Live Updates

    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.

    7 April 2025
    According to Chinese state media, the People’s Bank of China may reduce reserve requirements and interest rates

    China may cut RRR and interest rates to boost lending as global stock markets continue declining.

    7 April 2025
    In March, Australia saw a rise in ANZ Job Advertisements from -1.4% to 0.4%

    ANZ job ads rose 0.4% in March, signaling increased hiring activity and improved job market conditions.

    7 April 2025
    Nikkei 225 and Topix futures faced restrictions, raising concerns over potential market repercussions

    Japanese equity futures trading paused as circuit breakers activated after sharp market decline hit limit down levels.

    7 April 2025
    The EUR/USD stabilises above the mid-1.0900s as traders remain uncertain amid increasing trade tensions

    EUR/USD steadies near 1.0960 as US recession fears and trade tensions weigh on market sentiment.

    7 April 2025
    Trump dismissed the market downturn, stating that sometimes difficult measures are necessary for recovery

    Trump addressed market volatility, stressing trade deficit resolution with China and ongoing tariff talks with world leaders.

    7 April 2025
    The People’s Bank of China established a USD/CNY reference rate of 7.1980, adjusting from 7.1889

    PBOC sets central USD/CNY rate, employs policy tools to support growth, financial reforms, and private banks.

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