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Euro edges lower vs Yen as German data, ECB caution meet Japan risks

EUR/JPY edges lower on Wednesday, trading around 183.55 at the time of writing, down 0.17%, as investors assess the impact of improving economic sentiment in Germany against rising intervention risks in Japan’s foreign exchange market.Germany’s IFO Business Climate Index rose to 85.6 in June, in line with expectations, from a revised 85 in May. The Current Assessment Index increased to 87, above forecasts of 86.4, while the Expectations Index improved to 84.1 from a revised…

Business

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Chinese supercomputer surpasses US for world’s fastest in first since 2017

A Chinese supercomputer system surpassed an American computer for the world’s fastest, according to an industry list published in Hamburg, Germany, on Tuesday, giving China the edge over the U.S. with the fastest supercomputer for the first time since 2017. LineShine, a system built by the Shenzhen Cloud Computing Center…

Markets

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Investing

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