Live Updates

11

Aug 2025
Bitcoin surpassed US$121K while Ether reached its highest level since late 2021، showing resilience

Bitcoin surges past $121,000, reflecting increased demand, strong market momentum, and rising interest in cryptocurrency.

11

Aug 2025
Ethereum’s price surge is fuelled by institutional interest, regulatory clarity, and technical advancements in DeFi

Regulatory clarity, institutional interest, ETFs, and upgrades drive Ethereum’s rising value and expanding ecosystem utility.

11

Aug 2025
A July US CPI increase of 0.1% is anticipated as attention shifts to inflation trends

Markets watch tariffs ahead of August 12 deadline and July CPI data for inflation and Fed outlook.

11

Aug 2025
In a private meeting, Whitmer informed Trump that his tariffs negatively impact Michigan’s automotive sector

Whitmer warns Trump tariffs hurt Michigan autos, seeks storm aid, and delay on Medicaid changes.

11

Aug 2025
The PBOC has set the USD/CNY reference rate at 7.1405, lower than the estimate.

PBOC sets yuan reference rate stronger than expected; injects liquidity but net financial drain remains.

11

Aug 2025
China’s lithium production cuts have raised concerns over oversupply, affecting market sentiment and stocks

CATL halts lithium mine operations, sparking market speculation; Australian lithium stocks and index reach highs.

11

Aug 2025
The PBOC will likely set the USD/CNY reference rate at 7.1845, as per Reuters estimates

The PBOC sets the yuan’s daily midpoint, guiding trading within a controlled 2% fluctuation band.

11

Aug 2025
China’s July data reveals declining producer prices and flat consumer prices, indicating persistent economic challenges

China’s factory-gate prices dropped again in July; consumer inflation remained flat amid weak domestic demand.

10

Aug 2025
The Reserve Bank of Australia is anticipated to decrease its cash rate by 25 basis points

RBA expected to cut rates; banks predict easing, but Governor Bullock likely to maintain hawkish tone.

10

Aug 2025
Nvidia and AMD are reported to agree on a 15% revenue tax for chips sold to China

Nvidia and AMD to give U.S. 15% of China chip sales revenue for export license approvals.

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