Live Updates

29

Jul 2025
The PBOC established a USD/CNY midpoint at 7.1511, lower than the predicted 7.1891.

PBOC sets yuan reference rate lower than expected, injects liquidity through reverse repos to manage currency.

29

Jul 2025
Morgan Stanley predicts the S&P 500 will reach 7,200, driven by a recovering earnings environment

Morgan Stanley forecasts 12% S&P 500 rise, driven by earnings recovery, AI, policy shifts, and optimism.

29

Jul 2025
The USD/CNY reference rate is projected at 7.1891, as estimated by Reuters

PBOC sets the yuan midpoint at 7.1891, guiding currency within a managed +/−2% trading band.

29

Jul 2025
Hong Kong has issued a storm warning, but trading remains unaffected despite potential weather disruptions

Amber rainstorm warning issued in Hong Kong; markets remain unaffected as trading continues per 2024 protocols.

29

Jul 2025
Morgan Stanley forecasts an S&P 500 target of 7200 by mid-2026, citing various economic factors

Morgan Stanley predicts S&P 500 will hit 7200 by mid-2026, citing strong earnings and AI growth.

29

Jul 2025
The Monetary Authority of Singapore is likely to maintain its current monetary policy amidst uncertainties

Singapore likely to maintain monetary policy amid economic recovery; MAS uses exchange rate to guide currency strength.

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