Live Updates

    13 May 2025
    Finance Minister Kato plans to meet Bessent regarding forex and monitor U.S.-China tariff developments

    Japan’s Finance Minister Kato eyes G7 talks, plans discussions with U.S. on forex and tariff issues.

    13 May 2025
    In Saudi Arabia, gold prices have experienced an increase based on recently compiled data

    Gold prices rose in Saudi Arabia; global trends, currency shifts, and economic conditions influence their movement.

    13 May 2025
    The expected USD/CNY reference rate from the PBOC is 7.2180 according to Reuters analysis

    The PBOC sets a daily yuan midpoint, permitting controlled ±2% fluctuations to maintain exchange rate stability.

    13 May 2025
    In the United Arab Emirates, gold prices increased, based on recent data collection

    Gold prices rose in the UAE as global economic trends, bond yields, and central bank purchases influenced markets.

    13 May 2025
    The Bank of Japan discussions highlight a cautious approach to interest rates amid economic uncertainty

    BOJ members debate interest rates, inflation outlook, and U.S. trade policy impact amid economic uncertainty.

    13 May 2025
    Gold prices increased in Pakistan today, based on compiled data indicating a rise in value

    Gold prices in Pakistan rose, driven by global trends, central bank purchases, and market expectations for rate cuts.

    13 May 2025
    The U.S. Trade Representative mentioned potential tariff increases if China negotiations fail, boosting market optimism

    China agrees to lift countermeasures; global markets rally amid easing U.S.-China trade tensions and tariff negotiations.

    13 May 2025
    Below are the details of May 13’s NY cut FX option expiries at 10:00 Eastern Time

    EUR/USD sees large expiries; USD/JPY, GBP/USD, and others hold significant option levels across key rates.

    13 May 2025
    Deutsche Bank predicts the Federal Reserve’s initial rate cut will occur in December despite inflation concerns

    Easing U.S.-China trade tensions may help, but persistent inflation delays Fed rate cuts until December.

    13 May 2025
    Despite ongoing uncertainty regarding the BoJ’s policy, USD/JPY decreases, trading near 147.90 after gains

    USD/JPY slips amid BoJ uncertainty, US tariff concerns, rising wages, and market focus on US CPI.

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