Yen strengthens on BoJ rate hike hopes and weak Dollar, pushing USD/JPY below mid-145.00s level.
Australia added 89,000 jobs in April 2025, exceeding forecasts and maintaining a steady 4.1% unemployment rate.
UK GDP beats forecasts with 0.7% growth; business investment rises, Pound gains against some currencies.
Australia’s job market surged in April 2025, with unemployment steady and participation hitting a record high.
UK industrial output fell 0.7% YoY; risk assets rose on US-China trade optimism and weak USD.
PBOC sets yuan midpoint, injects liquidity via reverse repos, causing a net drain of 94.1 billion yuan.
UK GDP beats forecasts; gold declines, Shiba Inu rallies on acquisition rumors, US-China trade tensions ease.
UBS sees growth for tech stocks, highlighting AI firms, despite trade and policy uncertainties ahead.
Gold drops to $3,135 amid US-China trade optimism and rising yields; Fed policy outlook adds pressure.
Due to elevated uncertainty, the Federal Reserve withholds guidance, while businesses remain cautious but active.
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