Live Updates

    13 May 2025
    China’s SASAC urges state-owned enterprises to enhance innovation and support national strategic goals for 2025

    China urges SOEs to accelerate innovation, bolster strategic industries, and support national security and technological resilience.

    13 May 2025
    The current situation in Germany’s ZEW survey fell short of predictions, recording -82 instead of -77

    Germany’s sentiment dips; US inflation steady; market optimism grows on trade pause; forex trading remains risky.

    13 May 2025
    China is developing large ports in South America to enhance agricultural imports and ensure food security

    China builds South American megaports to secure food supply, reduce U.S. crop reliance, and boost imports.

    13 May 2025
    The Euro is expected to weaken against the US Dollar, with strong support at 1.1055

    EUR weakens against USD; may not break 1.1055 support. Further decline possible, but uncertain.

    13 May 2025
    Uchida from the Bank of Japan highlights risks from US tariffs affecting Japan’s economy and prices

    US tariffs pressure Japan’s economy; growth may slow, but recovery depends on global trends and exchange stability.

    13 May 2025
    After mixed UK employment data, EUR/GBP trades around 0.8420, ending its six-day loss streak

    EUR/GBP steadies as UK unemployment edges up; markets await Eurozone sentiment data and ECB policy signals.

    13 May 2025
    In Australia, April’s business confidence fell slightly, while conditions remained just below average levels

    Business confidence improves slightly, but conditions and profitability weaken; rate cut expected to support sentiment.

    13 May 2025
    At the European opening, WTI crude oil trades bearish at $61.53 per barrel, down slightly

    WTI oil prices dip slightly amid global supply factors, inventory data, and OPEC’s production influence.

    13 May 2025
    The central rate for USD/CNY was set at 7.1991, stronger than previous rates and estimates

    Yuan midpoint strengthens below 7.2; PBOC conducts reverse repos, resulting in net liquidity withdrawal.

    13 May 2025
    During the early European session, GBP/USD rises towards approximately 1.3195, gaining momentum

    GBP/USD fluctuates amid trade talks, tariffs, UK employment data, and anticipation of key US inflation report.

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