Monthly Archives: August 2025
In July 2025, Australia’s private sector credit rose 0.7% monthly, surpassing forecasts and previous results
Written on August 29, 2025 at 1:58 am, by
Australian private sector credit rose 0.7% in July 2025, signaling strengthening borrowing and economic confidence.
The PBOC establishes USD/CNY midpoint at 7.1030, showcasing the yuan’s strength and recent adjustments
Written on August 29, 2025 at 1:29 am, by
PBOC sets strongest yuan midpoint since November; injects 421.7 billion yuan via reverse repos to stabilize liquidity.
Caterpillar foresees a tariff impact of US$1.5bn to 1.8bn, causing a share price decline
Written on August 29, 2025 at 1:28 am, by
Caterpillar lowers profit margin outlook as tariff impact grows to up to $1.8B, shares dip afterwards.
Chancellor Rachel Reeves may enhance revenue through a windfall tax on banks’ excessive profits
Written on August 29, 2025 at 12:58 am, by
UK considers windfall tax on banks’ profits from deposits, potentially raising billions for fiscal space.
The PBOC is anticipated to establish the USD/CNY reference rate at 7.1274 according to Reuters
Written on August 29, 2025 at 12:29 am, by
PBOC sets daily USD/CNY midpoint at 7.1274, allowing 2% fluctuation within managed exchange band.
Japan’s July data reveals a decline in industrial output and lower-than-expected retail sales growth
Written on August 29, 2025 at 12:29 am, by
Japan’s industrial production drops 1.6% in July; modest retail sales growth beats expectations but slows.
Tokyo’s inflation reached 2.6% annually, prompting considerations for further Bank of Japan interest rate increases
Written on August 28, 2025 at 11:59 pm, by
Tokyo’s core inflation rose 3.1%, the highest since January 2024, amid steady wage and price gains.
In July, Japan’s unemployment was 2.3%, while inflation figures revealed a 2.6% increase y/y
Written on August 28, 2025 at 11:59 pm, by
Japan’s unemployment dipped to 2.3%; industrial output fell, while retail sales and CPI showed modest changes.
Waller stated the Fed aims to reach neutral rates, questioning the speed of the cuts
Written on August 28, 2025 at 11:29 pm, by
Fed Governor Waller signals future rate cuts, downplays debt urgency, and suggests inflation is temporary.
Stephen Miran’s Senate hearing is scheduled for 10am, aiming for Trump’s desired rate cuts
Written on August 28, 2025 at 11:28 pm, by
Senate Banking Committee to review Trump nominee Stephen Miran, favoring lower rates and reduced Fed independence.
