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    31 July 2025
    Private sector credit in Australia increased by 0.6% month-on-month, surpassing the 0.5% forecast

    Australia’s private sector credit rose by 0.6% in June 2025, hinting at economic strength, but the Reserve Bank’s dovish stance on inflation suggests rate hikes are unlikely soon, impacting the AUD. – vtmarketsmy.com

    31 July 2025
    Retail sales in Australia exceeded expectations for June 2025, showing positive trends in consumer spending recovery.

    Australia’s retail sales surged 1.2% in June 2025, indicating strong consumer resilience and raising inflation concerns. This data shifts expectations for the Reserve Bank’s upcoming meeting, potentially impacting interest rates and the bond market. – vtmarketsmy.com

    31 July 2025
    In June 2025, building permits in Australia surged by 11.9%, surpassing the expected 2% growth.

    Australia’s construction and retail sectors thrived in June 2025, with building permits up 11.9% and retail sales rising 1.2%. However, global military tensions may overshadow these gains, impacting currency stability. – vtmarketsmy.com

    31 July 2025
    In Q2, Australia saw a decline in export and import prices, negatively affecting its trade sector.

    Australia’s Q2 2025 trade data reveals a sharp 4.5% fall in export prices, signaling a weak economy, while robust retail sales rise creates a puzzling contrast for traders and investors alike. – vtmarketsmy.com

    31 July 2025
    In July 2025, China’s manufacturing PMI declined to 49.3, indicating a continued contraction trend amid weak demand.

    China’s manufacturing PMI dips to 49.3, marking four months of contraction, while non-manufacturing shows slight expansion at 50.1. Weak demand signals concerns for investors and industrial commodities. – vtmarketsmy.com

    31 July 2025
    US Commerce Secretary Lutnick confirms trade agreements with Cambodia and Thailand during an interview.

    US Commerce Secretary Lutnick announced finalized trade deals with Cambodia and Thailand, enhancing Southeast Asian partnerships. This shift, alongside rising market volatility, creates strategic trading opportunities amid changing international relations. – vtmarketsmy.com

    31 July 2025
    The PBOC sets the USD/CNY mid-point at 7.1494, lower than the forecasted 7.2062.

    China’s central bank has unexpectedly strengthened the yuan, signaling a challenge to market expectations. Despite weaker economic data, traders may consider strategies to capitalize on potential volatility in currency movements. – vtmarketsmy.com

    31 July 2025
    A trade deal with South Korea includes a 15% tariff and major investments

    The U.S. imposes a 15% tariff on South Korean imports amidst a new trade deal, stimulating investment, energy purchases, and duty-free access benefiting U.S. agriculture and automotive exports while strengthening the dollar. – vtmarketsmy.com

    31 July 2025
    Reuters estimates the USD/CNY reference rate will be 7.2062.

    The PBOC manages the yuan’s daily midpoint against a currency basket, allowing limited fluctuations for stability. Traders should expect controlled movements and may favor strategies anticipating gradual changes in the USD/CNY pair. – vtmarketsmy.com

    31 July 2025
    KOSPI index rises 0.65% and Hyundai up 3% following US trade agreement with South Korea

    The KOSPI index climbed 0.65% after a US trade deal, boosting Hyundai’s shares by 3%. Traders anticipate strong market reactions to upcoming second-quarter trade figures and semiconductor news. – vtmarketsmy.com

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