PBOC sets yuan midpoint daily; allows ±2% fluctuation. Injects 106.5B yuan via reverse repos.
Japan’s resource efficiency declined; EUR/USD, GBP/USD rose on weak USD; Bitcoin neared key resistance level.
Bitcoin poised to outperform gold as state investments and shifting strategies drive cryptocurrency market momentum.
Japan’s industrial output rises; EUR/USD, GBP/USD strengthen on weaker Dollar; Bitcoin nears breakout; gold stalls.
Singapore’s exports surged 12.4% in April, surpassing forecasts, but global risks cloud economic outlook.
NZD/USD rises toward 0.5900 as RBNZ inflation expectations climb and trade tensions ease globally.
Japan’s Finance Minister Kato and Bessent vow continued dialogue to address forex volatility and economic stability.
New Zealand inflation expectations rise, boosting NZD/USD; central bank targets 2% amid interest rate shifts.
Carney and Sheinbaum emphasized strengthening economic resilience, reflecting on trade disruptions and reinforcing the USMCA framework.
Japan seeks US tariff review, offers business support, while Yen strengthens from policy shifts and safe haven demand.
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