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Live Updates

25

Jul 2025
Trump is transitioning to negotiation with China, aiming for improved trade terms and market access

The U.S. shifts to diplomacy with China, aiming for better trade terms, especially in technology.

25

Jul 2025
Trump visited the Federal Reserve construction site, affirming Powell’s position and requesting lower interest rates

Trump urges lower interest rates, cites rising costs; jokes he’d be happy if Powell cuts rates.

25

Jul 2025
New home inventory reached 9.8 months, historically suggesting recession risks and influencing builders’ pricing strategies

New home inventory hits recession-linked high; sales dip, prices fall as buyers hesitate amid high rates.

25

Jul 2025
Country Garden has agreed to bank demands, alleviating immediate concerns over its debt restructuring

Country Garden’s debt deal eases default fears, boosting investor confidence and lifting Asian real estate sentiment.

25

Jul 2025
The USD/JPY continues to rise above 147.40, with no fresh news impacting the yen’s weakness

USD/JPY rises past 147.40 as Tokyo inflation remains above target, delaying potential Bank of Japan hikes.

25

Jul 2025
Intel is cutting jobs and may completely withdraw from advanced chip production within four years

Intel cuts 15% of global workforce, cancels factories, and warns of exiting advanced chip manufacturing.

25

Jul 2025
Analysts express uncertainty about the yuan’s longevity amidst economic challenges and potential U.S. dollar strength

Yuan hits eight-month high but faces pressure from weak demand, strong U.S. dollar, and slowing reforms.

25

Jul 2025
The PBOC established the USD/CNY rate at 7.1419, injecting 601.8bn yuan into the market

PBOC injects 601.8 billion yuan through reverse repos; sets yuan midpoint at 7.1419 today.

25

Jul 2025
According to Morgan Stanley, firms investing in AI are experiencing enhanced earnings and stock performance.

Early AI adopters in finance, real estate, and retail enjoy stronger earnings, stock momentum, and market leadership.

25

Jul 2025
The PBOC plans to set the USD/CNY rate at 7.1609, according to Reuters prediction

The PBOC sets a daily yuan midpoint, allowing 2% fluctuations and intervenes to maintain stability.

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