Live Updates

28

Jul 2025
A major global company has contracted Samsung Electronics for US$16.5 billion in semiconductors

Samsung secures $16.5 billion semiconductor deal with undisclosed global firm, boosting production ambitions through 2033.

28

Jul 2025
The USD/CNY reference rate is projected by Reuters at 7.1653, set by the PBOC

The PBOC manages yuan’s value daily, using a midpoint and interventions to maintain stable exchange rates.

27

Jul 2025
Increased hedging by Australian pension funds may drive demand for the local currency, boosting AUD

Increased hedging by Australian pension funds is boosting AUD demand, potentially raising its value significantly.

27

Jul 2025
Oil prices are influenced by surplus concerns while currently hovering around $70 per barrel

Oil prices near $70 may decline, as forecasts predict surplus supply and slowing demand in coming months.

27

Jul 2025
Following the EU/US trade tariff framework announcement, EUR/USD experienced slight upward movement before stabilising.

Trump and EU President von der Leyen agree on trade tariffs; markets react with cautious optimism.

27

Jul 2025
An official stated that aircraft tariffs will remain at zero until the investigation concludes, steel tariff stays at 50%

US-EU trade talks ongoing; aircraft tariffs paused pending investigation, while 50% steel tariffs remain unchanged.

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