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Monthly Archives: March 2025

Addressing Congress, President Trump announces tariffs on goods manufactured outside the United States

Written on March 5, 2025 at 4:43 am, by

Trump addressed Congress, urging oil drilling, tax cuts, tariffs, border security, and highlighting a stronger US Dollar.

Trump’s upcoming speech will cover foreign policy, including Ukraine, Gaza, and immigration funding requests

Written on March 5, 2025 at 4:35 am, by

Karoline Leavitt discussed foreign policy, Ukraine, Gaza hostages, deportations, and trade deal differences with Europe.

Despite positive China Services PMI, NZD/USD remains steady at approximately 0.5650 as Governor Orr resigns

Written on March 5, 2025 at 4:12 am, by

NZD/USD holds near 0.5650 as China’s Services PMI rises; US Dollar pressured by tariffs, growth concerns.

Howard Lutnick confronted Ontario Premier Doug Ford, who defiantly refused to relent after the call

Written on March 5, 2025 at 4:05 am, by

Lutnick and Ford clashed over trade tensions, with Lutnick criticizing Trudeau’s remarks as “very dumb.”

The Bank of Japan’s Deputy Governor Uchida indicated policy adjustments may occur if predictions are realised

Written on March 5, 2025 at 3:42 am, by

BoJ may adjust policy; interest rates monitored; wages and consumption rising; economy recovering; JGB purchases possible.

The IRS intends to reduce its workforce by up to 50% through layoffs and buyouts

Written on March 5, 2025 at 3:35 am, by

The IRS plans to cut its workforce by 50% through layoffs, attrition, and buyouts, sources report anonymously.

Unexpectedly, China’s Services PMI rose to 51.4 in February, surpassing January’s 51 and predictions

Written on March 5, 2025 at 3:13 am, by

China’s Services PMI rose to 51.4, impacting Australia’s economy, Iron Ore prices, trade balance, and the AUD.

The euro’s recent strength boosts EUR/USD to its highest level since early December amidst US policy confusion

Written on March 5, 2025 at 3:05 am, by

The euro strengthens as US equities struggle, pushing EUR/USD to its highest level since December 6.

Trump’s speech is anticipated later, amidst conflicting speculation about tariffs and the fentanyl emergency.

Written on March 5, 2025 at 2:35 am, by

Conflicting views exist on tariff rollbacks amid the fentanyl crisis, with Trump set to speak soon.

The Australian Dollar continues to rise for a third session after the release of Q4 GDP data.

Written on March 5, 2025 at 2:13 am, by

Australian Dollar strengthens as US economy slows; Australia’s GDP, Retail Sales rise, while consumer confidence declines. Trade dynamics crucial.

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