Turkish inflation cools for first time since outbreak of the Iran war, aided by falling energy prices
Turkish inflation cools for the first time since the outbreak of the Iran war, aided by a drop in energy prices.
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U.S. job growth slows sharply in June: nonfarm payrolls rise just 57,000 vs 115,000 forecast; jobless rate dips to 4.2% as labor force participation hits lowest since March 2021.
U.S. job growth cooled in June, with nonfarm payrolls rising a seasonally adjusted 57,000 — well below forecasts of 115,000 and down from May's 129,000 — while the unemployment rate edged down to 4.2% as labor force participation fell to 61.5%, its lowest since March 2021.
Japan firms offered average wage hikes of 5.01% in final RENGO survey, down from 5.25% last year. The largest union group's figures mark a still-strong but slightly cooler settlement round for Japanese workers.
Japan firms offered average wage hikes of 5.01% versus 5.25% last year, the largest union group RENGO says, citing its final survey.
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Japan's Government Pension Investment Fund reports a ¥41.4 trillion investment profit for the fiscal year ended March, generating a 16% return.
China's central bank cuts government bond purchases to nine-month low in June, signaling policymakers' caution over further yield declines and excessive liquidity risks.
China's central bank reduced government bond purchases to the lowest level in nine months in June, signaling growing caution among policymakers about further yield declines or excessive liquidity.
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