Summary: Japan's inflation rate defies predictions, staying at 3.3% compared to the anticipated 2.5%. Core inflation, excluding food and energy, matches expectations at 3.1%, while 'core, core inflation ' reaches a 42-year high of 4.3%. Japanese yen weakens as the dollar gains strength, prompting discussions about potential Bank of Japan policy changes. ...

Summary: Rishi Sunak defends his strategy to tackle inflation in an exclusive interview with ITV News, stressing responsible borrowing . Sunak acknowledges the role of the government in curbing inflation and highlights the potential negative impact of excessive borrowing on long-term economic stability . Sunak discusses the effects of interest rate rises and emphasizes the importance of sustainable pay increases tied to productivity growth. Sunak confirms the government's commitment to the triple lock policy for pensions and expresses his intent to support individuals facing inflation -related pressures. Sunak addresses ca...

Summary: Investors await the US inflation data for July as a significant market driver. After a notable drop in June, expectations rise for an acceleration in July's inflation figures. The Fed eral Reserve's stance on interest rates is poised to be influenced by the inflation trend. Core inflation remains a key concern and could impact the Fed 's decision on rate hikes. US dollar strength and Euro 's performance hold implications for trading dynamics. Crude oil's price surge contributes to inflation, adding to the cautious market sentiment. ...