Monthly Archives: September 2025
The PBOC has set the USD/CNY midpoint at 7.1085, differing from the forecast of 7.1113.
Written on September 18, 2025 at 1:48 am, by
PBOC sets USD/CNY reference rate lower than expected; injects 195 billion yuan into financial system.
Disappointing economic data leads to further anticipated rate cuts for New Zealand, impacting the NZD/USD
Written on September 18, 2025 at 1:18 am, by
New Zealand dollar falls sharply as Q2 GDP contracts more than expected, prompting interest rate cut forecasts.
According to Westpac, the Reserve Bank of New Zealand is expected to reduce rates soon
Written on September 18, 2025 at 12:48 am, by
Westpac expects faster RBNZ rate cuts amid weak GDP and easing inflation, projecting 2.25% by November.
The USD/CNY reference rate is projected at 7.1113 by the PBOC, according to estimates
Written on September 18, 2025 at 12:48 am, by
PBOC sets yuan midpoint daily, guiding trading within a 2% band and responding to market forces.
Japan’s machinery orders rose 4.9% year-on-year, yet month-on-month results showed a concerning decline
Written on September 18, 2025 at 12:18 am, by
Japan’s July machine orders rose 4.9% year-on-year, missing expectations; month-on-month orders fell sharply.
The HKMA reduces its base rate to 4.5% to align with the U.S. Federal Reserve
Written on September 18, 2025 at 12:18 am, by
HKMA reduces interest rate to maintain HKD-USD peg, following U.S. Federal Reserve’s monetary policy changes.
Expectations suggest the Bank of England will maintain interest rates and reduce gilt sales pace
Written on September 17, 2025 at 11:49 pm, by
Bank of England slows bond sales, keeps rates at 4% amid high inflation and elevated borrowing costs.
China’s auto industry struggles with excess supply, leading to discounts and survival concerns for manufacturers
Written on September 17, 2025 at 11:48 pm, by
China’s car market faces oversupply, deep discounts, and dealer losses, threatening most EV brands’ survival by 2030.
New Zealand’s economy shrank by 0.9% in Q2, disappointing expectations and affecting NZD/USD negatively
Written on September 17, 2025 at 11:18 pm, by
New Zealand’s economy shrank 0.9% in Q2 2025, surpassing forecasts and prompting currency weakness.
Approval for new crypto ETF listing standards by the US SEC brings further positive momentum for cryptocurrency
Written on September 17, 2025 at 11:18 pm, by
SEC approves crypto ETF standards; Trump’s tariffs hit EURUSD; global economic shifts unsettle markets and investors.
