Monthly Archives: August 2025
Huw Pill, the Bank of England’s Chief Economist, presents new forecasts and policy decisions online soon
Written on August 8, 2025 at 3:30 am, by
Bank of England cuts rate to 4.00%; split decision supports GBP amid cautious economic outlook and forecasts.
Gold prices are at an all-time high, driven by economic factors and increased demand from investors
Written on August 8, 2025 at 3:01 am, by
Gold hits record high amid tariffs, weak U.S. data, and China demand; forecasts rise to $3,500.
U.S. tariffs on Swiss gold bars stress market dynamics, disrupting supply chains and influencing price discovery.
Written on August 8, 2025 at 3:00 am, by
U.S. tariffs on large gold bars disrupt London’s liquidity, challenge Switzerland’s dominance, and strengthen COMEX.
A 2% rise in Japan’s Nikkei 225 index follows encouraging tariff news from trade envoy Akazawa
Written on August 8, 2025 at 2:00 am, by
Nikkei jumps 2% as trade talks progress; weaker yen and tariff news boost investor confidence in Japan.
The PBOC’s USD/CNY reference rate stands at 7.1382, lower than the forecasted 7.1742
Written on August 8, 2025 at 2:00 am, by
PBOC manages yuan’s exchange rate, injects liquidity via reverse repos, resulting in slight net drain.
The CEO of SMIC indicated that demand surpasses supply, while rush order volume may decrease.
Written on August 8, 2025 at 1:30 am, by
SMIC sees continued strong demand, though order surges may slow in Q4 amid shifting trade policies.
Progress has been made by the Japanese trade envoy regarding US tariff corrections and refunds
Written on August 8, 2025 at 1:29 am, by
U.S. agrees to amend tariff order, capping duties at 15% and refunding excess to Japanese exporters.
Economists predict RBA will reduce rates to 3.60% in August and possibly to 3.35% later
Written on August 8, 2025 at 1:00 am, by
RBA to cut rate to 3.60% amid soft inflation, rising unemployment, and slowing household spending trends.
Reuters expects the PBOC to set the USD/CNY reference rate at 7.1742 around 0115 GMT
Written on August 8, 2025 at 1:00 am, by
PBOC sets yuan midpoint daily, guiding currency within a 2% band and intervening during volatility.
The Bank of Japan sees divided opinions on rate hikes due to inflation and trade uncertainties
Written on August 8, 2025 at 12:31 am, by
BoJ policymakers debate rate hike timing, citing inflation, global risks, and economic uncertainties amid recovery challenges.
