Monthly Archives: August 2025
Two Chinese individuals are charged with illegally exporting Nvidia AI chips to China through California.
Written on August 6, 2025 at 2:56 am, by
Two Chinese nationals allegedly bypassed U.S. export controls, sending advanced AI chips to China illegally.
After the kiwi jobs data release, NZD/USD and AUD/USD returned to session highs
Written on August 6, 2025 at 2:56 am, by
New Zealand’s unemployment dips to 5.2%, boosting kiwi; rate cut expected, further easing possible.
AMD’s Q2 results exceeded revenue expectations but data centre performance disappointed, impacting share prices negatively
Written on August 6, 2025 at 2:26 am, by
AMD beat revenue estimates but missed in data centre growth; AI chip sales to China remain uncertain.
The Kansas City Fed hosts a longstanding symposium at Jackson Hole, uniting various economic stakeholders
Written on August 6, 2025 at 2:26 am, by
Federal Reserve’s Jackson Hole symposium to explore labor market shifts, demographics, productivity, and macroeconomic policy.
The PBOC set the USD/CNY midpoint at 7.1409, lower than predictions, amid liquidity measures
Written on August 6, 2025 at 1:57 am, by
PBOC sets USD/CNY midpoint lower, injects liquidity amid net drain, supporting managed floating exchange system.
Ethereum futures are bearish below $3,615, with current trading at $3,588, indicating downward pressure
Written on August 6, 2025 at 1:56 am, by
Ethereum remains bearish below $3,615; short targets include $3,540, while long trades activate above $3,655.
Labour market conditions in New Zealand suggest a likely interest rate cut by the RBNZ
Written on August 6, 2025 at 1:27 am, by
New Zealand’s labour market cools, supporting expectations for RBNZ rate cut as unemployment and participation drop.
Deutsche Bank predicts a BoE rate cut, while suggesting the ECB may have concluded easing
Written on August 6, 2025 at 1:26 am, by
Deutsche Bank forecasts BoE rate cut amid cooling inflation, while ECB holds rates steady amid hawkish signals.
HSBC anticipates continued Japanese yen weakness due to U.S. policy risks and domestic political instability
Written on August 6, 2025 at 12:57 am, by
HSBC expects yen weakness due to U.S. rate risks, Japan’s political uncertainty, and BOJ’s caution.
The expected USD/CNY reference rate set by the PBOC is 7.1797 according to Reuters estimates
Written on August 6, 2025 at 12:56 am, by
The PBOC sets the yuan’s daily midpoint, allowing 2% fluctuation and intervenes to maintain stability.
