Monthly Archives: March 2025
China’s March Manufacturing PMI at 50.5 reflects annual growth, with mixed results in indices observed
Written on March 31, 2025 at 6:51 am, by davin
China’s manufacturing and services PMIs rose in March, indicating modest economic expansion and improving business confidence.
In February 2025, Australia saw a 0.5% monthly increase in private sector credit, driven by business and housing sectors
Written on March 31, 2025 at 6:21 am, by davin
Australia’s private sector credit rose 0.5% in February 2025, driven by business and housing credit growth.
The PBOC is likely to set the USD/CNY reference rate at 7.2593, according to Reuters
Written on March 31, 2025 at 5:51 am, by davin
The PBOC sets the yuan’s midpoint daily, guiding currency fluctuations within a managed 2% trading band.
A Japanese official claims production increases are unrelated to anticipated US tariffs, unlike market speculation
Written on March 31, 2025 at 5:21 am, by davin
Japan’s February industrial output rose 2.5%, surpassing expectations, as tariff concerns influenced market behavior.
The Melbourne Institute reported a 0.7% monthly increase in March private inflation, reaching 2.8% annually
Written on March 31, 2025 at 4:51 am, by davin
Australia’s March 2025 inflation rose 0.7% monthly, reaching 2.8% annually—highest since December 2023.
Business confidence in New Zealand decreased to 57.5%, while activity improved to 48.6%
Written on March 31, 2025 at 4:21 am, by davin
Business confidence dips slightly while activity rises; cost and inflation expectations reach highest levels in over a year.
Japan’s preliminary industrial output rose 2.5% m/m, exceeding expectations and improving from the previous decline
Written on March 31, 2025 at 3:51 am, by davin
Japan’s industrial output rose 2.5% in February, exceeding expectations and rebounding from January’s decline.
February retail sales in Japan rose by 1.4% year-on-year, disappointing expectations and prior figures. Regional stocks declined, with the Nikkei dropping over 3% amidst ongoing tariff tensions
Written on March 31, 2025 at 3:21 am, by davin
Japan’s retail sales rose 1.4% year-on-year in February, missing forecasts; Nikkei drops over 3%.
Trump discusses oil sanctions, Russia-Ukraine progress, Iran tariffs, TikTok deal, and praises UK PM Starmer
Written on March 31, 2025 at 2:51 am, by davin
Trump delays oil sanctions, eyes Iran nuclear talks; TikTok deal near, praises UK’s Prime Minister Starmer.
Trump is contemplating higher tariffs, potentially reaching 20%, affecting numerous trading partners and industries
Written on March 31, 2025 at 2:21 am, by davin
Trump considers broad tariffs up to 20%, targeting trade deficit nations and key mineral-based products.