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    22 May 2025
    In May, the HCOB Manufacturing PMI for Germany reported 48.8, falling short of projections

    Germany’s May PMI at 48.8 signals slight manufacturing contraction, missing expectations and indicating slowed sector performance.

    22 May 2025
    The recovery of the US Dollar causes the Australian Dollar to reduce its recent gains

    Australian Dollar edges higher as PMI data, RBA rate cut, and US economic shifts influence currency markets.

    22 May 2025
    Below are the FX option expiries for the NY cut at 10:00 Eastern Time

    Major FX option expiries May 22: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD levels noted.

    22 May 2025
    In Pakistan, gold prices increased today, as indicated by the latest compiled data.

    Gold prices in Pakistan rose amid weaker US Dollar, geopolitical tensions, and global central banks increasing reserves.

    22 May 2025
    New Zealand plans a NZ$4 billion increase in its bond programme over four years, announced by Willis

    New Zealand forecasts growing deficits and debt, with GDP shrinking in 2024/25 before gradual recovery begins.

    22 May 2025
    Asahi Noguchi, a BoJ board member, indicated Japan’s economy is consistently growing and policy adjustments may follow

    Bank of Japan monitors inflation and wage growth, considering policy changes amid external risks and yen depreciation.

    22 May 2025
    The USD/CNY central rate was established by PBOC at 7.1903, lower than the previous figure

    PBOC sets USD/CNY at 7.1903, below forecast; monetary tools aim to stabilize economy and currency.

    22 May 2025
    In the first quarter, Singapore’s GDP declined 0.6%, surpassing predictions of a 1% drop

    Singapore’s GDP shrank 0.6% in Q1, outperforming forecasts and offering insight into economic conditions.

    22 May 2025
    In March, Japan’s year-on-year machinery orders exceeded forecasts, reaching 8.4% compared to -2.2%

    Japan’s machinery orders rose 8.4% YoY in March, defying forecasts and supporting economic momentum.

    22 May 2025
    Amid rising geopolitical tensions and concerns over US debt, gold prices surpass $3,300 and increase

    Gold prices surge as US debt concerns and Middle East tensions fuel safe-haven demand amid market volatility.

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