Live Updates

6 May 2025
After a rally, the Taiwan dollar declined as market officials urged caution and speculation restraint

Taiwan dollar weakens after rally; central bank intervenes to curb speculation and stabilize currency markets.

6 May 2025
In April, the actual HCOB Services PMI for Spain was 53.4, under the expected 53.9

Spain’s service sector underwhelms; EUR/USD rises, gold surges, AI crypto stays firm, tariff uncertainty lingers.

6 May 2025
Trump is scheduled to meet Prime Minister Carney; Lutnick discussed complexities of a potential trade deal

Trump and Canadian PM Carney to meet Tuesday; potential trade deal discussed amid complex negotiations, says Lutnick.

6 May 2025
At the European session’s onset, the Euro strengthens against the Indian Rupee, currently 95.65

Indian Rupee gains as demand rises; inflation, oil prices, trade deficit influence currency fluctuations and investment trends.

6 May 2025
The PBOC established a USD/CNY reference rate of 7.2008, below the estimated 7.2518

PBOC manages yuan’s exchange rate; recent operations led to a 682 billion yuan net liquidity drain.

6 May 2025
In April, the change in Spain’s unemployment recorded a decrease of 67.42K, underperforming expectations

Spain’s unemployment fell by 67.42K in April, surpassing expectations and indicating stronger job market improvement.

6 May 2025
The PBOC will likely set the USD/CNY reference rate at 7.2518, according to Reuters

The PBOC sets a daily midpoint for yuan trading, guiding its movement within a controlled 2% band.

6 May 2025
In April, Spain’s unemployment change decreased to -67.4K, a drop from -13.311K

Spain’s unemployment improved in April with a -67.4K change, reflecting fewer individuals becoming unemployed.

6 May 2025
The frequency of “recession” in S&P 500 earnings calls has reached its peak since 2023

Mentions of recession surge in earnings calls amid strong earnings, inflation worries, and tariff-related uncertainties.

6 May 2025
The central rate of USD/CNY was established by the PBOC at 7.2008, lower than before

The PBOC sets yuan midpoint at 7.2008, signaling policy focus on stability and controlled reforms.

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