Monthly Archives: July 2025
A majority of economists predict a 25 basis point RBA cash rate cut next week
Written on July 4, 2025 at 7:19 am, by
Most economists expect a rate cut as the RBA responds to easing inflation and a slowing economy.
In May, Japan’s household spending rose to 4.7%, surpassing the predicted 1.2% increase
Written on July 4, 2025 at 7:13 am, by
Japan’s household spending surges; gold and crypto climb; forex markets steady amid US holiday and uncertainty.
Wang Yi reassured Europe regarding rare earth exports, dismissing concerns over trade tensions and controls
Written on July 4, 2025 at 6:49 am, by
Wang Yi assures rare earth exports won’t hinder China-Europe ties; fast-track approvals aim to ease concerns.
Increased from 5.7 billion to 10.14 billion, South Korea’s current account balance rose
Written on July 4, 2025 at 6:43 am, by
South Korea’s May current account surplus doubled, indicating strengthened trade performance and improving economic conditions globally.
Barclays projects Brent crude oil will reach $72/bbl by 2025, easing geopolitical tensions influencing demand
Written on July 4, 2025 at 6:18 am, by
Barclays raises oil demand forecast; cuts Brent outlook to $72 in 2025 amid easing geopolitical tensions.
The Euro declines against the US Dollar after US employment data supports prevailing Fed policy
Written on July 4, 2025 at 6:13 am, by
Euro declines as strong US jobs data boosts dollar; ECB and upcoming EU data remain in focus.
The Hong Kong Monetary Authority has intervened, purchasing HKD to stabilise its value against the USD
Written on July 4, 2025 at 5:49 am, by
HKMA intervenes as Hong Kong dollar hits weak limit, maintaining peg through currency board and liquidity actions.
A robust US Nonfarm Payrolls report caused a 0.80% decline in gold prices, impacting expectations
Written on July 4, 2025 at 5:43 am, by
Gold dips as strong US jobs data boosts Dollar, dampening rate cut hopes and pressuring metal prices.
Why the “Beautiful Bill” Looks Different From Every Angle
Written on July 4, 2025 at 5:37 am, by
To its architects, the “One Big Beautiful Bill” is a masterpiece of American prosperity, a promise delivered through permanent tax cuts and a fortified border. But to its critics, it is a fiscal beast stalking the nation’s most vulnerable. By slashing funds for Medicaid and food aid to finance its priorities, the legislation has drawn a sharp line in the sand, forcing Americans to decide: is this the blueprint for a new golden age, or the architecture of a crisis? The answer, it seems, depends entirely on who you ask.
Trump plans to send letters detailing trade tariffs, finding it simpler than securing agreements while noting no progress with Putin
Written on July 4, 2025 at 5:18 am, by
Trump to dispatch tariff letters Friday; reports no progress with Putin on Iran and Ukraine discussions.
