Monthly Archives: May 2025
The central bank in Taiwan is inspecting FX custodian banks to stabilise the market situation
Written on May 6, 2025 at 3:16 pm, by anakin
Taiwan’s central bank acts to stabilize currency after volatility, inspecting FX custodians and enforcing strict trade controls.
The Australian Dollar falls to around 0.6450 as China’s business activity experiences a slowdown
Written on May 6, 2025 at 3:08 pm, by anakin
AUD/USD drops amid weak China data, US tariffs; RBA rate cut possible, Fed policy in focus.
Despite weak Swiss inflation, EUR/CHF declines as expectations rise for a SNB rate cut
Written on May 6, 2025 at 2:37 pm, by anakin
Swiss inflation falls below expectations in April, raising prospects of SNB rate cuts and possible NIRP return.
In April, the UK services sector faced contraction, with declining orders and diminished business expectations
Written on May 6, 2025 at 2:16 pm, by anakin
UK services sector contracts in April 2025 as new orders drop and business confidence weakens sharply.
According to ING’s Warren Patterson, declining oil prices will lead to reduced drilling activity in the US
Written on May 6, 2025 at 2:07 pm, by anakin
Falling oil prices reduce drilling, impacting US production and natural gas supply amid rising LNG export demand.
Analysts from UOB Group predict NZD/USD will oscillate between 0.5930 and 0.5980, long-term range 0.5890/0.6005
Written on May 6, 2025 at 1:37 pm, by anakin
NZD likely holds between 0.5930–0.5980 short-term; potential retest of 0.6030 if 0.5890 holds.
Schlegel indicated negative interest rates remain a possibility, though they are generally unpopular among citizens
Written on May 6, 2025 at 1:16 pm, by anakin
SNB’s Martin Schlegel signals possible return of negative interest rates amid expectations of lower Swiss inflation.
An aggressive supply increase by OPEC+ indicates a policy shift, prompting lower oil forecasts by ING
Written on May 6, 2025 at 1:07 pm, by anakin
OPEC+ boosts oil supply again; Saudi Arabia leads amid price drops, fiscal strain, and market uncertainty.
The EU Trade Commissioner announced proposed zero tariffs on industrial goods while pursuing trade discussions
Written on May 6, 2025 at 12:46 pm, by anakin
EU Trade Commissioner proposes zero tariffs on industrial goods to boost talks, especially with India.
The Taiwanese dollar’s remarkable surge, alongside other Asian currencies, has caught ING’s attention
Written on May 6, 2025 at 12:37 pm, by anakin
Taiwan dollar surges amid trade speculation; USD weakens as markets eye Fed’s stance on rate cuts.