Live Updates

1

Aug 2025
China’s NDRC plans policy initiatives to support economic growth, AI integration, and curb competition

China’s NDRC promotes AI integration, economic stability, private sector support, and cautious trade and investment strategies.

1

Aug 2025
Trump expresses willingness for further trade negotiations with Canada despite recent tariff increases

Trump signals openness to trade talks with Canada despite new 35% tariffs on goods outside USMCA.

1

Aug 2025
China has halted corporate investment approvals in the U.S. due to escalating trade tensions

China suspends U.S.-bound investments, reflecting rising trade tensions and regulatory retaliation amid economic decoupling.

1

Aug 2025
In July, China’s manufacturing sector contracted with a PMI of 49.5, reflecting weak demand and costs

China’s manufacturing contracts in July; weak demand, rising costs, and export declines raise economic growth concerns.

1

Aug 2025
In Australia, Q2 PPI increased by 0.7% quarterly and 3.4% annually, reflecting slowed growth

Australia’s Q2 PPI rose 0.7%, the slowest pace since mid-2023; AUD/USD remains stable.

1

Aug 2025
Kato expresses concern over currency fluctuations caused by speculators, advocating for stability and fundamentals

Japan’s Finance Minister urges currency stability, warns of speculator influence, and monitors U.S. tariffs and trade.

1

Aug 2025
The PBOC established the USD/CNY midpoint at 7.1496, lower than the predicted 7.2033, injecting 126bn yuan

PBOC sets yuan midpoint at 7.1998, drains liquidity by 663.3 billion yuan via reverse repos.

1

Aug 2025
Japan’s economy minister highlights rate caution and urges the U.S. to reduce auto tariffs

Japan urges U.S. tariff reduction as Economy Minister Akazawa backs BOJ’s steady rates amid uncertainties.

1

Aug 2025
Japan’s July manufacturing activity contracted, with final PMI dropping to 48.9, indicating ongoing weakness

Japan’s factory activity contracts in July as output falls, costs rise, and business confidence cautiously improves.

1

Aug 2025
The USD/CNY reference rate is anticipated to be set at 7.2033 by the PBOC

The PBOC sets the yuan’s midpoint daily, allowing limited fluctuation while intervening to manage volatility.

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