China plans to lower the Reserve Requirement Ratio to manage liquidity, with possible two cuts expected in 2020.
China plans a 7.2% defence spending increase, addressing economic challenges with proactive policies and enhanced fiscal measures.
Reserve Bank Governor Adrian Orr resigns, citing inflation at target and economic recovery; Deputy Governor Hawkesby steps in.
Singapore’s retail sales rose 2.4% in January. EUR/USD climbed, gold stayed above $2,900, Bitcoin stabilised.
China targets 5% economic growth in 2025, stabilizes yuan, issues bonds, and adjusts fiscal policies for stability.
Singapore’s retail sales rose 4.5% in January, signaling economic recovery, while gold and Bitcoin stabilize.
Lutnick urged Ford to ease tensions, but Ford refused, vowing a tougher stance amid escalating US-Canada disputes.
Gold prices in the Philippines dropped, with 1 gram now at 5,379.25 PHP, reflecting market fluctuations.
Japan’s Services PMI rose to 53.7, Composite PMI reached 52.0, and Manufacturing PMI improved to 49.0.
USD/JPY rose to 149.75, up 0.50%, as traders await Trump’s speech and BoJ rate hike signals.
