TOKYO, July 9 (Reuters) - The safe-haven yen and Swiss franc stood tall on Friday, while risk-sensitive currencies including the Australian and New Zealand dollars languished near multi-month lows as investors turned cautious about the global economic recovery.
TOKYO, July 9 (Reuters) - Oil prices were mixed on Friday after a boost from a drop in U.S. crude and gasoline inventories, but were still set for a weekly decline on concerns that an OPEC+ impasse could swell global crude supplies.
BEIJING, July 9 (Reuters) - China’s factory gate prices rose at a slightly slower pace in June, providing some reprieve for businesses though persistently high raw material costs are threatening to undermine the post-coronavirus economic recovery.
SYDNEY, July 9 (Reuters) - Asian shares stumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant and worries it could stall a worldwide economic recovery.
WASHINGTON, July 7 (Reuters) - The International Monetary Fund on Wednesday said further fiscal support in the United States could fuel inflationary pressures and warned that the risk of a sustained rise in prices could require raising interest rates earlier-than-expected.
BERLIN, July 7 (Reuters) - Germany's automotive industry association on Wednesday cut its growth forecast for 2021 car sales in Europe's biggest economy to 3% from 8% citing production hurdles posed by semiconductor shortages.
