Live Updates

18

Jul 2025
Amidst weak trade figures from Japan, the Pound strengthens against the Yen, highlighting Yen’s fragility

British Pound gains on weak Japanese trade data; GBP/JPY near highs as markets eye upcoming CPI impacts.

18

Jul 2025
China insists on part ownership for Cosco in Panama ports sale to prevent blockade of deal

China threatens $23B port deal unless Cosco joins buyers, asserting influence over strategic infrastructure.

18

Jul 2025
Christopher Waller suggested a 25 basis point rate cut; Fed’s blackout period is imminent

Federal Reserve Governor Waller supports a July rate cut, citing 3% as a suitable long-term rate.

18

Jul 2025
The Australian Dollar declines against the US Dollar due to poor employment figures and strong retail sales

Australian Dollar weakens as employment disappoints; US retail sales surge, altering interest rate expectations and outlook.

18

Jul 2025
A steep 93.5% import tariff on battery-grade graphite from China has been introduced by the US

US plans tariffs on Chinese graphite; final decision by December; Trump backs tariffs to aid economy.

18

Jul 2025
China’s retail sales are projected to surpass 50 trillion yuan by 2025, showing strong growth

China’s consumer market grows steadily, with rising retail sales, strong foreign investment, and resilient global trade.

18

Jul 2025
Ethereum’s price surpasses 3600 USD, buoyed by supportive crypto legislation and investment opportunities

Ethereum hits new high above $3600 as crypto bills pass and retirement market integration gains momentum.

18

Jul 2025
Mary C. Daly from the Federal Reserve implies a possible July rate cut without enthusiasm

Despite economic growth, inflation persists, complicating rate cuts. Fed cautions against preemptive moves despite optimism.

18

Jul 2025
US economic data strengthens the Greenback, causing a 0.07% decline in GBP/USD during trading

GBP/USD dipped on strong US data; Pound mixed after UK jobs report showed rising employment and unemployment.

18

Jul 2025
Waller’s comments suggest a likelihood of a rate cut, despite contrasting opinions within the Fed

Waller supports July rate cut, citing controlled inflation; contrasts with Fed officials wary of tariff-driven risks.

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