Monthly Archives: May 2025
The expected USD/CNY reference rate from the PBOC is 7.2180 according to Reuters analysis
Written on May 13, 2025 at 7:46 am, by anakin
The PBOC sets a daily yuan midpoint, permitting controlled ±2% fluctuations to maintain exchange rate stability.
In the United Arab Emirates, gold prices increased, based on recent data collection
Written on May 13, 2025 at 7:40 am, by anakin
Gold prices rose in the UAE as global economic trends, bond yields, and central bank purchases influenced markets.
The Bank of Japan discussions highlight a cautious approach to interest rates amid economic uncertainty
Written on May 13, 2025 at 7:16 am, by anakin
BOJ members debate interest rates, inflation outlook, and U.S. trade policy impact amid economic uncertainty.
Gold prices increased in Pakistan today, based on compiled data indicating a rise in value
Written on May 13, 2025 at 7:10 am, by anakin
Gold prices in Pakistan rose, driven by global trends, central bank purchases, and market expectations for rate cuts.
The U.S. Trade Representative mentioned potential tariff increases if China negotiations fail, boosting market optimism
Written on May 13, 2025 at 6:46 am, by anakin
China agrees to lift countermeasures; global markets rally amid easing U.S.-China trade tensions and tariff negotiations.
Below are the details of May 13’s NY cut FX option expiries at 10:00 Eastern Time
Written on May 13, 2025 at 6:40 am, by anakin
EUR/USD sees large expiries; USD/JPY, GBP/USD, and others hold significant option levels across key rates.
Deutsche Bank predicts the Federal Reserve’s initial rate cut will occur in December despite inflation concerns
Written on May 13, 2025 at 6:15 am, by anakin
Easing U.S.-China trade tensions may help, but persistent inflation delays Fed rate cuts until December.
Despite ongoing uncertainty regarding the BoJ’s policy, USD/JPY decreases, trading near 147.90 after gains
Written on May 13, 2025 at 6:10 am, by anakin
USD/JPY slips amid BoJ uncertainty, US tariff concerns, rising wages, and market focus on US CPI.
Trump’s economic adviser indicates that 24 nations will engage in trade discussions soon
Written on May 13, 2025 at 5:45 am, by anakin
Hassett leads economic talks aiming to normalize U.S.-China relations, with 24 trade discussions forthcoming.
According to US Trade Representative Jamieson Greer, tariffs on China may be reinstated if necessary
Written on May 13, 2025 at 5:40 am, by anakin
China ends countermeasures in trade talks; renewed US tariffs under Trump heighten global economic tensions.