Live Updates

    7 April 2025
    Japan’s officials expressed concern over U.S. tariffs, stressing careful assessment of trade implications

    Japan monitors U.S. tariffs closely, emphasizing fairness in trade and addressing concerns over non-tariff barriers.

    7 April 2025
    The Coincident Index for Japan rose to 116.9 in February, an increase from 116.1

    Japan’s coincident index rose to 116.9 in February, signaling improved economic activity and performance.

    7 April 2025
    Druckenmiller expressed opposition to tariffs above 10%, reiterating his stance from a recent interview

    Druckenmiller opposes tariffs above 10%; markets suffer worst three-day loss since 1987, surpassing Covid.

    7 April 2025
    Yannis Stournaras of the ECB cautioned that tariffs from Trump may hinder Eurozone growth by up to 1%

    ECB’s Stournaras warns Trump tariffs may trigger demand shock, risking 0.5–1% euro area growth drop.

    7 April 2025
    Bitcoin fell below $78K and ETH below $1600, while risk sentiment shows slight stabilisation

    Bitcoin and Ethereum prices drop amid broader market declines, with uncertainty fueled by Trump’s controversial policies.

    7 April 2025
    The USD/CAD pair demonstrates sustained buying interest, recovering from recent lows amid declining oil prices

    USD/CAD rises amid falling oil, Canadian political uncertainty, weak data, and strong US Dollar momentum.

    7 April 2025
    The PBOC is anticipated to determine the USD/CNY reference rate at 7.3162, Reuters reports

    PBOC sets daily yuan midpoint, allowing 2% fluctuation; may intervene to stabilize currency volatility.

    7 April 2025
    For five months in a row, China’s central bank has raised its gold reserves

    China’s gold reserves rose for the fifth consecutive month, boosting market confidence and lifting gold prices.

    7 April 2025
    Japan’s PM Ishiba expresses readiness for further talks with Trump while pushing for lower tariffs

    Japan urges U.S. tariff cuts; Ishiba calls for talks and support for domestic firms amid market drop.

    7 April 2025
    The Hang Seng plummets dramatically, with Alibaba and Baidu suffering as global markets spiral downwards

    Hang Seng plunges 9.1%, Alibaba and Baidu drop 12%, global markets shaken by systemic reassessment.

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