Live Updates

7

Jul 2025
German industrial production rose by 1.2%, contrasting with expected stagnation, following prior revisions downwards

Germany’s industrial production rose 1.2% in May, exceeding expectations despite declines in energy-intensive sectors.

7

Jul 2025
In June, Austria’s year-on-year wholesale prices rose to 0.2% from a prior -0.5%

Austria’s wholesale prices increased by 0.2% in June, signaling a possible economic recovery trend.

7

Jul 2025
Central banks’ meetings highlight expectations of rate cuts from the RBA and stability from the RBNZ

RBA eyes rate cut amid market certainty; RBNZ likely to hold steady, awaiting more economic data.

7

Jul 2025
A few EUR/USD FX option expiries may influence price action amidst trade concerns and market dynamics

EUR/USD expiries between 1.1750–1.1800 may limit movement; market awaits Wall Street’s reopening impact.

7

Jul 2025
The NZIER Shadow Board recommends the RBNZ maintain the current cash rate amid inflation uncertainties

NZIER’s shadow board advises holding OCR at 3.25% amid economic sluggishness and uncertain inflation outlook.

7

Jul 2025
Against a strengthening US Dollar, the Japanese Yen continues to face persistent selling pressure

Yen hovers above 145 amid weak wages, strong dollar, and global tensions impacting monetary policy outlook.

7

Jul 2025
According to Goldman Sachs, strong US labour data suggests continued Federal Reserve patience and rate stability

U.S. job growth exceeded expectations in June, reinforcing economic stability and supporting cautious Federal Reserve policy.

7

Jul 2025
Trump announced tariffs to be delivered soon and warned of additional charges for BRICS alignment

Trump announced global tariff deals starting July 7; BRICS-supporting nations face additional 10% penalty tariff.

7

Jul 2025
Tesla’s market share in China declines as local rivals introduce innovative features and fast-charging tech

Tesla loses ground in China as local EV makers offer tailored features and faster charging technologies.

7

Jul 2025
New Chinese restrictions on EU medical device purchases follow the EU’s recent procurement ban

China restricts high-value EU medical device imports in retaliation for EU’s procurement ban on Chinese firms.

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