Live Updates

15

Aug 2025
Reuters anticipates the PBOC will establish the USD/CNY reference rate at 7.1852 shortly

The PBOC sets the yuan’s daily midpoint, managing value within a 2% trading band using interventions.

15

Aug 2025
Japan’s preliminary Q2 GDP growth was 0.3%, surpassing forecasts due to business spending and exports

Japan’s GDP grew beyond forecasts, driven by strong business investment and exports, despite inventory reductions.

14

Aug 2025
Intel shares rose over 7% following reports of a potential US government investment in the company

Intel shares jumped over 7% amid reports of potential U.S. government equity stake for chip project.

14

Aug 2025
Standard Chartered anticipates Ethereum may reach $25,000 due to rising corporate treasury demand and institutional interest

Standard Chartered raises Ethereum forecast to $25,000 by 2028, citing strong demand and institutional interest.

14

Aug 2025
In New Zealand, the Food Price Index rose 0.7% monthly, following a previous increase of 1.2%

New Zealand’s food prices rose 0.7% in July; yearly increase hits 5%, inflation pressures remain.

14

Aug 2025
In July, New Zealand’s manufacturing PMI rose to 52.8, indicating a return to expansion

New Zealand’s manufacturing PMI rises to 52.8 in July, signaling renewed growth despite economic challenges.

14

Aug 2025
Soros Fund Management and Appaloosa significantly increased Nvidia holdings, highlighting confidence in the company’s future

Soros and Appaloosa significantly boosted Nvidia stakes; both also increased investments in struggling UnitedHealth Group.

14

Aug 2025
Warren Buffett has acquired new stakes in UnitedHealth, Nucor, and homebuilders while reducing Apple and BofA.

Berkshire Hathaway invests in UnitedHealth, Nucor, Lennar, DR Horton; trims Apple, Bank of America holdings.

14

Aug 2025
PPI exceeded forecasts, raising inflation concerns, while US stock indices remained mostly stable amid mixed signals

US PPI rose 0.9% in July, reducing rate cut expectations and strengthening the US dollar broadly.

14

Aug 2025
At 1000 Eastern Time, Powell will address the audience during the upcoming Jackson Hole symposium

Federal Reserve Chair Powell to speak at Jackson Hole; markets anticipate key economic policy signals.

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