Downstreet Spokesman: UK PM Johnson to make a 'statement to the country today'

Following the news that UK Prime Minister Boris Johnson will announce his resignation, a Downing Street spokesman said that the Conservative Party leader will "make a statement to the country" Thursday.

Chatters surrounding his resignation built up after he was abandoned by over 50 ministers and Tory lawmakers, withdrawing support following Johnson’s involvement in many scandals.

Jul 7, 2022

AUD/USD Price Analysis: Descending channel resistance to cap recovery from two-year low

The AUD/USD pair once again showed resilience near the 0.6765-0.6760 area and staged a goodish bounce from over a two-year low set this week. Spot pri

BOJ to raise inflation forecast above 2% but maintain dovish bias – Reuters

The Bank of Japan (BOJ) is expected to raise the FY2022 inflation forecast to slightly above 2% from the current 1.9% in the quarterly outlook report