Live Updates

    7 March 2025
    China’s export growth is predicted to slow due to trade pressures and holiday disruptions, with imports stable

    China’s export growth slowed in early 2023 due to the Lunar New Year and U.S. trade pressures.

    7 March 2025
    Traders’ fears regarding a trade war halted the Pound Sterling’s three-day rally near 1.2900

    The Pound Sterling pauses after gains, trading at 1.2885 as US Dollar weakens amid tariff concerns.

    7 March 2025
    Canada intends to review Trump’s executive order before issuing any response regarding tariffs

    Canada reviews US order’s impact amid trade uncertainty, assessing scope and potential adjustments before responding to tariffs.

    6 March 2025
    The PBOC sets today’s yuan reference at 7.1692, lower than the estimated 7.2386, amid liquidity adjustments.

    PBOC sets USD/CNY midpoint at 7.1692, stronger than expected. Net liquidity drain reaches 110.5 billion yuan.

    6 March 2025
    Atsushi Mimura highlights rising trade protectionism and the need to balance globalisation’s challenges

    Atsushi Mimura, Japan’s top currency diplomat, stresses balance in addressing globalisation downsides without protectionist measures.

    6 March 2025
    Trump announced plans to collaborate with House Republicans on government funding through September without expenditure cuts

    Trump collaborates with House Republicans on funding resolution, aiming for tax cuts, spending reductions, and a spending freeze.

    6 March 2025
    The PBOC is anticipated to establish the USD/CNY reference rate at 7.2386 according to Reuters

    The PBOC sets the yuan’s daily midpoint, allowing a 2% trading band and intervening to stabilise fluctuations.

    6 March 2025
    The yen weakened as the 10-year JGB yield reached a peak not seen since 2009

    The yen weakens as Japan’s 10-year bond yield hits 1.5%, its highest level since 2009.

    6 March 2025
    Roberto Perli discussed potential implications of the Fed pausing quantitative tightening at a university event

    Roberto Perli stated balance sheet reduction continues smoothly, with no short-term pause expected despite policy uncertainties.

    6 March 2025
    Germany’s fiscal changes boost the euro, but future tariffs could trigger its decline again

    Germany may ease fiscal rules for military and infrastructure, while US tariffs could impact euro strength and EUR/USD trends.

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