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Live Updates

3

Jul 2025
In June, Tesla reported a year-on-year increase of 3.7% in electric vehicle sales in China

Tesla sold 61,000 EVs in China in June, marking a 3.7% year-over-year sales increase.

3

Jul 2025
During the Asian session, silver’s price faced selling near $36.55-$36.60, reducing prior gains

Silver trades near $36.35; mixed technicals and payroll data await. Key levels: $35.50 support, $37.35 resistance.

3

Jul 2025
A BOJ board member suggested readiness for rate hikes if U.S. trade talks progress and uncertainties continue

BOJ’s Takata urges readiness for rate hikes amid U.S. trade progress and economic uncertainty.

3

Jul 2025
President Lee Jae-myung of South Korea expressed challenges regarding the negotiations on US tariffs

US-South Korea tariff talks stall; uncertainty persists as both sides seek mutually beneficial outcomes before deadline.

3

Jul 2025
The NZD/USD trades around 0.6080 as disappointing Chinese services sector data impacts the pair

NZD/USD declines amid weak China data; RBNZ holds rates, while Fed cut hopes support kiwi outlook.

3

Jul 2025
The PBOC’s reference rate for USD/CNY stands at 7.1523, stronger than the previous close

Yuan strengthens as PBOC sets midpoint; injects liquidity amid large maturity, causing net liquidity drain.

3

Jul 2025
According to Takata, the BoJ is merely pausing rate hikes before shifting policies further

BoJ pauses rate hikes, monitors inflation and US tariffs; yen fluctuates amid corporate profit and wage growth.

3

Jul 2025
In June, China’s Services PMI decreased to 50.6, falling short of the anticipated 51

China’s June services PMI dips to 50.6, modestly impacting AUD amid broader economic and trade considerations.

3

Jul 2025
The transition away from US dollar prominence will occur gradually amid global uncertainties and no alternatives

Key themes include global trade shock responses, gradual US dollar decline, and challenges in shifting reserve currencies.

3

Jul 2025
The Caixin Services PMI for China was reported at 50.6, disappointing analysts’ forecast of 51

China services growth slows; Euro, Pound steady; Gold lacks momentum; Bitcoin Cash rises; oil markets tense.

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