Live Updates

4

Aug 2025
The PBOC established a USD/CNY midpoint at 7.1395, lower than forecasts, while injecting funds

China sets yuan midpoint at 7.1395, injects net 49 billion yuan via 7-day reverse repos.

4

Aug 2025
China’s limitations on essential minerals impact US defence costs and production, escalating supply chain challenges

China’s mineral export limits disrupt U.S. defence production, raising costs and highlighting reliance on Chinese supply chains.

4

Aug 2025
ANZ attributes oil price decline to reduced US demand, influenced by OPEC’s planned production increase

Cooling US jobs, factory slowdown, and OPEC+ production boost raise concerns, influencing crude oil prices downward.

4

Aug 2025
The PBOC is anticipated to set the USD/CNY midpoint at 7.1774, according to estimates

The PBOC sets a daily yuan midpoint, allowing limited fluctuation and intervenes to ensure currency stability.

4

Aug 2025
Research from the RBNZ highlights price-setting behaviours and their impact on current and future inflation trends

Firms’ responses to recent inflation strongly influence price-setting; key insight for improving inflation forecasting models.

4

Aug 2025
Goldman Sachs maintains its 2026 Brent crude price forecast at $56, anticipating OPEC+ supply stability

Goldman Sachs keeps 2026 Brent crude forecast at $56, expecting OPEC+ to pause further supply increases.

3

Aug 2025
J.P. Morgan’s analysts express concern regarding political interference in U.S. economic data collection integrity

J.P. Morgan warns that removing BLS head threatens data integrity, risking economic missteps and policy instability.

3

Aug 2025
U.S. President Trump and Canadian Prime Minister Carney are expected to discuss tariff reductions soon

Trump and Carney plan talks amid U.S.-Canada tariff dispute over fentanyl concerns and ongoing trade tensions.

3

Aug 2025
The Allianz chief economic adviser highlights US wage decline and increasing inequality, linked to inflation reduction

Wage growth slows for most, except top earners; El-Erian warns of disparities and shifting economic focus.

3

Aug 2025
Next week, the Bank of Japan will share insights about interest rate hikes and monetary policy

Bank of Japan’s policy outlook to be clarified with June minutes and July summary released this week.

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