Monthly Archives: May 2025
The USD/CNY reference rate is projected at 7.2429, according to estimates from Reuters
Written on May 12, 2025 at 3:45 am, by melody
PBOC sets daily yuan midpoint at 7.2429, guiding USD/CNY within a controlled 2% trading band.
The EUR/USD pair is declining to around 1.1240 after previous session gains, influenced by ECB signals
Written on May 12, 2025 at 3:40 am, by melody
EUR/USD dips amid ECB rate cut talk, US-China trade optimism, and looming EU countermeasures on tariffs.
Japan’s April bank loans grew slower than March while US-China relations and drug prices dominate attention
Written on May 12, 2025 at 3:15 am, by melody
US-China relations show progress with planned meetings; US targets lower prescription drug prices to aid consumers.
Due to stronger US Dollar and optimistic US-China trade discussions, gold price fell under $3,300
Written on May 12, 2025 at 3:11 am, by melody
Gold fell amid stronger US Dollar and trade optimism; geopolitical risks and central bank buying offer support.
South Korea’s early May exports fell 23.8% year-on-year, with imports down 15.9%
Written on May 12, 2025 at 2:45 am, by melody
South Korea’s early May exports fell 23.8% year-on-year, with imports down 15.9%, deepening trade deficit.
Below 1.3300, GBP/USD exhibits a bearish trend, partially retreating from its previous Friday recovery
Written on May 12, 2025 at 2:40 am, by melody
GBP/USD dips as strong US Dollar, Fed stance pressure pair; traders await central bank signals this week.
The UK’s employment outlook declines due to weakened employer confidence and increased costs affecting hiring
Written on May 12, 2025 at 1:45 am, by melody
UK employment gauges drop as demand falls, signaling a weakening labour market despite persistent wage growth concerns.
In March, Japan reported a trade balance of ¥516.5 billion, down from ¥712.9 billion
Written on May 12, 2025 at 1:40 am, by melody
Japan’s March BOP trade surplus fell to ¥516.5 billion, signaling shifts in trade dynamics and planning.
In March, Japan’s Current Account n.s.a. reported ¥3678.1B, exceeding the predicted ¥3678B
Written on May 12, 2025 at 1:10 am, by melody
Japan’s March current account hit ¥3678.1 billion, surpassing forecasts, signaling strong international economic position.
In April, Japan’s year-on-year bank lending fell short of expectations at 2.4% versus 2.8%
Written on May 12, 2025 at 12:40 am, by melody
Japan’s bank lending slows; AUD/USD strengthens amid US-China trade progress; markets eye US CPI report.
