Live Updates

22

Jul 2025
Goldman Sachs anticipates three successive 25 basis point interest rate reductions from the Federal Reserve

Goldman Sachs expects Fed rate cuts starting September, boosting risk assets if inflation remains under control.

22

Jul 2025
The USD/CNY reference rate is anticipated at 7.1635 by the People’s Bank of China

The PBOC sets a daily yuan midpoint, guiding currency moves within a managed ±2% trading band.

22

Jul 2025
Following a holiday, Japanese markets show little change in JGBs and equity futures amidst uncertainty

Yen fluctuates after election loss weakens ruling coalition; markets show limited reaction amid political uncertainty.

21

Jul 2025
Bessent emphasised the need for banking regulatory reforms and questioned existing capital requirements at a conference

Scott Bessent urges modernised banking reforms, criticising outdated capital rules and advocating options for community banks.

21

Jul 2025
Amid speculation of SNB intervention, the Euro strengthens against the Swiss Franc despite trade risks

EUR/CHF rises on SNB intervention rumours; EU–US trade tensions limit gains amid tariff deadline concerns.

21

Jul 2025
A $2.7 billion loss for Stellantis followed a 25% drop in North American sales due to tariffs

Stellantis cites $350M in tariff-related losses, halted production, and a 25% North American sales decline.

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