Live Updates

21

Jul 2025
The Reserve Bank of New Zealand’s inflation model recorded a decrease to 2.8% year-on-year

New Zealand’s inflation slows, CPI underperforms forecasts, boosting expectations for RBNZ rate cut; NZD weakens.

21

Jul 2025
Following a June trade agreement, exports of rare earth magnets from China to the U.S. soared dramatically

China’s rare earth magnet exports to the U.S. surged 660% in June after easing trade restrictions.

21

Jul 2025
Trump intends to impose 15% tariffs on EU goods, prompting strong retaliatory warnings from the bloc

Trump may raise tariffs to 15%, prompting EU unity and calls for strong countermeasures by August 1.

21

Jul 2025
Traders in the UK react to Ishiba’s election loss, causing fluctuations in the yen’s value

Japanese Prime Minister Ishiba’s party lost majority, prompting yen fluctuations and raising concerns over policy direction.

21

Jul 2025
The PBOC’s USD/CNY reference rate is set at 7.1522, differing from the estimated 7.1784

PBOC sets yuan midpoint lower than expected; injects liquidity; maintains lending rates; issues rare earth quotas.

21

Jul 2025
The People’s Bank of China maintained its Loan Prime Rates at 3% for one year and 3.5% for five years

China’s central bank maintains steady loan rates, shifting to 7-day repo rate to boost policy effectiveness.

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