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Thursday, May 15, 2025

Asia Market Movers: How China will take over Taiwan. Without firing a shot.

How China will take over Taiwan. Without firing a shot.

This is not directly about financial markets, but it might be of interest. Much of the current discourse on Taiwan centres around one scenario: war. The prevailing imagery involves amphibious landings... 

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APEC sees trade policy volatility in April 9 times greater than average of 2015–2024

Trade representatives of APEC member economies are meeting today and tomorrow. To discuss multilateral trade and other cooperation agendas, including reforms of the World Trade Organization. Headlines... 

AUD/USD popped higher on the huge beat in the April jobs report

The Australian April 2025 jobs data is here: Australia April 2025 unemployment rate 4.1% (vs. 4.1% expected) & Employment Change +89.0K 89,000 jobs were added, thebiggest monthly increase in 14 mo... 

Australia April 2025 unemployment rate 4.1% (vs. 4.1% expected) & Employment Change +89.0K

Wow! Big jobs added number, >4* expected! The bulk of that full-time. This is going to fuel speculation of no Reserve Bank of Australia rate cut next week. Expectations were widely held of a 25bp c... 

PBOC sets USD/ CNY reference rate for today at 7.1963 (vs. estimate at 7.2217)

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate sy... 

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Latest Forex Orders

FX option expiries for 14 May 10am New York cut

There are a couple to take note of on the board for the day, as highlighted in bold . The first one is for EUR/USD at the 1.1175 level. It's not one that holds any technical significance but could hel... 

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