EUR/USD
1.13984
0.025%
Gold
3309.33
-0.089%
Oil
63.803
-0.183%
USD/JPY
144.782
0.000%
GBP/USD
1.35304
-0.007%
GBP/JPY
195.900
-0.008%
Real-time News
June 9, Ernst & Young data showed that the UK financial industry maintained its lead over other European countries in attracting foreign investment last year, despite a slowdown in activity across the region. The UK attracted foreign investment for 73 financial projects last year, down 32% from the previous year. Germany, which ranked second, saw its transaction volume fall 16% to just 32. The transaction volume across Europe fell 11%. Global investors also believe that London is the most attractive European city for foreign investment in financial services in the coming year, surpassing Frankfurt and Paris, but at the national level, Germany is the first choice for the future. As Trumps tariff policy casts a shadow on the outlook, the survey found that only 32% of people are likely to invest in the United States, while the proportion of investment in the European Union and the United Kingdom is 39% and 44% respectively.June 9th, Japans economy shrank less than initially estimated in the first quarter of this year due to improved inventory and consumption data. Japans Cabinet Office said on Monday that the annualized quarterly GDP rate in the first quarter was -0.2%, compared with the initial value of -0.7%. Personal consumption increased by 0.1% and business spending increased by 1.1%. Inventories contributed 0.6 percentage points to economic growth, while net exports dragged down by 0.8 percentage points. The revised data confirmed that Japans economy had already shrunk before Trump expanded tariff measures in April. For the Bank of Japan, these data may still support a wait-and-see attitude for now, especially after the previous meeting lowered its economic growth forecast for this year. Bank of Japan officials remain highly vigilant about the impact of tariffs. Governor Kazuo Ueda called uncertainty "extremely high" and warned last week that tariffs could affect Japans economy through multiple channels.According to NHK, Japan is considering reaching a tariff agreement with the United States before the G7 summit on June 15.Japans first-quarter GDP deflator annual rate final value was 3.3%, expected to be 3.30%, and the previous value was 3.30%.Japans trade account in April was -32.8 billion yen, expected -95.8 billion yen, and the previous value was 516.5 billion yen.
