Monthly Archives: March 2025

Amid recession worries in the US, USD/CAD trades near 1.4440, continuing its downward trend

Written on March 11, 2025 at 10:12 am, by

USD/CAD declines as US Dollar weakens; Bank of Canada expected to cut rates amid economic uncertainty and tariffs.

The PBOC sets the USD/CNY central rate at 7.1741, lower than the prior closing rate.

Written on March 11, 2025 at 9:57 am, by

PBOC sets yuan midpoint; manages +/-2% band. Injects 37.7B yuan; 38.2B matures, net drain 0.5B yuan.

Japan’s Finance Minister Kato emphasises the influence of rising rates while committing to steady bond issuance

Written on March 11, 2025 at 9:27 am, by

Japan’s Finance Minister warns of rising interest rates, while USD/JPY declines and US equity markets face losses.

The PBOC is anticipated to establish the USD/CNY reference rate at 7.2597 according to Reuters

Written on March 11, 2025 at 8:57 am, by

PBOC sets USD/CNY reference rate at 7.2597, managing a floating system with intervention to stabilize volatility.

In Malaysia, gold prices increased today based on collected data on market movements

Written on March 11, 2025 at 8:41 am, by

Gold prices in Malaysia rose to MYR 412.92 per gram, influenced by market factors and central bank reserves.

Despite high household confidence, UK consumer spending decelerated in February due to cold weather effects

Written on March 11, 2025 at 8:27 am, by

UK consumer spending slowed in February despite strong household confidence, with retail sales and broader spending growth declining.

Amid ongoing worries regarding US economic growth, GBP/USD hovers around 1.2900 after recent losses

Written on March 11, 2025 at 8:12 am, by

GBP/USD hovers near 1.2890 as US Dollar weakens amid recession concerns and anticipated Federal Reserve rate cuts.

The final Q4 2024 GDP for Japan showed a quarterly increase of 0.6% and annual growth of 2.2%

Written on March 11, 2025 at 7:57 am, by

Japan’s Q4 GDP grew 0.6% QoQ, 2.2% YoY; inflation at 2.9%; BOJ policy stance unchanged.

Dividend Adjustment Notice – Mar 11 ,2025

Written on March 11, 2025 at 7:54 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Household spending in Japan rose by 0.8% year-on-year, underperforming the anticipated 3.6% increase

Written on March 11, 2025 at 7:27 am, by

Japan’s January household spending rose 0.8% year-on-year, below the expected 3.6%, with monthly spending down 4.5%.

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