Monthly Archives: August 2025
The PBOC sets the yuan midpoint at 7.1161, stronger than previous closing rates and estimates
Written on August 25, 2025 at 1:29 am, by anakin
PBOC sets stronger yuan midpoint, injects liquidity via reverse repos, signaling continued support for currency stability.
Pantheon predicts Powell’s comments indicate labour market risks, expecting Fed rate cuts in 2025
Written on August 25, 2025 at 1:28 am, by anakin
Powell shifts focus from inflation risks, citing weaker labour data; rate cuts expected despite tariff concerns.
The USD/JPY pair is close to 147.50 following Powell’s remarks, with no new updates available
Written on August 25, 2025 at 12:59 am, by anakin
USD/JPY rebounds to 147.50; Powell signals risk; Ueda highlights labor issues; Trump pushes EU tariffs.
The expected USD/CNY reference rate is 7.1551, set daily by China’s central bank, PBOC
Written on August 25, 2025 at 12:58 am, by anakin
The PBOC sets a daily yuan midpoint, guiding its allowed 2% fluctuation range for market stability.
Rising risks in the job market were highlighted by Powell amidst slowing GDP growth, according to Goldman Sachs
Written on August 25, 2025 at 12:29 am, by anakin
Powell warns of rising job risks and slowing GDP, boosting market hopes for September rate cut.
An agreement worth approximately $18 billion for JDE Peet’s is being finalised by Keurig Dr Pepper
Written on August 25, 2025 at 12:28 am, by anakin
Keurig Dr Pepper nears $18 billion takeover of JDE Peet’s, aiming to reorganize beverage and coffee units.
Evergrande’s delisting in Hong Kong marks its demise, reflecting the property giant’s financial collapse and turmoil
Written on August 24, 2025 at 11:59 pm, by anakin
China Evergrande delisted after debt crisis; founder faces penalties amid sweeping impact on China’s property market.
Starbucks will reduce U.S. coffee plant operations to five days weekly as demand declines
Written on August 24, 2025 at 11:58 pm, by anakin
Starbucks cuts production to five days, caps raises, aiming to reduce costs amid declining U.S. demand.
Retail sales in New Zealand rose 0.5% quarterly and 2.3% annually, indicating modest growth
Written on August 24, 2025 at 11:29 pm, by anakin
New Zealand’s retail sales rose 0.5% in Q2 2025, surpassing expectations, with minimal currency impact.
In Maryland, the first human case of screwworm raises concerns for livestock markets and cattle industries
Written on August 24, 2025 at 11:28 pm, by anakin
First U.S. screwworm case confirmed in Maryland, alarming livestock industry amid rising market and outbreak fears.
