外匯市場最新訊息

September 15, 2025

Eurozone

Euro traded at 1.1763 against USD at 9:00 AM PST

Italy's trade surplus expanded in July as exports grew at a faster rate than imports. The trade surplus increased to EUR 7.91 billion in July from EUR 6.82 billion in the same period last year. The surplus totaled EUR 5.38 billion in June. Exports increased 7.3% from the previous year, faster than the 4.9% growth in June. Imports gained 6.1% versus a 4.9% rise in the prior month.

Among sectors, exports of transportation equipment, excluding motor vehicles, grew the most, by 45.6%, followed by pharmaceuticals, chemical-medicinal products, and botanicals, with an increase of 28.5%. On a seasonally adjusted basis, the trade surplus rose to EUR 4.64 billion in July from EUR 4.32 billion in June. Both exports and imports increased by 1.2% and 0.7%, respectively. 09/15/2025 - 06:52:00 (RTTNews)

Germany's wholesale price inflation accelerated in August on higher food and non-ferrous ores. The wholesale price index posted a 0.7% annual growth after rising 0.5% in July. The main reason for the annual increase was the 4.2% rise in prices of food, beverages, tobacco, and a 21.1% surge in non-ferrous ores, non-ferrous metals, and non-ferrous semi-finished metal products prices. 

By contrast, the wholesale prices of solid fuels and mineral oil products slid 6.9%. Month-on-month, wholesale prices were down by 0.6%, which was faster than the 0.1% drop seen in July and marked the second consecutive fall. 09/15/2025 - 05:40:00 (RTTNews)

United Kingdom (U.K.) Economy Flatlines in July

British Pounds traded at 1.3597 against USD at 9:00 AM PST

The U.K. economy stagnated in July, posing challenges as any tax hikes or spending cuts would again dampen growth prospects. Real GDP showed no growth in July, after rising 0.4% in June. 

The dominant services sector expanded 0.1% and construction grew 0.2%. Meanwhile, industrial production fell 0.9%, in contrast to the 0.7% growth posted in June. Similarly, manufacturing output was down 1.3% after a 0.5% gain. Year-on-year, growth in industrial output eased to 0.1% from 0.2%. Manufacturing advanced only 0.2% after flat growth in June. 

Yearly, GDP was up 1.4% in July. In the three months to July, real GDP advanced 0.2%, following a 0.3% rise in the three months to June. The service sector was the main contributor to real growth. Compared with the same period last year, GDP registered a 1.2% expansion in the three months to July.

The visible trade deficit remained broadly unchanged in July. The trade gap totaled GBP 23.68 billion compared to GBP 23.65 billion in June. At the same time, the surplus on services dropped to GBP 15.28 billion from GBP 15.42 billion in the previous month. As a result, the total trade balance posted a deficit of GBP 8.4 billion versus a GBP 8.23 billion shortfall a month ago. 9/12/2025 - 09:03:00 (RTTNews)

China Industrial Output, Retail Sales Grew Weaker

China's industrial production and retail sales grew weaker in August, and fixed asset investment logged only a meagre growth, strengthening the call for both monetary and fiscal stimulus. Industrial output increased 5.2% yearly in August, which was weaker than the 5.7% increase in July. Similarly, annual growth in retail sales eased to 3.4% from July's 3.7%. In August, the jobless rate edged up to 5.3% from 5.2% in July.

During January to August, fixed asset investment rose only 0.5% from the same period last year, slower than the 1.6% rise in the January to July period. The deceleration can no longer be simply explained away as a temporary weather-related blip. Given the slowdown of the past few months, there is a strong case for additional short-term stimulus efforts.

While it is too early to gauge the impact of the consumer loan subsidies coming into effect this month, it is likely that more policy support is needed. Although a strong start to 2025 keeps this year's growth targets within reach, further stimulus support could be needed to ensure a strong finish to the year.  09/15/2025 - 05:28:00 (RTTNews)