Live Updates

4

Jul 2025
In May, Japan’s household spending rose to 4.7%, surpassing the predicted 1.2% increase

Japan’s household spending surges; gold and crypto climb; forex markets steady amid US holiday and uncertainty.

4

Jul 2025
Wang Yi reassured Europe regarding rare earth exports, dismissing concerns over trade tensions and controls

Wang Yi assures rare earth exports won’t hinder China-Europe ties; fast-track approvals aim to ease concerns.

4

Jul 2025
Increased from 5.7 billion to 10.14 billion, South Korea’s current account balance rose

South Korea’s May current account surplus doubled, indicating strengthened trade performance and improving economic conditions globally.

4

Jul 2025
Barclays projects Brent crude oil will reach $72/bbl by 2025, easing geopolitical tensions influencing demand

Barclays raises oil demand forecast; cuts Brent outlook to $72 in 2025 amid easing geopolitical tensions.

4

Jul 2025
The Euro declines against the US Dollar after US employment data supports prevailing Fed policy

Euro declines as strong US jobs data boosts dollar; ECB and upcoming EU data remain in focus.

4

Jul 2025
The Hong Kong Monetary Authority has intervened, purchasing HKD to stabilise its value against the USD

HKMA intervenes as Hong Kong dollar hits weak limit, maintaining peg through currency board and liquidity actions.

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