Monthly Archives: July 2025
The PBOC’s USD/CNY midpoint is 7.1385, lower than the expected 7.1503, with 331bn yuan injected.
Written on July 24, 2025 at 1:28 am, by
PBOC sets weaker yuan reference rate, injects liquidity via reverse repos to manage market stability.
Japan’s manufacturing activity contracted in July, while its services sector performed strongly amidst domestic demand
Written on July 24, 2025 at 12:59 am, by
Japan’s manufacturing contracts in July amid U.S. trade uncertainty; services grow on strong domestic demand.
Trade discussions between South Korea and the U.S. were cancelled because of scheduling conflicts
Written on July 24, 2025 at 12:58 am, by
South Korea cancels 2+2 trade talks with U.S. over scheduling conflict; plans to reschedule soon.
Lisa Su, AMD’s CEO, noted U.S.-made chips may be 5% to 20% pricier than Taiwanese ones
Written on July 24, 2025 at 12:29 am, by
TSMC’s Arizona-made chips to cost 5–20% more; AMD supports resilient, U.S.-based semiconductor supply chain.
Bessent anticipates a new nominee for Fed Chairman to be revealed in December or January
Written on July 24, 2025 at 12:28 am, by
A new Fed Chair nominee may emerge by January, amid tensions between Trump and current leadership.
In Asian morning trade, AUD/USD reached 0.6604 as other currencies also appreciated against USD
Written on July 23, 2025 at 11:29 pm, by
AUD/USD hits 8-month high at 0.6604, boosted by strong PMI data and weaker U.S. dollar.
Australia’s July manufacturing and services PMIs showed positive expansion, with Bullock discussing monetary policy later
Written on July 23, 2025 at 11:28 pm, by
Australia’s July PMIs show strong growth; RBA Governor Bullock to speak on inflation and employment mandates.
Cboe Global Markets plans to close its Japanese equities operations by August 29, 2025, due to challenges
Written on July 23, 2025 at 10:59 pm, by
Cboe Global Markets to exit Japanese equities operations in 2025 due to challenging financial market conditions.
The European Central Bank intends to maintain interest rates, awaiting clarity on trade negotiations.
Written on July 23, 2025 at 10:58 pm, by
ECB likely to hold rates; Lagarde to address U.S. tariff risks, inflation outlook, and economic stability.
Elon Musk anticipates increased Tesla sales in Europe due to Full Self-Driving system approvals and expansions
Written on July 23, 2025 at 10:29 pm, by
Tesla expands globally, eyes European FSD approval and U.S. robotaxi access for half the population.
