Live Updates

    4 March 2025
    In February, Japan’s Consumer Confidence Index reached 35, falling short of the anticipated 35.7.

    Japan’s Consumer Confidence Index fell to 35 in February, below expectations of 35.7, indicating weaker consumer sentiment.

    4 March 2025
    The Reserve Bank of Australia cut rates due to economic risks, cautioning against prolonged tight policy.

    RBA cuts cash rate to 4.10%, citing economic risks. Inflation remains above target, policy flexibility maintained.

    4 March 2025
    In the Philippines, gold prices have remained relatively stable, based on recent market data.

    Gold prices in the Philippines remained stable Tuesday, with slight decreases. Influences include geopolitics, interest rates, and central banks.

    4 March 2025
    In Q4, Japan’s corporate capex declined 0.2%, indicating reduced domestic demand despite GDP growth.

    Corporate capex fell 0.2% in Q4 after years of growth, while GDP rose 2.8%, driven by consumption.

    4 March 2025
    Gold prices in the United Arab Emirates experienced stability, remaining largely unchanged throughout the day.

    Gold prices in UAE remained stable; central banks increased reserves, influencing prices amid economic and geopolitical factors.

    4 March 2025
    According to Reuters, the PBOC will likely set the USD/CNY reference rate at 7.2727.

    The PBOC sets a daily yuan midpoint, allowing a +/- 2% trading band, with interventions to manage volatility.

    4 March 2025
    A spokesperson from China’s NPC expressed readiness to address US concerns via dialogue and consultation.

    China urges dialogue, rejects threats, and seeks fair trade while reaffirming sovereignty and mutual respect amid tariffs.

    4 March 2025
    The CEO of Goldman Sachs, Solomon, believes a 2025 US recession is unlikely but possible.

    David Solomon believes a U.S. recession by 2025 is unlikely but possible, highlighting fiscal spending’s economic impact.

    4 March 2025
    Amid trade and geopolitical concerns, investors drive gold prices up over 1% as the dollar weakens.

    Gold prices rebounded over 1% as geopolitical tensions and falling Treasury yields boosted safe-haven demand.

    4 March 2025
    Japan’s finance minister Kato reassured that the country isn’t devaluing the yen amidst discussions.

    Japan’s finance minister Kato stated they are not devaluing the yen, citing monetary policy as the cause.

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