Monthly Archives: June 2025
The USD/CNY reference rate was established by the PBOC at 7.1656, lower than before
Written on June 24, 2025 at 6:13 am, by davin
PBOC sets USD/CNY rate at 7.1656, slightly above forecast, signaling cautious monetary policy adjustments.
Japanese Economy Minister Akazawa plans a seventh trip to the US for tariff discussions soon
Written on June 24, 2025 at 5:48 am, by davin
Japan’s Economy Minister plans U.S. visit for tariff talks, first ministerial meeting since June summit.
In morning Asia trading, both oil and the US dollar declined amidst ceasefire developments in the region
Written on June 24, 2025 at 5:18 am, by davin
Oil prices fall as ceasefire announced; currencies shift, with Euro and Yen strengthening amid peace hopes.
Following reports of an Iranian attack on US forces, the Dow Jones fell after earlier gains
Written on June 24, 2025 at 4:42 am, by davin
Dow Jones slips as Middle East tensions rise; Iran targets US bases amid escalating geopolitical conflict.
Iran and Israel have reportedly reached a full ceasefire, with oil prices declining and equities rising
Written on June 24, 2025 at 4:19 am, by davin
Trump announces 12-hour Iran-Israel ceasefire; markets react with falling oil prices and rising equity futures.
The US Dollar weakens due to mixed PMI data and dovish remarks from Fed Bowman, aiding the Indian Rupee
Written on June 24, 2025 at 4:13 am, by davin
Rupee strengthens as domestic PMI and easing oil prices offset initial drop from US-Iran strike tensions.
Consumer sentiment in South Korea rises, while inflation expectations decline according to central bank data
Written on June 24, 2025 at 3:48 am, by davin
South Korea’s consumer sentiment rose sharply in June 2025 as inflation expectations hit a recent low.
Concerns over Iran’s retaliation fade as US equity indices rise, including gains in major indices
Written on June 24, 2025 at 3:43 am, by davin
Markets rebound after Iran strikes; Dow, S&P, NASDAQ rise as oil dips, rate cut hopes boost sentiment.
US stock indices end near daily highs, buoyed by buyers and lower interest rates
Written on June 24, 2025 at 3:19 am, by davin
Markets rose as Iran eased tensions; Fed hints at July rate cut if inflation stays stable.
The Pound rises to 1.3500 against the Dollar following improved risk sentiment amid Middle East tensions
Written on June 24, 2025 at 3:13 am, by davin
GBP/USD rises to 1.3500 amid Fed rate cut talk, improved UK PMI, and Middle East tensions.