News Briefs

Japan's core inflation rate was on 0.7 percent in February, remaining distant from the Bank of Japan's 2 percent target.

Core inflation also slowed to 4.5%, compared to a year earlier.

Annual inflation rate in Canada eased back to less than 2.7% in June after a upshot in the previous month, according to Statistics Canada's CPI report.

Nonfarm payroll increased 175,000 in April, a significant reduction from 315,000 in March and fell short of the market expectation of 243,000. Meanwhile, US unemployment rebounded to 3.9%

While GDP rebounded by 0.65% in Q3 (2.6% annualized), the expansion was driven almost entirely by a 2.2% drop in imports.

The March US job opening and labor turnover (JOLT) report shows that job opening rate, hire rate and quit rate all dropped marginally in March, showing further cool down in the US labor market.

US nonfarm payroll increased by 206,000 in June, beating market expectation of 190,000, amid signs that job growth in cooling off as the the Bureau of Labor Statistics revised down the May and April by a combined 111,000 in its report released Friday.

Canada Labor Market——February 2026 Unemployment Rate: 6.7%; Total Jobs MoM Change: -83,900; Full-Time Jobs MoM Change: -108,400; Part-Time Jobs MoM Change : 24,500

The effect is shown differently on nominal and real GDP

Hong Kong Monetary Authority (HKMA) intervened twice in the foreign exchange market on Thursday (July 3) to soak up a total of HKD 29.6 billion from the city's interbank liquidity market, as HKD exchange rate fell toward the weak end of its official trading band.