About: melody

Recent Posts by melody

Uchida from the Bank of Japan highlights risks from US tariffs affecting Japan’s economy and prices

US tariffs pressure Japan’s economy; growth may slow, but recovery depends on global trends and exchange stability.

After mixed UK employment data, EUR/GBP trades around 0.8420, ending its six-day loss streak

EUR/GBP steadies as UK unemployment edges up; markets await Eurozone sentiment data and ECB policy signals.

In Australia, April’s business confidence fell slightly, while conditions remained just below average levels

Business confidence improves slightly, but conditions and profitability weaken; rate cut expected to support sentiment.

At the European opening, WTI crude oil trades bearish at $61.53 per barrel, down slightly

WTI oil prices dip slightly amid global supply factors, inventory data, and OPEC’s production influence.

The central rate for USD/CNY was set at 7.1991, stronger than previous rates and estimates

Yuan midpoint strengthens below 7.2; PBOC conducts reverse repos, resulting in net liquidity withdrawal.

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