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- Wall Street Journal The Wall Street Journal provides economic data news, articles, and videos on its website. Topics range from economic data to the latest economic news and developments. The data and news are provided in the form of reports, briefs, and videos. Reports cover a wide range of topics such as GDP, employment, inflation, housing market, and the stock market. Briefs provide quick summaries of the latest economic news and developments. Videos provide insight into the current economic environment and how it affects individuals and businesses. The Wall Street Journal also provides commentary and analysis from top economists and financial professionals.
The EUR/GBP cross trades in positive territory for the fifth consecutive day near 0.8525 during the early European session on Friday. A slew of weaker-than-expected UK economic data continues to undermine the Pound Sterling (GBP) against the Euro (EUR).
Oil prices surged more than 13% at some point. Brent pared some of those gains but still trades around $75/b, the highest since early April. Around a month ago, Brent was struggling not to drop below $60/b. Yesterday’s economic data included slower than expected PPIs and an unexpected increase in jobless claims to 248k. Both of secondary importance but coming after the slight miss in the CPI the day before nevertheless picked up as an argument for some bond buying. And then finally the 30-year US bond sale.
Crypto market displays strength despite global tensions. Bitcoin almost reached a new high. Institutional investors are back, stabilizing prices. Macroeconomic data impacts market moves. Geopolitical concerns cause temporary dips. Market shows resilience. Retail interest is also increasing. Investors should be cautious. Systematic investment is advised for long-term gains. SPX, Uniswap, and Hyperliquid are top gainers.
The 51st G7 summit is set to be held from June 15 to 17 in Canada, with Prime Minister Narendra Modi attending the meeting. The week will see a lot of key economic data released both on the domestic and international front. The spotlight will be on India's Wholesale Price Index data and minutes of the Reserve Bank of India Monetary Policy Committee meeting, expected to be released during the week.
China’s latest economic data for May paints a mixed picture. Industrial production rose 5.8% yoy, falling short of the expected 6.0% and reflecting lingering weakness in external demand. This comes on the heels of a sharp -34.5% yoy drop in exports to the US, despite the mid-May rollback of some tariffs. The full impact of reduced tariffs is expected to emerge more clearly in June though.
Economic data released on June 17, 2025, indicates that gross wages in Hungary have surged to a 9.8% increase in April 2025 compared to the same month the previous year. This marks a significant rise from March 2025, when the year-over-year growth rate was 8.5%.The increase highlights an accelerating trend in wage growth within the country, suggesting improvements in the labor market and potentially rising living standards for Hungarian workers. The current economic dynamics might influence fiscal policies as the government seeks to balance inflationary pressures with continued wage growth.This increase in wages could have multiple implications for consumers and businesses alike. While employees might benefit from higher disposable incomes, businesses may experience an impact on cost structures potentially driving price adjustments in the marketplace. This delicate economic balance will be closely watched by policymakers and economists in the coming months.The material has been provided by InstaForex Company - www.instaforex.com