Live Updates

26

Aug 2025
Concerned about currency fluctuations, Japan’s finance minister emphasised the need for stable movement reflecting fundamentals

Japan’s Finance Minister Kato urges yen stability, monitors debt strategies, and anticipates tax reform discussions.

26

Aug 2025
The RBA anticipates needing to further cut the cash rate over the next year due to economic conditions

RBA lowers rate to 3.60%, signals data-dependent cuts amid inflation, labour market, and global risks.

26

Aug 2025
The US dollar plummeted after Trump dismissed Federal Reserve Governor Cook through social media messages

Trump dismisses Fed Governor Cook, shaking markets; dollar weakens as gold and major currencies strengthen.

26

Aug 2025
The PBOC sets the USD/CNY reference rate at 7.1188, differing from the estimated 7.1670

PBOC sets USD/CNY lower than expected, drains liquidity with net 174.5bn yuan through reverse repos.

26

Aug 2025
Trump suggested potential tariffs on nations imposing digital taxes targeting American technology companies and semiconductors

Trump warns of tariffs and export restrictions targeting nations with discriminatory digital taxes and tech regulations.

26

Aug 2025
China’s top trade negotiator Li Chenggang visits Washington for initial discussions with U.S. officials and businesses

Chinese trade envoy Li Chenggang visits Washington to discuss tariffs, rare earths, and technology exports.

26

Aug 2025
The PBOC is anticipated to set the USD/CNY reference rate at 7.1670, according to Reuters

The PBOC sets a daily midpoint for the yuan, allowing controlled fluctuations within a regulated trading band.

26

Aug 2025
Gold, yen, euro, and franc rise as Trump’s actions weaken the US dollar further

Gold, euro, yen, and franc rise as US dollar weakens after Trump’s Fed and tariff moves.

26

Aug 2025
Trump’s move to dismiss Fed Governor Cook has negatively impacted the USD and boosted gold prices

Trump’s move to dismiss Fed Governor Cook weakens USD, raises rate cut odds, and boosts gold prices.

26

Aug 2025
Trump aims to replace Fed Governor Cook, causing the US dollar to weaken while gold rises

Trump’s removal of Fed Governor Cook causes market shock, weakening dollar and boosting gold prices swiftly.

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