Live Updates

9

Jul 2025
China urges the EU to amend its trade stance for improved bilateral economic relations and fairness

China urges EU to adopt fairer trade policies, citing procurement issues and recent medical device restrictions.

9

Jul 2025
Recovering to around 1.3690, USD/CAD shows bearish sentiment while consolidating within a descending channel

USD/CAD nears 1.3690; technical signals suggest bearish trend despite short-term momentum above key support.

9

Jul 2025
In early European trading, Eurostoxx, German DAX, and UK FTSE futures all rose 0.2% whereas US futures dipped 0.1% due to cautious sentiment regarding a potential EU-US agreement

European futures climb slightly on optimism over EU-US deal; US futures edge lower amid cautious sentiment.

9

Jul 2025
A temporary agreement between the EU and US on tariffs is anticipated, causing EU disappointment

EU and US near temporary trade deal, maintaining 10% tariffs amid concerns over agrifood tariff hike.

9

Jul 2025
Philip Lane and Luis de Guindos will address ECB monetary policy at different times, sparking interest

ECB leaders’ speeches may influence market expectations as EUR/USD nears 1.2, signaling potential policy shifts.

9

Jul 2025
According to UBS, emerging market stocks may overlook tariff risks impacting their earnings forecasts negatively

Emerging market equities risk underperformance as rising U.S. tariffs and economic slowdown pressure earnings forecasts.

9

Jul 2025
The Euro is predicted to fluctuate between 1.1690 and 1.1760 against the US Dollar

Euro’s upward trend weakens; range-bound trading expected between 1.1690 and 1.1760 amid cautious outlook.

9

Jul 2025
Hassett is gaining traction as a potential candidate for the next chair of the Fed

Kevin Hassett emerges as possible Fed chair, aligning with Trump’s monetary policy preferences after June meeting.

9

Jul 2025
The PBOC set a USD/CNY central rate of 7.1541, below the expected 7.1806 rate

PBOC injects 75.5B yuan via reverse repos; net liquidity drain totals 23B yuan today.

9

Jul 2025
During a CNBC interview, Howard Lutnick indicated the anticipation of 15 to 20 forthcoming letters regarding copper tariffs

US eyes new China tariffs; trade tensions rise amid Trump’s return, impacting global supply chains, inflation.

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