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Monthly Archives: March 2025

The PBOC establishes the USD/CNY rate at 7.1745, significantly below the expected 7.2857.

Written on March 3, 2025 at 3:35 am, by

PBOC sets yuan midpoint, allowing +/- 2% fluctuation. Recent injection: 97 billion yuan; net drain: 195.5 billion.

After a week of losses, gold dropped over 3% as trade policies and recession concerns strengthened the USD.

Written on March 3, 2025 at 3:05 am, by

Gold prices fell over 1% due to a stronger US Dollar and trade policy concerns amid economic uncertainty.

In Australia, Q4 2024 Business Inventories rose 0.1%, surpassing expectations, boosting GDP forecasts.

Written on March 3, 2025 at 3:05 am, by

Australia’s business inventories rose 0.1% in Q4 2024, while operating profit surged 5.9%, exceeding expectations.

After the US PCE data, the AUD/USD pair fell to a three-week low around 0.6200.

Written on March 3, 2025 at 2:35 am, by

AUD/USD fell 0.54%, nearing 0.6200, impacted by tariffs, weak Australian data, and US PCE figures.

Japan’s February Manufacturing PMI recorded 49.0, indicating ongoing contraction amid weak global demand challenges.

Written on March 3, 2025 at 2:35 am, by

Japan’s Manufacturing PMI rises to 49.0 but remains in contraction amid weak demand, rising costs, and uncertainty.

Australia’s CFTC reported an increase in AUD NC net positions, rising from $-56.7K to $-45.6K.

Written on March 3, 2025 at 2:05 am, by

Australia’s AUD sentiment improves; AUD/USD rises on China’s PMI. USD/JPY drops; gold rebounds on uncertainty. Focus: NFP, ECB.

The PBOC may set the USD/CNY reference rate at 7.2857, according to Reuters’ prediction.

Written on March 3, 2025 at 2:05 am, by

PBOC sets the yuan’s midpoint at 7.2857, allowing a +/- 2% fluctuation, intervening if volatility arises.

In the US, CFTC’s oil net positions decreased to 171.2K from 197.6K previously.

Written on March 3, 2025 at 1:35 am, by

Oil positions dropped, AUD/USD rose, USD/JPY faced resistance, gold increased, and key economic events loom.

Warren Buffett argues Trump’s tariffs damage consumers and could lead to inflation, likening them to war.

Written on March 3, 2025 at 1:35 am, by

Buffett warns tariffs fuel inflation, burden consumers, and act as economic warfare, sparking reactions from Chinese media.

Traders faced volatility due to the Trump-Zelenskyy talks and encouraging inflation data.

Written on March 3, 2025 at 1:05 am, by

Stocks initially rose on PCE data but declined amid geopolitical tensions, layoffs, tariffs, and bearish market sentiment.

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