Monthly Archives: March 2025

In the latest trading session, the People’s Bank of China established the USD/CNY rate at 7.1741

Written on March 11, 2025 at 7:12 am, by

The PBOC set the USD/CNY rate at 7.1741, utilizing monetary tools to maintain stability and growth.

A 4% increase in Australian consumer confidence reflects optimism due to easing inflation and interest rates

Written on March 11, 2025 at 6:57 am, by

Westpac Consumer Confidence rose 4% to 95.9, driven by slowing inflation and an interest rate cut.

During the early Asian session, West Texas Intermediate trades at approximately $65.45 amid demand worries

Written on March 11, 2025 at 6:41 am, by

WTI crude trades at $65.45 amid tariff concerns, potential recession, sanctions on Iran, and OPEC decisions.

Anticipation grows around Bank of Canada’s potential rate decision, amid economic uncertainty and external risks

Written on March 11, 2025 at 6:27 am, by

The Bank of Canada may pause rate cuts, but economic uncertainty and U.S. trade risks could influence policy.

BTCUSD Slips Below $80,000—What’s Next?

Written on March 11, 2025 at 6:24 am, by

BTCUSD slips near $80,000 as traders eye CME gap for short-term bounce clues amid weakening market sentiment. -vtmarkets.com

Japan’s Economy Minister anticipates steady currency movement while being wary of external economic risks

Written on March 11, 2025 at 6:12 am, by

Japan’s economy faces moderate recovery, with external risks. Yen stability depends on monetary policy, bond yields, and trade.

The UK Treasury believes Bitcoin’s volatility disqualifies it as a suitable reserve asset for Britain

Written on March 11, 2025 at 5:57 am, by

The UK rejects Bitcoin reserves, citing volatility, while US efforts face criticism amid Bitcoin’s recent decline.

Gold Gains as Dollar Weakens Amid Trade Tensions

Written on March 11, 2025 at 5:50 am, by

Gold approaches $2,900 amid US dollar weakness and growing trade uncertainties; US inflation data to offer clues on Fed’s next steps. -vtmarkets.com

The ANZ-Roy Morgan consumer confidence index dropped to 86.9, influenced by ex-Tropical Cyclone Alfred

Written on March 11, 2025 at 5:27 am, by

Australian consumer confidence fell to 86.9, reflecting increased pessimism, possibly influenced by ex-Tropical Cyclone Alfred’s impact.

Japan’s GDP deflator surpassed forecasts at 2.9% for the fourth quarter, exceeding the anticipated 2.8%

Written on March 11, 2025 at 5:11 am, by

Japan’s Q4 GDP deflator exceeded expectations at 2.9%, while crypto and gold markets face volatility.

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