Live Updates

7 May 2025
Trading around 99.50, the US Dollar Index recovers from a prior decline before Powell’s comments

US Dollar rebounds near 99.50 as markets await Fed rate decision and Powell’s remarks amid tensions.

7 May 2025
Optimism rises with US-China discussions, bolstered by China’s supportive measures to improve trade relations

Markets rally on US-China trade talks; optimism grows amid de-escalation hopes, despite lingering tariff uncertainties.

7 May 2025
Steady GBP trading is anticipated, aided by political support and potential US-UK trade agreement discussions

Sterling steady amid trade talks, upcoming summits, and Bank of England decisions; GBP/USD may rise.

7 May 2025
The PBOC reduced the relending rate to 1.50%, following various prior financial measures for support

PBOC cuts relending rate to 1.50% from May 7 to support market activities and economy.

7 May 2025
As the US Dollar gains ground, USD/CHF rebounds above 0.8250, ending its three-day decline

USD/CHF climbs past 0.8250 as Fed holds rates; SNB cut expected, Swiss Franc faces pressure.

7 May 2025
Tensions between India and Pakistan escalate, while US-China trade talks and China’s rate cuts commence

Tensions rise in Asia as India-Pakistan clash, US-China trade talks begin, China cuts rates to support economy.

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.

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