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Forex Short News
Forex Short News

China Caixin May 2025 Manufacturing PMI 48.3 (prior 50.4!)

Posted onJune 3, 2025

Ugly number this one. A big, big miss. China Caixin May 2025 Manufacturing PMI 48.3, lowest since September 2022 and the first contraction in eight …

Forex News
Forex News

BOJ governor says no preset ideas on monetary policy judgement

Posted onJune 3, 2025
Forex News
Forex News

Australia central bank pondered outsized rate cut in May, decided to be predictable

Posted onJune 3, 2025
Forex Short News
Central Banks, Forex Short News

RBA May meeting minutes – not yet time to move monetary policy to an expansionary setting

Posted onJune 3, 2025

Reserve Bank of Australia May minutes: Board considered keeping rates unchanged, cutting by 25 bps or 50 bps Decided case for 25 bps cut was …

Forex News
Forex News

Oil prices extend gains as Iran, Russia-Ukraine tensions dent supply outlook

Posted onJune 3, 2025
Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1869 (vs. estimate at 7.1872)

Posted onJune 3, 2025

Chinese markets are reopening today after the holiday Monday. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint …

Forex Short News
Central Banks, Forex Short News

Bank of Japan Governor Ueda says Japan economy moderately recovering

Posted onJune 3, 2025

Bank of Japan Governor Ueda is appearing in the Japanese parliament: Japanese economy modestly recovering despite some weakness seen Corporate profits are improving, with business …

Forex Short News
Central Banks, Forex Short News

Deutsche Bank expect ECB to cut on June 5, but path to 1.5% terminal rate now less certain

Posted onJune 3, 2025

Deutsche Bank expects the European Central Bank to lower its key interest rate by 25 basis points to 2.00% at its June 5 meeting, marking …

Forex Short News
Forex Short News

Australia raises its minimum wage by 3.5%, according to Reuters

Posted onJune 3, 2025

From July 1, the minimum wage will be increased from $24.10 per hour, to $24.94 an hour. the increase is above inflation, currently at 2.4% …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1872 – Reuters estimate

Posted onJune 3, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

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