Live Updates

    9 March 2025
    Mary Daly of the Fed indicated that economic uncertainties may impact US demand without rate changes

    Mary Daly emphasizes uncertainty’s impact on demand but advises maintaining interest rates, aligning with Jerome Powell’s caution.

    9 March 2025
    Lutnick affirmed Trump will adhere to the planned tariffs on aluminium and steel imports shortly

    U.S. steel and aluminium tariffs take effect March 12, impacting imports, businesses, and market stability amid trade policies.

    9 March 2025
    Oil producers are reducing capital investment, contrary to presidential requests and shareholder preferences

    Oil producers cut spending amid rising costs, prioritizing shareholder returns over drilling expansion despite presidential calls.

    9 March 2025
    China’s housing minister indicated plans to boost existing home purchases and urban redevelopment efforts

    China’s housing market stabilises as buyer confidence grows, with government support for redevelopment, lending, and affordable housing.

    9 March 2025
    Asian economic highlights include Chinese deflation, while US daylight saving time adjustments may affect trading

    Chinese CPI fell -0.7% year-on-year, signaling deflation and potential stimulus needs amid market pressures.

    9 March 2025
    Market liquidity remains low on Monday mornings, causing potential price fluctuations; caution is advised

    Thin liquidity at FX market open causes fluctuations. China’s CPI at -0.7% signals deflation, potential policy stimulus.

    9 March 2025
    Bitcoin slid under $83,000 as recent US reserve announcements left the market unenthused

    Bitcoin drops below $83,000 after Trump’s executive order sparks sell-off; government involvement raises market uncertainty.

    9 March 2025
    China’s February CPI decreased to -0.7% y/y, driven by holiday effects and commodity prices

    China’s CPI fell to -0.7% in February 2025, reflecting weak demand and ongoing industrial deflation challenges.

    8 March 2025
    Upcoming economic data includes US CPI, UK GDP, Norwegian CPI, BoC rate decisions, and more

    US CPI, BoC rate decision, UK GDP, Norwegian CPI, tariffs, inflation, consumer sentiment, and Fed outlook dominate.

    8 March 2025
    China imposes tariffs on Canada, worsening tensions following retaliatory Canadian duties initiated by the US

    China imposes 100% tariff on Canadian canola, oilcakes, peas, aquatic products, and pork, retaliating against Canada’s tariffs.

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