EUR/USD
1.14166
0.025%
Gold
4053.45
1.147%
Oil
82.085
-0.213%
USD/JPY
162.506
0.014%
GBP/USD
1.34395
0.070%
GBP/JPY
218.406
0.087%
Real-time News
Downing Street: Any further action, including funding for long-term measures, will be announced in the budget along with estimates from the Office for Budget Responsibility (OBR).Downing Street: The new Prime Minister will act swiftly to cut electricity taxes. Funding for the abolition of the electricity tax will come from this years digital identity card abolition project, and the VAT on electricity will be eliminated from October 1st.On July 21, Jiang Lue, spokesperson for the China Coast Guard, stated that on the morning of July 21, out of humanitarian considerations, China allowed the Philippines to transfer injured personnel from the Philippine Coast Guard vessel No. 57, which was illegally grounded on Renai Reef, to the Philippine Coast Guard vessel No. 9702 via a ship-borne small boat. The Chinese Coast Guard questioned and confirmed the Philippine vessel and monitored the entire process. The Chinese Coast Guard will continue to carry out law enforcement activities in accordance with the law in Renai Reef and its surrounding waters to safeguard national territorial sovereignty and maritime rights.July 21 – The Japanese government has finally approved an annual economic and fiscal policy plan that emphasizes the independence of the Bank of Japan, but has yet to address the high cost of a significant reduction in the food sales tax. The Cabinet approved the plan on Tuesday, noting in a footnote that specific monetary policy tools will be the responsibility of the Bank of Japan, and its autonomy must be respected. This is a key addition to the original draft released on June 30. The plan does not include Prime Minister Sanae Takaichis commitment to suspend the food sales tax, a proposal that has raised concerns about how the government will raise funds without exacerbating its fiscal situation. The document states that the government will finalize the relevant policies in early August.The yield on Japans 30-year government bonds rose 3.0 basis points to 3.90%.
