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Monthly Archives: March 2025
The Governor of the Reserve Bank of New Zealand has stepped down; deputy takes interim position
Written on March 5, 2025 at 7:05 am, by anakin
Reserve Bank Governor Adrian Orr resigns, citing inflation at target and economic recovery; Deputy Governor Hawkesby steps in.
In January, Singapore’s retail sales rose by 2.4% month-on-month, contrasting with a 1.5% decline
Written on March 5, 2025 at 6:42 am, by anakin
Singapore’s retail sales rose 2.4% in January. EUR/USD climbed, gold stayed above $2,900, Bitcoin stabilised.
China aims for a stable yuan and sets 2025 economic growth target at approximately 5%
Written on March 5, 2025 at 6:35 am, by anakin
China targets 5% economic growth in 2025, stabilizes yuan, issues bonds, and adjusts fiscal policies for stability.
Retail sales in Singapore increased from -2.9% to 4.5% year-on-year in January
Written on March 5, 2025 at 6:12 am, by anakin
Singapore’s retail sales rose 4.5% in January, signaling economic recovery, while gold and Bitcoin stabilize.
Howard Lutnick attempted to ease tensions with Canada, but Doug Ford remained defiant in response
Written on March 5, 2025 at 6:05 am, by anakin
Lutnick urged Ford to ease tensions, but Ford refused, vowing a tougher stance amid escalating US-Canada disputes.
In the Philippines, today’s gold prices experienced a decline, based on recent market data
Written on March 5, 2025 at 5:43 am, by anakin
Gold prices in the Philippines dropped, with 1 gram now at 5,379.25 PHP, reflecting market fluctuations.
Japan’s final February Services PMI reached 53.7, up from 53.0, with a Composite at 52.0
Written on March 5, 2025 at 5:34 am, by anakin
Japan’s Services PMI rose to 53.7, Composite PMI reached 52.0, and Manufacturing PMI improved to 49.0.
During Asian trading, the USD/JPY pair sees increased buying interest, reaching approximately 149.75
Written on March 5, 2025 at 5:13 am, by anakin
USD/JPY rose to 149.75, up 0.50%, as traders await Trump’s speech and BoJ rate hike signals.
The ANZ World Commodity Price Index rose by 3.0%, reflecting price changes in key exports
Written on March 5, 2025 at 5:05 am, by anakin
The ANZ World Commodity Price Index rose 3.0% in February 2025, tracking key New Zealand export prices.
Addressing Congress, President Trump announces tariffs on goods manufactured outside the United States
Written on March 5, 2025 at 4:43 am, by anakin
Trump addressed Congress, urging oil drilling, tax cuts, tariffs, border security, and highlighting a stronger US Dollar.
