Live Updates

14

Jul 2025
In June 2025, New Zealand’s electronic card retail sales showed a monthly increase of 0.5% m/m

New Zealand’s June 2025 card sales rose 0.5% monthly but fell 0.4% from last year.

14

Jul 2025
In June, New Zealand’s services sector contracted for the fifth month, with a PSI reading of 47.3

New Zealand’s services sector remains in contraction, with modest improvements signaling delayed economic recovery ahead.

14

Jul 2025
Following Trump’s 30% tariff threat, US equity index futures fell approximately 0.5% in pre-market trading

US equity futures fall 0.5% after Trump’s EU, Mexico tariffs; EU plans response ahead of August.

14

Jul 2025
EU diplomats are close to finalising an 18th sanctions round, including a lower Russian oil price cap

EU nears 18th Russia sanctions package with dynamic oil price cap and expanded financial transaction bans.

13

Jul 2025
The EU prolongs its trade countermeasure suspension against the US to facilitate ongoing negotiations

EU extends suspension of countermeasures as U.S. tariff threats loom; talks focus on cars, farms, diplomacy.

13

Jul 2025
President Xi’s efforts to combat deflation are gaining momentum as markets respond positively and reforms loom

China targets unproductive competition with “Anti-involution” policy to curb overcapacity, boost profitability, and stabilize industries.

13

Jul 2025
Deutsche Bank cautions markets are neglecting risks associated with Trump potentially dismissing Powell, causing volatility

Deutsche Bank warns markets underestimate risks if Trump removes Fed Chair Powell; dollar, yields could shift.

13

Jul 2025
China’s June trade statistics are anticipated, with exports rising and imports recovering following a trade agreement

June trade data shows export rise, import rebound as China-US trade truce prompts limited agreement actions.

13

Jul 2025
Friedrich Merz plans collaboration with Macron and von der Leyen to address US trade tensions

Chancellor Merz seeks unity with EU leaders to resolve U.S. tariff dispute before August 1 deadline.

13

Jul 2025
A minor increase in USD is observed, with market volatility expected due to thin liquidity

Forex markets open with thin liquidity; Trump’s 30% tariff lifts USD slightly, potential gap fill expected.

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