Live Updates

3

Jul 2025
President Lee Jae-myung of South Korea expressed challenges regarding the negotiations on US tariffs

US-South Korea tariff talks stall; uncertainty persists as both sides seek mutually beneficial outcomes before deadline.

3

Jul 2025
In June 2025, China’s services PMI decreased to 50.6, indicating slow growth and dampened activity

China’s service sector growth slows, export orders plunge; manufacturing boosts composite PMI amid cautious business sentiment.

3

Jul 2025
The NZD/USD trades around 0.6080 as disappointing Chinese services sector data impacts the pair

NZD/USD declines amid weak China data; RBNZ holds rates, while Fed cut hopes support kiwi outlook.

3

Jul 2025
The PBOC’s reference rate for USD/CNY stands at 7.1523, stronger than the previous close

Yuan strengthens as PBOC sets midpoint; injects liquidity amid large maturity, causing net liquidity drain.

3

Jul 2025
According to Takata, the BoJ is merely pausing rate hikes before shifting policies further

BoJ pauses rate hikes, monitors inflation and US tariffs; yen fluctuates amid corporate profit and wage growth.

3

Jul 2025
Japan’s final Services PMI reached 51.7, marking three months of growth with improved business confidence

Japan’s services PMI rose to 51.7 in June, with employment and business confidence both improving notably.

3

Jul 2025
In June, China’s Services PMI decreased to 50.6, falling short of the anticipated 51

China’s June services PMI dips to 50.6, modestly impacting AUD amid broader economic and trade considerations.

3

Jul 2025
The transition away from US dollar prominence will occur gradually amid global uncertainties and no alternatives

Key themes include global trade shock responses, gradual US dollar decline, and challenges in shifting reserve currencies.

3

Jul 2025
The Caixin Services PMI for China was reported at 50.6, disappointing analysts’ forecast of 51

China services growth slows; Euro, Pound steady; Gold lacks momentum; Bitcoin Cash rises; oil markets tense.

3

Jul 2025
In May, Australia’s trade surplus decreased to 2,238 million, falling short of expectations and previous figures

Australia’s trade surplus shrank in May; exports fell, imports rose, pressuring AUD amid global economic shifts.

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