Live Updates

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.

1

Aug 2025
The Swiss franc continues to decline following Trump’s announcement of a 39% tariff rate

Swiss franc weakens after Trump announces steep tariff hikes on Canada, Switzerland, and suspected transshipped goods.

1

Aug 2025
An anticipated pullback for the S&P 500 may occur, following previous projections not realised recently

SP500 defies seasonal trends, surges past forecasts, eyes green W-5 target; key supports strengthen bullish outlook.

1

Aug 2025
Despite a strong USD, gold prices increased as the Fed maintained interest rates unchanged

Gold rises as Fed holds rates; strong data, falling yields, and trade easing support increased investor demand.

1

Aug 2025
A senior official confirms that decisions on trade with China remain pending and unclear

US trade policy shifts with raised tariffs; no final China deal yet amid ongoing global trade tensions.

1

Aug 2025
The unemployment rate in Japan stays steady at 2.5%, with a job applicant ratio of 1.22

Japan’s unemployment rate remained steady at 2.5% in June; job-to-applicant ratio slightly declined.

1

Aug 2025
Amid trade concerns before the tariff deadline, gold rallies after dipping to a monthly low

Gold rallies to $3,306 amid trade tensions, safe-haven demand, and central bank purchases boost support.

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