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Monthly Archives: March 2025
Japan’s final February Services PMI reached 53.7, up from 53.0, with a Composite at 52.0
Written on March 5, 2025 at 5:34 am, by anakin
Japan’s Services PMI rose to 53.7, Composite PMI reached 52.0, and Manufacturing PMI improved to 49.0.
During Asian trading, the USD/JPY pair sees increased buying interest, reaching approximately 149.75
Written on March 5, 2025 at 5:13 am, by anakin
USD/JPY rose to 149.75, up 0.50%, as traders await Trump’s speech and BoJ rate hike signals.
The ANZ World Commodity Price Index rose by 3.0%, reflecting price changes in key exports
Written on March 5, 2025 at 5:05 am, by anakin
The ANZ World Commodity Price Index rose 3.0% in February 2025, tracking key New Zealand export prices.
Addressing Congress, President Trump announces tariffs on goods manufactured outside the United States
Written on March 5, 2025 at 4:43 am, by anakin
Trump addressed Congress, urging oil drilling, tax cuts, tariffs, border security, and highlighting a stronger US Dollar.
Trump’s upcoming speech will cover foreign policy, including Ukraine, Gaza, and immigration funding requests
Written on March 5, 2025 at 4:35 am, by anakin
Karoline Leavitt discussed foreign policy, Ukraine, Gaza hostages, deportations, and trade deal differences with Europe.
Despite positive China Services PMI, NZD/USD remains steady at approximately 0.5650 as Governor Orr resigns
Written on March 5, 2025 at 4:12 am, by anakin
NZD/USD holds near 0.5650 as China’s Services PMI rises; US Dollar pressured by tariffs, growth concerns.
Howard Lutnick confronted Ontario Premier Doug Ford, who defiantly refused to relent after the call
Written on March 5, 2025 at 4:05 am, by anakin
Lutnick and Ford clashed over trade tensions, with Lutnick criticizing Trudeau’s remarks as “very dumb.”
The Bank of Japan’s Deputy Governor Uchida indicated policy adjustments may occur if predictions are realised
Written on March 5, 2025 at 3:42 am, by anakin
BoJ may adjust policy; interest rates monitored; wages and consumption rising; economy recovering; JGB purchases possible.
The IRS intends to reduce its workforce by up to 50% through layoffs and buyouts
Written on March 5, 2025 at 3:35 am, by anakin
The IRS plans to cut its workforce by 50% through layoffs, attrition, and buyouts, sources report anonymously.
Unexpectedly, China’s Services PMI rose to 51.4 in February, surpassing January’s 51 and predictions
Written on March 5, 2025 at 3:13 am, by anakin
China’s Services PMI rose to 51.4, impacting Australia’s economy, Iron Ore prices, trade balance, and the AUD.
