Monthly Archives: July 2025
New Chinese restrictions on EU medical device purchases follow the EU’s recent procurement ban
Written on July 7, 2025 at 7:19 am, by
China restricts high-value EU medical device imports in retaliation for EU’s procurement ban on Chinese firms.
The PBOC established the USD/CNY midpoint at 7.1506, surpassing the anticipated 7.1626 value
Written on July 7, 2025 at 6:48 am, by
PBOC sets strongest yuan midpoint since November, injects liquidity via reverse repos, resulting in net drain.
OPEC+ unexpectedly increased oil output, prompting analyst concerns about market share competition and price declines
Written on July 7, 2025 at 6:19 am, by
OPEC+ boosts oil output amid stable outlook, accepting price risks to recapture market share dominance.
The USD/CNY midpoint rate is projected by Reuters at 7.1626, set by PBOC
Written on July 7, 2025 at 5:48 am, by
PBOC sets yuan midpoint daily, allowing ±2% fluctuation; aims to stabilize currency with possible interventions.
Many analysts foresee the Reserve Bank of Australia maintaining its cash rate amid inflation concerns
Written on July 7, 2025 at 4:48 am, by
Most analysts expect a rate cut, but inflation and tight labor market may prompt RBA to pause.
Intensive discussions occurred between Japan’s Akazawa and U.S. Lutnick to prevent tariff increases and Japan stays committed to negotiations
Written on July 7, 2025 at 2:48 am, by
Japan and U.S. hold vigorous trade talks as July 9 tariff deadline looms; Japan vows no compromise.
Makhlouf stated Europe isn’t prepared for the euro to overtake the US dollar as reserve currency
Written on July 7, 2025 at 2:18 am, by
Europe must fortify integration and create safe assets before the euro can rival the dollar as reserve currency.
China is shifting exports through South-East Asia to evade US tariffs while maintaining export growth
Written on July 7, 2025 at 1:48 am, by
Chinese firms reroute exports via Southeast Asia to avoid US tariffs; overall exports and tariffs both rise.
Following an unexpected output increase by OPEC+, oil prices dropped over 1% at the open
Written on July 7, 2025 at 1:18 am, by
Oil prices fell after OPEC+ announced increased output; geopolitical tensions in the Red Sea intensify instability.
Big, Beautiful, and Built for Traders
Written on July 7, 2025 at 1:07 am, by
It’s being called the ‘One Big Beautiful Bill Act’—a name as audacious as its plan to permanently rewrite American economic policy. But what’s really inside?
