Trump said the U.S. will begin sending letters on Friday to inform countries of the specific tariff rates they will face Trump cited the difficulty […]
Heads up – Bank of England Governor Andrew Bailey is speaking over the weekend
On Saturday, July 5, 2025 at 1145 ust, 1545 GMT Bank of England Governor Bailey is taking part in in a panel discussion. At an […]
ICYMI:China plans National Childbirth subsidy amid population decline.
China is preparing to roll out annual cash payments of 3,600 yuan ($503) per child under age three, born from January 1, 2025: a nationwide […]
PBOC sets USD/ CNY reference rate for today at 7.1535 (vs. estimate at 7.1688)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). […]
Yen adding on a few points after the spectacular beat for Japan household spending data
USD/JPY is dribbling a little lower after the stunning beat for this data, both y/y and m/m: Japan data – May household spending +4.7% y/y […]
China’s Wang Yi downplays EU concerns over rare earth export controls
China’s Foreign Minister Wang Yi, speaking in Berlin, addressed EU concerns over rare earth export controls: “Rare earths have not been, are not, and will […]
US Congress: House declares July 14 week “crypto week”, to advance key digital asset bills
House leaders have designated the week of July 14 as “Crypto Week”, when three major cryptocurrency-related bills will be brought to a vote: the CLARITY […]
Trump says will begin sending letters on trade tariffs starting Friday
Trump says will begin sending letters on trade tariffs starting Friday Trump says there has been no progress with Putin (Iran, Ukraine) more to come […]
Poll: Analysts expect the Reserve Bank of New Zealand to hold rates at 3.25% on July 9
Reuters poll finds the Reserve Bank of New Zealand is expected to hold rates at 3.25% on July 9 according to 19 of 27 economists: […]
Oil settles lower on Friday but climbs $2 on the week
Oil will be in focus next week with OPEC+ meeting and likely to announce the return of another 144K bpd. That process should continue until […]