Live Updates

16 May 2025
At the European session’s outset, palladium trades lower at $959.22 per troy ounce

Platinum and palladium dip early Friday; gold retreats below $3,200 as safe-haven demand wanes further.

16 May 2025
Inflation expectations in New Zealand have increased, prompting the RBNZ to reconsider monetary policy strategies

RBNZ Q2 2025 survey shows inflation expectations rising, potentially impacting monetary policy and strengthening NZD.

16 May 2025
During Asian trading hours, GBP/USD moves up, attracting buyers near the 1.3310 level

GBP/USD rises on strong UK GDP and weak US inflation data, boosting rate cut expectations for Fed.

16 May 2025
According to South Korea’s finance ministry, economic challenges are rising due to weak exports and domestic demand

South Korea faces growing economic pressure from weak exports, sluggish domestic demand, and global trade uncertainties.

16 May 2025
The currency pair EUR/JPY continues falling, nearing 162.50 and staying within a bullish channel

EUR/JPY declines near 162.80, facing resistance at 163.41; RSI drops below 50, indicating bearish pressure.

16 May 2025
ECB Chief Economist Lane could offer insights into future rate decisions during a panel discussion

ECB Chief Economist Philip Lane to discuss future rate decisions at Fed conference in Washington D.C.

16 May 2025
The Vice President of China expressed that collaboration opportunities between the US and China are abundant

China seeks improved US ties; trade tensions rise as Trump proposes 60% tariffs, affecting global markets.

16 May 2025
The PBOC’s USD/CNY reference rate stands at 7.1938, injecting 106.5bn yuan through repos

PBOC sets yuan midpoint daily; allows ±2% fluctuation. Injects 106.5B yuan via reverse repos.

16 May 2025
In March, Japan’s capacity utilisation fell to -2.4%, compared to the earlier figure of -1.1%

Japan’s resource efficiency declined; EUR/USD, GBP/USD rose on weak USD; Bitcoin neared key resistance level.

16 May 2025
Analysts at JP Morgan predict Bitcoin will surpass gold’s performance in the upcoming months

Bitcoin poised to outperform gold as state investments and shifting strategies drive cryptocurrency market momentum.

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