Live Updates

7

Aug 2025
Atlanta Fed President Bostic will discuss monetary policy during a virtual event with World Kinect Corporation

Fed officials hint at possible interest rate changes; Bostic to discuss monetary policy with CFO group.

7

Aug 2025
Saudi Arabia increased oil prices for Asia, anticipating heightened Indian demand amid tight supply conditions

Saudi Arabia raises September crude prices for Asia amid tight supply and strong demand, aligning with expectations.

7

Aug 2025
TSMC’s shares rose following Taiwan’s announcement about a tariff exemption from Trump, with details pending

TSMC shares rise as Taiwan expects tariff exemption; Philippines warns of devastating impact on exports.

7

Aug 2025
Australia’s trade balance showed a surplus of 5,365 million, exceeding expectations and previous figures

Australia’s trade surplus surged in June 2025, driven by rising exports and falling imports across sectors.

7

Aug 2025
An adviser to Trump indicates a cautious stance on imposing extra tariffs for China’s Russian oil purchases

U.S. delays new China tariffs, cautious amid Russian oil links, avoiding self-harm while increasing Indian duties.

7

Aug 2025
The PBOC establishes the USD/CNY reference rate at 7.1345, outperforming the estimated 7.1709

PBOC sets yuan reference rate at 7.1345, marking its strongest level against dollar since November.

7

Aug 2025
The yen weakens due to reports of additional tariffs imposed by Trump on Japanese imports

U.S. imposes 15% tariff on all Japanese imports, shaking yen after initial signs of stability.

7

Aug 2025
BP projects a 1% increase in oil demand for 2025 and 2026, giving OPEC+ pricing control

BP forecasts 1% oil demand growth in 2025–2026, indicating balanced market dynamics and rising prices.

7

Aug 2025
AAPL shares rose by 2.3% after Trump’s tariff proposal and Cook’s pledge of $600 billion investment

Apple’s $600B U.S. investment pledge boosts shares after 100% semiconductor import tariff announcement.

7

Aug 2025
The yuan’s reference rate could be set at 7.1709, as estimated by Reuters

The PBOC guides yuan trading with a daily midpoint and intervenes to maintain market stability when needed.

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