Monthly Archives: May 2025
China permits 60 billion yuan from insurance funds for equities, aiming to enhance financial stability and confidence
Written on May 7, 2025 at 9:16 am, by luna
China boosts insurance fund equity investments by 60 billion yuan to strengthen markets and stabilize economy.
Forex market analysis: 7 May 2025
Written on May 7, 2025 at 9:12 am, by luna
Global markets are showing signs of a cautious recovery as investors focus on trade talks between the US and China, along with upcoming central bank decisions. While policy signals from China and hopes for better dialogue offer some optimism, uncertainty around interest rates and global tensions is keeping many traders in wait-and-see mode. Global equities Continue Reading
China’s sovereign fund, Central Huijin, plans enhanced support for local stock markets and reforms
Written on May 7, 2025 at 8:46 am, by luna
CSRC supports Central Huijin, boosts tech boards, ensures stability, and promotes long-term capital in markets.
The PBOC governor announced a 25 bps reduction in structural policy tool interest rates and banks’ deposits
Written on May 7, 2025 at 8:16 am, by luna
PBOC cuts key rates, guiding banks to lower deposits amid global uncertainties and economic slowdown concerns.
The pair hovers around 1.1360, showing bullish potential as it tests support near 1.1350
Written on May 7, 2025 at 8:11 am, by luna
EUR/USD shows bullish momentum above 1.1320 EMA, eyeing 1.1573 resistance within an ascending channel pattern.
In Saudi Arabia, gold prices have decreased, based on recently compiled data from reliable sources
Written on May 7, 2025 at 7:40 am, by luna
Gold prices in Saudi Arabia dropped as global market trends and currency shifts influence local valuation rates.
In Australia, Santos’s CEO reported 200 wells submerged by flooding, leading to a 15% decline in production
Written on May 7, 2025 at 7:16 am, by luna
Flooding in Australia’s Cooper Basin submerges 200+ wells, cutting Santos’ production by 15 percent.
In the Philippines, gold prices declined today based on gathered data.
Written on May 7, 2025 at 7:10 am, by luna
Gold prices in the Philippines fell, influenced by global market conditions, currency strength, and geopolitical tensions.
The April Services PMI for Japan exceeded predictions, coming in at 52.4 rather than 52.2
Written on May 7, 2025 at 6:40 am, by luna
Japan’s services grow, USD strengthens on trade optimism, gold dips, Bitcoin nears resistance, central banks await.
The Chief of the People’s Bank of China, Pan Gongsheng, will hold a press conference soon
Written on May 7, 2025 at 6:16 am, by luna
PBOC Governor Pan Gongsheng to speak; major financial updates expected from China’s key regulators.
