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29

Aug 2025
Caterpillar foresees a tariff impact of US$1.5bn to 1.8bn, causing a share price decline

Caterpillar lowers profit margin outlook as tariff impact grows to up to $1.8B, shares dip afterwards.

29

Aug 2025
The PBOC is anticipated to establish the USD/CNY reference rate at 7.1274 according to Reuters

PBOC sets daily USD/CNY midpoint at 7.1274, allowing 2% fluctuation within managed exchange band.

28

Aug 2025
Tokyo’s inflation reached 2.6% annually, prompting considerations for further Bank of Japan interest rate increases

Tokyo’s core inflation rose 3.1%, the highest since January 2024, amid steady wage and price gains.

28

Aug 2025
In July, Japan’s unemployment was 2.3%, while inflation figures revealed a 2.6% increase y/y

Japan’s unemployment dipped to 2.3%; industrial output fell, while retail sales and CPI showed modest changes.

28

Aug 2025
Waller stated the Fed aims to reach neutral rates, questioning the speed of the cuts

Fed Governor Waller signals future rate cuts, downplays debt urgency, and suggests inflation is temporary.

28

Aug 2025
Stephen Miran’s Senate hearing is scheduled for 10am, aiming for Trump’s desired rate cuts

Senate Banking Committee to review Trump nominee Stephen Miran, favoring lower rates and reduced Fed independence.

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