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Live Updates

23

Jul 2025
The PBOC set the USD/CNY midpoint at 7.1414, higher than the previous close of 7.1695

PBOC sets yuan midpoint at 7.1414, injects liquidity via reverse repos, causing net fund drainage.

23

Jul 2025
PIMCO warns excessive US spending might constrain the Federal Reserve as fiscal pressures intensify

PIMCO warns Brazil’s rising government spending may mirror U.S. fiscal issues, risking economic sustainability.

23

Jul 2025
Westpac reports its Leading Index indicates decreasing momentum, highlighting concerns about economic fragility ahead

Australia’s economic momentum stalls as leading index growth slows, signaling potential near-term fragility and caution.

23

Jul 2025
The PBOC plans to set the USD/CNY reference rate at 7.1596, according to estimates

The PBOC sets the yuan’s daily midpoint and manages a +/-2% trading band to ensure stability.

23

Jul 2025
Hirofumi Suzuki highlighted limited yen support despite encouraging trade news amid ongoing political instability

Trade news boosts optimism, but Bank of Japan unlikely to change rates amid political and market uncertainties.

22

Jul 2025
Recent political changes in Japan complicate US trade negotiations, affecting USDJPY’s market dynamics and forecasts

USDJPY dips below resistance amid weaker dollar, political uncertainty in Japan; traders eye key support levels.

22

Jul 2025
The dollar declined as Treasury yields dropped, creating uncertainty ahead of an approaching trade deadline

Dollar weakens as Treasury yields fall; markets weigh trade deadline, short squeeze impact, and mixed sentiment.

22

Jul 2025
The BoJ plans to maintain its benchmark rate, awaiting clarity from trade discussions and fiscal policy

The Bank of Japan maintains rates, awaiting trade outcomes and monitoring potential impacts from fiscal stimulus.

22

Jul 2025
The agenda appears dull with minimal data; speeches will lack monetary policy insights from officials

Markets remain quiet with minimal data; speeches from Powell and Lagarde unlikely to impact monetary policy direction.

22

Jul 2025
Japan’s trade negotiator continues discussions with the US on tariff issues, seeking mutual agreement

Japan and US trade talks continue, with no agreement yet reached on tariffs after lengthy discussions.

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