Live Updates

    24 March 2025
    The PBOC is anticipated to set USD/CNY reference rate at 7.2496, according to Reuters estimation

    The PBOC sets the USD/CNY reference rate, influencing yuan fluctuations within a managed floating exchange rate system.

    24 March 2025
    During the early Asian session, the AUD/USD pair rises towards 0.6280 due to RBA’s caution

    AUD/USD rises to 0.6280, supported by RBA policy, Chinese stimulus, trade balance, and iron ore demand.

    24 March 2025
    Increasing food prices may prompt the Bank of Japan to consider raising interest rates soon

    The BOJ may raise rates on May 1 as rising food prices drive inflation and potential wage growth.

    24 March 2025
    The Manufacturing PMI for Australia increased from 50.4 to 52.6 according to Judo Bank

    Australia’s Manufacturing PMI rose to 52.6, boosting AUD/USD. Gold fell amid Ukraine peace hopes and data anticipation.

    24 March 2025
    Due to declining electric vehicle demand, Toyota is deferring plans for a lithium-ion battery plant in Fukuoka

    Toyota delays lithium-ion battery factory in Fukuoka due to declining EV demand and shifting market conditions.

    24 March 2025
    The White House is revising April 2 tariffs, removing specific ones and imposing reciprocal tariffs on trade partners

    The White House revises tariffs, focusing on reciprocity. Trump calls April 2 “Liberation Day,” emphasizing key industries.

    24 March 2025
    He Lifeng met with executives from various multinational firms, discussing China’s economic resilience and investment potential

    China’s Vice Premier He Lifeng met business leaders, expressed economic confidence, and discussed investment and US relations.

    24 March 2025
    March’s preliminary Manufacturing PMI for Australia rose to 52.6, with Services PMI increasing to 51.2

    Australia’s Manufacturing PMI rose to 52.6 in March, while Services and Composite PMIs also showed improvement.

    24 March 2025
    Traders increased net long positions in the euro while adjusting their positions on other currencies

    Euro net longs surged to 59,425 contracts, while Aussie and kiwi shorts widened and Canadian dollar shorts eased.

    24 March 2025
    The Services PMI for Australia was reported at 51.2, slightly above the previous 50.8

    Australia’s Services PMI rose slightly, AUD/USD gained, USD/JPY climbed, gold hit records, and key data approaches.

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