, below the expected 70.3% and the previous value of 70.40%.

New Zealand's unemployment rate in the second quarter was 5.6%, compared to an expected 5.40% and a previous reading of 5.30%.

New Zealand's employment growth rate in the second quarter was 0.5% quarter-on-quarter, below the expected 0.2% and the previous figure revised from 0.20% to 0.10%.

U.S. Treasury Secretary Bessenter: I am confident that Bank of Japan Governor Kazuo Ueda will make the best decisions for the Japanese economy.

U.S. Treasury Secretary Bessant: With energy prices falling, we are no longer facing excessive depreciation of the yen, which will help reduce inflation and allow the yen to enter a virtuous cycle.

U.S. Defense Secretary Hergsays refuted CNN's claim that the U.S. military used nearly 80% of its THAAD anti-missile interceptors during the conflict with Iran.

U.S. API distillate fuel inventories fell by 1.232 million barrels in the week ending July 31, compared with an expected decrease of 67,000 barrels and a previous decrease of 355,000 barrels.

U.S. API crude oil production for the week ending July 31 was -112,000 barrels per day, compared to 93,000 barrels per day in the previous week.