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Friday, August 22, 2025

Asia Market Movers: OpenAI’s Chief People Officer to step down

Friday, 22 Aug, 2025

Stocks

OpenAI's Chief People Officer to step down

A company spokesperson said OpenAI's Chief People Officer will depart. She will be leaving the company on Friday. According to Reuters, OpenAI's CEO announced that she had been promoted to the chief p

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Stocks

Nvidia Orders Halt to H20 Production After China Directive Against Purchases

The article is gated, but here is a link for those who want to read up on it.

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News

PBOC is expected to set the USD/CNY reference rate at 7.1871 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as

Central Banks

Jackson Hole Symposium Agenda

Below is the full agenda for the Jackson Hole Symposium ( link to the agenda release is here ) Thursday, August 21, 2025 6:00 p.m. MT (8:00 p.m. ET / 1:00 a.m. BST Fri) – Opening Reception and Dinner

News

China, Pakistan pledge deeper ties and CPEC upgrade

China's foreign minister met with Pakistan's president in Islamabad, according to Xinhua. He said China is willing to work with Pakistan to deepen traditional friendship and strengthen strategic commu

News

Japan nationwide core CPI YY 3.1% vs 3.0% expected (3.3% prior)

Japan nationwide core CPI YY 3.1% vs 3.0% expected (3.3% prior) Japan nationwide overall CPI YY 3.1% vs 3.3% prior

News

UK GFK Consumer Confidence -17 vs -20 expected (-19 prior)

UK GFK Consumer Confidence -17 vs -20 expected (-19 prior)

News

Economic Calendar for the day ahead 22 Aug 2025

The economic calendar is not very busy today, but will not be without excitement as we have Jackson Hole coming up later. During Asia-Pac, markets will be watching the July inflation data due for Japa

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Central Banks

Boston Fed's Collins open to rate cut amid tariff and job risks

Boston Fed President Susan Collins signaled openness to a rate cut as soon as next month. She flagged that higher tariffs might squeeze consumers' purchasing power and weaken spending. Collins said sh

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