Daily Fundamental Report

After the markets were filled with pessimism lately now we see that story has changed as currently we see investors buying higher yielding assets while selling lower yielding assets in which is a process we call carry trades.
The United Kingdom released its jobless claims change for the month of June showing that it rose at the slowest pace since 13 months.
We have seen today different fundamentals from the Euro Area and United Kingdom. According to the Royal fundamentals, the ILO Unemployment Rates surged in May to 7.6% from the previous 7.2% besides, the Claimant Count Rate held steady at 4.8% from the previous 4.8% revised down to 4.7% levels.
Even after those fundamentals, the British Pound managed to continue its uptrend against the US dollar and the Japanese Yen for the third consecutive day, to currently trade at 1.6440.The euro inclined heavily today against the US dollar to currently trade at 1.4059 levels, after recording a high of 1.4070 and a low of 1.396, also the euro managed to incline against the Japanese Yen for the third consecutive day.
Bank of Japan today left interest rates steady at 0.10 percent which was inline with market expectations and unchanged from the previous meeting.
In the United State of America there was many economic data today , US released on one hand its CPI for June showing an incline as it came in 0.7%better than the expected reading of 0.6% and the prior reading of 0.1%.On the other hand, the US Core CPI for June rose to 0.2%; better than expected at 1.7% from 1.8%