Live Updates

18

Jul 2025
A steep 93.5% import tariff on battery-grade graphite from China has been introduced by the US

US plans tariffs on Chinese graphite; final decision by December; Trump backs tariffs to aid economy.

18

Jul 2025
China’s retail sales are projected to surpass 50 trillion yuan by 2025, showing strong growth

China’s consumer market grows steadily, with rising retail sales, strong foreign investment, and resilient global trade.

18

Jul 2025
Ethereum’s price surpasses 3600 USD, buoyed by supportive crypto legislation and investment opportunities

Ethereum hits new high above $3600 as crypto bills pass and retirement market integration gains momentum.

18

Jul 2025
Mary C. Daly from the Federal Reserve implies a possible July rate cut without enthusiasm

Despite economic growth, inflation persists, complicating rate cuts. Fed cautions against preemptive moves despite optimism.

18

Jul 2025
US economic data strengthens the Greenback, causing a 0.07% decline in GBP/USD during trading

GBP/USD dipped on strong US data; Pound mixed after UK jobs report showed rising employment and unemployment.

18

Jul 2025
Waller’s comments suggest a likelihood of a rate cut, despite contrasting opinions within the Fed

Waller supports July rate cut, citing controlled inflation; contrasts with Fed officials wary of tariff-driven risks.

18

Jul 2025
Following strong US data, the US Dollar recovers momentum amidst uncertainties surrounding Trump and Powell

US Dollar strengthens on robust retail sales and job data, easing rate cut expectations despite inflation concerns.

18

Jul 2025
The PBOC established a USD/CNY reference rate of 7.1498, below the estimated 7.1736, while injecting 187.5 billion yuan through reverse repos at 1.40%

PBOC sets yuan midpoint; injects 187.5 billion yuan via 7-day reverse repos at 1.40% rate.

18

Jul 2025
The Swiss Franc weakens as the US Dollar strengthens, buoyed by encouraging US economic indicators and Fed remarks

US Dollar strengthens against Swiss Franc amid strong retail data, diminished rate-cut expectations, and bullish chart signals.

18

Jul 2025
Japan’s core inflation eased to 3.3%, providing some comfort for the Bank of Japan’s policies

Japan’s core inflation eased to 3.3% in June; BOJ maintains cautious stance amid global uncertainty.

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