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Tuesday, May 27, 2025

Asia Market Movers: ForexLive Asia-Pacific FX news wrap: USD lost ground

ForexLive Asia-Pacific FX news wrap: USD lost ground

Chinese state media talking up the solid rise for April industrial profits China April Industrial Profits +3% y/y (prior +2.6%) Goldman Sachs sees lower oil prices in 2025-2026 Japanfinmin Kato: Impor... 

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Chinese state media talking up the solid rise for April industrial profits

Chinese state media outlet Global Times cites positive developments helping drive industrial profits in April: +3.0% year-on-year in April, 0.4 percentage points faster than in March GT says that new... 

China April Industrial Profits +3% y/y (prior +2.6%)

China April 2025 Industrial Profits +3% y/y (prior +2.6%), best since December +1.4% YTD (prior +0.8%) The rebound is a sign of some recovery for China's manufacturing sector and stabilisation f... 

Goldman Sachs sees lower oil prices in 2025-2026

Goldman Sachs says "oil production growth from non-OPEC ex Russia ex shale top projects will likely accelerate to 1MB/d over next two years" "wave of new natural gas projects in Saudi Arabia and Qatar... 

Japanfinmin Kato: Important for currencies to move in stable manner reflecting fundamental

Japan finance minister Kato: Important for currencies to move in a stable manner reflecting fundamentals Generally speaking, higher yen could push down import costs and prices Nothing new or surprisin... 

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FX option expiries for 26 May 10am New York cut

With it being a UK and US holiday, it is akin to an extended weekend for markets in general. As such, there aren't any major expiries to take note of on the day. That said, the big news over the weeke... 

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