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Live Updates

12

Aug 2025
Local Chinese companies are advised by authorities to refrain from using Nvidia’s H20 chips for government applications

China discourages use of Nvidia’s H20 chips in government sectors, affecting prior U.S.-approved AI chip sales.

12

Aug 2025
The RBA reduced its cash rate to 3.60%, prioritising price stability and employment amidst ongoing uncertainty

RBA cuts rates as inflation nears target; focus shifts to labour market amid global uncertainty and slowing growth.

12

Aug 2025
FX option expiries may influence trader behaviour ahead of the upcoming US CPI report and data

EUR/USD and USD/CAD show notable option expiries; traders await US CPI for market direction clarity.

12

Aug 2025
Traders anticipate a 25 bps rate cut from the RBA, with muted market reactions expected

RBA expected to cut cash rate to 3.60%, with markets anticipating a muted reaction to decision.

12

Aug 2025
Xi and Lula discussed soybean trade, with US demands posing limited threat to Brazil’s exports

Xi, Lula discuss soy trade amid Trump’s US push; Brazil remains China’s top soybean supplier despite glut.

12

Aug 2025
Asian equities surged following a US-China tariff extension, with Australia’s business confidence reaching a three-year peak

U.S.–China extend tariff truce; Asian markets surge; China plans stimulus; RBA eyes rate cut today.

12

Aug 2025
JPMorgan warned of potential stagflation due to rising prices and slowing US growth and jobs

JPMorgan anticipates stagflation risks from tariffs, slowing demand, weakening job growth, and possible Fed rate cut.

12

Aug 2025
China plans to announce subsidised loan policies for consumers and services to bolster economic growth

China to unveil subsidised loan policies to boost consumption, aid services, and align with growth goals.

12

Aug 2025
In Washington, leaders from South Korea and the US will discuss economic security and alliances

South Korean President Lee to meet President Trump, aiming to strengthen alliance and economic security cooperation.

12

Aug 2025
In July, Australia’s business confidence rose to a three-year peak, amidst inflation concerns and varied conditions

Business confidence hits three-year high; sales rise, but conditions weaken amid inflation and expected rate cuts.

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