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    16 May 2025
    During Asian trading hours, GBP/USD moves up, attracting buyers near the 1.3310 level

    GBP/USD rises on strong UK GDP and weak US inflation data, boosting rate cut expectations for Fed.

    16 May 2025
    According to South Korea’s finance ministry, economic challenges are rising due to weak exports and domestic demand

    South Korea faces growing economic pressure from weak exports, sluggish domestic demand, and global trade uncertainties.

    16 May 2025
    The currency pair EUR/JPY continues falling, nearing 162.50 and staying within a bullish channel

    EUR/JPY declines near 162.80, facing resistance at 163.41; RSI drops below 50, indicating bearish pressure.

    16 May 2025
    ECB Chief Economist Lane could offer insights into future rate decisions during a panel discussion

    ECB Chief Economist Philip Lane to discuss future rate decisions at Fed conference in Washington D.C.

    16 May 2025
    The Vice President of China expressed that collaboration opportunities between the US and China are abundant

    China seeks improved US ties; trade tensions rise as Trump proposes 60% tariffs, affecting global markets.

    16 May 2025
    The PBOC’s USD/CNY reference rate stands at 7.1938, injecting 106.5bn yuan through repos

    PBOC sets yuan midpoint daily; allows ±2% fluctuation. Injects 106.5B yuan via reverse repos.

    16 May 2025
    In March, Japan’s capacity utilisation fell to -2.4%, compared to the earlier figure of -1.1%

    Japan’s resource efficiency declined; EUR/USD, GBP/USD rose on weak USD; Bitcoin neared key resistance level.

    16 May 2025
    Analysts at JP Morgan predict Bitcoin will surpass gold’s performance in the upcoming months

    Bitcoin poised to outperform gold as state investments and shifting strategies drive cryptocurrency market momentum.

    16 May 2025
    In March, Japan’s year-on-year industrial production increased to 1%, recovering from -0.3%

    Japan’s industrial output rises; EUR/USD, GBP/USD strengthen on weaker Dollar; Bitcoin nears breakout; gold stalls.

    16 May 2025
    In April, Singapore’s exports rose 12.4%, surpassing expectations, yet the outlook appears cautious

    Singapore’s exports surged 12.4% in April, surpassing forecasts, but global risks cloud economic outlook.

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