Live Updates

    16 May 2025
    The PBOC’s USD/CNY reference rate stands at 7.1938, injecting 106.5bn yuan through repos

    PBOC sets yuan midpoint daily; allows ±2% fluctuation. Injects 106.5B yuan via reverse repos.

    16 May 2025
    In March, Japan’s capacity utilisation fell to -2.4%, compared to the earlier figure of -1.1%

    Japan’s resource efficiency declined; EUR/USD, GBP/USD rose on weak USD; Bitcoin neared key resistance level.

    16 May 2025
    Analysts at JP Morgan predict Bitcoin will surpass gold’s performance in the upcoming months

    Bitcoin poised to outperform gold as state investments and shifting strategies drive cryptocurrency market momentum.

    16 May 2025
    In March, Japan’s year-on-year industrial production increased to 1%, recovering from -0.3%

    Japan’s industrial output rises; EUR/USD, GBP/USD strengthen on weaker Dollar; Bitcoin nears breakout; gold stalls.

    16 May 2025
    In April, Singapore’s exports rose 12.4%, surpassing expectations, yet the outlook appears cautious

    Singapore’s exports surged 12.4% in April, surpassing forecasts, but global risks cloud economic outlook.

    16 May 2025
    Following the Q2 RBNZ Inflation Expectations, NZD/USD climbs to approximately 0.5900, ending its decline

    NZD/USD rises toward 0.5900 as RBNZ inflation expectations climb and trade tensions ease globally.

    16 May 2025
    Kato plans to meet Bessent to discuss FX issues, emphasising cooperation and addressing volatility impacts

    Japan’s Finance Minister Kato and Bessent vow continued dialogue to address forex volatility and economic stability.

    16 May 2025
    In the latest survey, the RBNZ reported an increase in New Zealand’s inflation expectations for 2025

    New Zealand inflation expectations rise, boosting NZD/USD; central bank targets 2% amid interest rate shifts.

    16 May 2025
    The leaders of Canada and Mexico aim to reinforce their economies to better withstand future disruptions

    Carney and Sheinbaum emphasized strengthening economic resilience, reflecting on trade disruptions and reinforcing the USMCA framework.

    16 May 2025
    Japan’s Economy Minister Akazawa stated the government will persist in seeking a review of US tariffs

    Japan seeks US tariff review, offers business support, while Yen strengthens from policy shifts and safe haven demand.

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