Live Updates

    7 May 2025
    The Indian Rupee weakens against the stronger US Dollar amid escalating India-Pakistan geopolitical tensions

    Indian Rupee weakens amid geopolitical tensions; RBI may intervene as inflation falls and growth concerns rise.

    7 May 2025
    China permits 60 billion yuan from insurance funds for equities, aiming to enhance financial stability and confidence

    China boosts insurance fund equity investments by 60 billion yuan to strengthen markets and stabilize economy.

    7 May 2025
    China’s sovereign fund, Central Huijin, plans enhanced support for local stock markets and reforms

    CSRC supports Central Huijin, boosts tech boards, ensures stability, and promotes long-term capital in markets.

    7 May 2025
    The PBOC governor announced a 25 bps reduction in structural policy tool interest rates and banks’ deposits

    PBOC cuts key rates, guiding banks to lower deposits amid global uncertainties and economic slowdown concerns.

    7 May 2025
    The pair hovers around 1.1360, showing bullish potential as it tests support near 1.1350

    EUR/USD shows bullish momentum above 1.1320 EMA, eyeing 1.1573 resistance within an ascending channel pattern.

    7 May 2025
    In Saudi Arabia, gold prices have decreased, based on recently compiled data from reliable sources

    Gold prices in Saudi Arabia dropped as global market trends and currency shifts influence local valuation rates.

    7 May 2025
    In Australia, Santos’s CEO reported 200 wells submerged by flooding, leading to a 15% decline in production

    Flooding in Australia’s Cooper Basin submerges 200+ wells, cutting Santos’ production by 15 percent.

    7 May 2025
    In the Philippines, gold prices declined today based on gathered data.

    Gold prices in the Philippines fell, influenced by global market conditions, currency strength, and geopolitical tensions.

    7 May 2025
    The April Services PMI for Japan exceeded predictions, coming in at 52.4 rather than 52.2

    Japan’s services grow, USD strengthens on trade optimism, gold dips, Bitcoin nears resistance, central banks await.

    7 May 2025
    The Chief of the People’s Bank of China, Pan Gongsheng, will hold a press conference soon

    PBOC Governor Pan Gongsheng to speak; major financial updates expected from China’s key regulators.

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