Live Updates

2

Jul 2025
The PBOC established a USD/CNY rate of 7.1546, slightly above the prior fixing of 7.1534

PBoC sets USD/CNY rate at 7.1546, aims for stability, growth, and financial market reform.

2

Jul 2025
In a Fox interview, Secretary Bessent expressed confidence that the Fed will lower rates by September

Federal Reserve may cut rates before September; dollar strength influenced by monetary policy and global trade dynamics.

2

Jul 2025
The USD experienced fluctuations, influenced by US economic data and various central bank comments regarding rates

US dollar steadies after data beats; central banks stay cautious; Powell warns on inflation, debt, and tariffs.

2

Jul 2025
A private inventory survey revealed a crude oil build contrary to expected draw predictions for barrels

API reports unexpected crude build; market awaits more detailed EIA data to assess oil inventory trends.

2

Jul 2025
Amidst early trading, the US Dollar weakened further, hitting a low not seen since February 2022

US Dollar Index weakens amid fiscal worries, political pressure, and dovish Fed outlook; rebounds on strong data.

2

Jul 2025
Funds flowed into Dow and small-cap stocks while large tech shares experienced declines

Tech stocks fell on rate cut doubts; Dow outperformed with strong gains in health and industrial sectors.

2

Jul 2025
The GDT Price Index in New Zealand decreased from -1% to -4.1% compared to before

Global dairy prices fall; USD weakens, supporting gold and currencies; oil market eyes Iran-Israel tensions.

2

Jul 2025
Australian retail sales data is anticipated, influencing next week’s Reserve Bank of Australia’s cash rate decision

Australia retail sales data watched ahead of RBA meeting; a 25bp rate cut widely anticipated.

2

Jul 2025
The Pound falls against the Dollar after reaching a high, influenced by US data and BoE comments

GBP/USD slips 0.07% after three-year high, pressured by strong US data and dovish Bank of England.

2

Jul 2025
After reaching a peak not seen since September 2021, the Euro slightly declines against the Dollar

Euro dips slightly against Dollar; inflation stabilizes; US data boosts Dollar; markets await Powell, jobs report.

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