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Thursday, May 22, 2025

Asia Market Movers: A US House vote on Trump's tax cut bill is edging closer - House Rules Committee approves

A US House vote on Trump's tax cut bill is edging closer - House Rules Committee approves

U.S. House Rules Committee approves Trump's tax-cut bill Sets stage for full House floor vote on the bill House Speaker Johnson and Trump... 

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BOJ Noguchi says Bank should only ramp up bond purchases during "severe market disruption"

Bank of Japan (BOJ) board member Asahi Noguchi says the central bank should only ramp up bond purchases during "severe market disruption", signaling no immediate need to counter the recent spike in su... 

US national security panel has submitted its recommendation on Nippon Steel / U.S. Steel

A U.S. national security panel (CFIUS) has submitted its recommendation to Trump on Nippon Steel's $14.9 billion bid for U.S. Steel, though the content remains undisclosed. Reuters with the info. Trum... 

New Zealand narrows budget deficit forecast, eases near-term bond issuance plans

New Zealand has revised its fiscal outlook, projecting a smaller budget deficit and adjusting bond issuance plans as it navigates a still-challenging economic environment. On Thursday, the government... 

CBA sees gold hitting $3,750/oz by year-end on safe-haven flows, weaker dollar

Gold prices are poised to rise to $3,750 per ounce by the fourth quarter, driven by rising safe-haven demand and a weakening U.S. dollar, according to a new report from Commonwealth Bank of Australia... 

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FX option expiries for 20 May 10am New York cut

EUR/USD 1.1300 (EUR1.43bn) 1.1250 (EUR1.17bn) 1.1245 (EUR1.20bn) 1.1195 (EUR2.30bn) USD/JPY 145.50 (US$1.20bn) 145.00 (US$1.12bn) GBP/USD 1.3350 (GBP250mn) USD/CHF 0.8325 (CHF585mn) USD/CAD 1.3915 (US... 

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