Live Updates

11

Aug 2025
China’s lithium production cuts have raised concerns over oversupply, affecting market sentiment and stocks

CATL halts lithium mine operations, sparking market speculation; Australian lithium stocks and index reach highs.

11

Aug 2025
The PBOC will likely set the USD/CNY reference rate at 7.1845, as per Reuters estimates

The PBOC sets the yuan’s daily midpoint, guiding trading within a controlled 2% fluctuation band.

11

Aug 2025
China’s July data reveals declining producer prices and flat consumer prices, indicating persistent economic challenges

China’s factory-gate prices dropped again in July; consumer inflation remained flat amid weak domestic demand.

10

Aug 2025
The Reserve Bank of Australia is anticipated to decrease its cash rate by 25 basis points

RBA expected to cut rates; banks predict easing, but Governor Bullock likely to maintain hawkish tone.

10

Aug 2025
Nvidia and AMD are reported to agree on a 15% revenue tax for chips sold to China

Nvidia and AMD to give U.S. 15% of China chip sales revenue for export license approvals.

10

Aug 2025
Fed Governor Bowman advocates for three interest rate reductions, highlighting labour market weakness and economic slowdown

Fed’s Bowman urges three rate cuts, citing weak labor market and favoring a shift to neutrality.

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