Monthly Archives: May 2025
The leaders of Canada and Mexico aim to reinforce their economies to better withstand future disruptions
Written on May 16, 2025 at 5:45 am, by anakin
Carney and Sheinbaum emphasized strengthening economic resilience, reflecting on trade disruptions and reinforcing the USMCA framework.
Japan’s Economy Minister Akazawa stated the government will persist in seeking a review of US tariffs
Written on May 16, 2025 at 5:41 am, by anakin
Japan seeks US tariff review, offers business support, while Yen strengthens from policy shifts and safe haven demand.
A Reuters poll indicates RBA may reduce cash rate to 3.85%, with further cuts anticipated
Written on May 16, 2025 at 5:15 am, by anakin
Most economists expect RBA to cut rates, with forecasts seeing further reductions through 2025 amid economic softness.
The annualised GDP for Japan decreased by 0.7%, falling short of the predicted 0.2%
Written on May 16, 2025 at 5:10 am, by anakin
Japan’s GDP shrinks, AUD/USD rises, USD/JPY rebounds, gold stalls, crypto dips, UK data sparks debate.
Yuan Firms as Tariff Truce Lifts Sentiment
Written on May 16, 2025 at 5:05 am, by anakin
Weaker dollar, upbeat growth outlook, and cautious daily fixings support short-term yuan strength. – vtmarkets.com
The Trump administration is divided over the timing for blacklisting Chinese chipmakers due to trade negotiations
Written on May 16, 2025 at 4:45 am, by anakin
Trump administration plans to blacklist Chinese chipmakers, raising concerns about impact on delicate trade negotiations.
In April, New Zealand’s Business NZ PMI increased from 53.2 to 53.9
Written on May 16, 2025 at 4:40 am, by anakin
New Zealand’s PMI rises; currencies fluctuate amid economic shifts; gold, crypto, and UK growth draw market focus.
April’s PMI for New Zealand’s manufacturing sector rose to 53.9, indicating ongoing growth and recovery
Written on May 16, 2025 at 4:15 am, by anakin
New Zealand’s manufacturing PMI rose to 53.9 in April, marking continued recovery and sustained expansion trends.
A series of investment agreements in AI and energy with the UAE were announced by the White House
Written on May 16, 2025 at 4:10 am, by anakin
Trump administration touts $200B in UAE deals, but details remain vague; includes AI, aerospace, and aluminium projects.
Australia’s Trade Minister expresses reluctance to join the US in a trade conflict with China
Written on May 16, 2025 at 3:45 am, by anakin
Australia prioritizes its economic ties with China over a US-led trade stance, says Minister Farrell.
