Asia Market Movers: Reserve Bank of New Zealand new Governor appointed: Anna Breman

Wednesday, 24 Sep, 2025 Central Banks Reserve Bank of New Zealand new Governor appointed: Anna Breman Reserve Bank of New Zealand more to come News China drops WTO developing-nation status claims, removing barrier to US trade reform talks China said it will no longer seek the special treatment typically afforded to developing nations at the World Trade Organization, easing a long-standing dispute with the U.S. over trade rules. Premier Learn more News Japan September Preliminary Manufacturing PMI 47.4 (prior 49.7) Japanese September S&P Global Manufacturing PMI Flash 48.4 manufacturing sector activity fell at the fastest pace in six months further declines in new orders, hit a five-month low decline in expo News Super Typhoon Ragasa to hit Hong Kong. Hong Kong's Stock Exchange will remain open. Hong Kong went into lockdown on Tuesday as Super Typhoon Ragasa — the world's strongest storm this year — approached. Authorities urged residents to remain indoors, with most passenger flights suspend Central Banks PBOC is expected to set the USD/CNY reference rate at 7.1080 – 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 Stock market update Hedge fund Verdad eyes Japan small-cap fund as investor demand grows Hedge fund Verdad Advisers LP is preparing to launch a new Japan-focused fund targeting small-cap equities, as global investors increasingly look beyond blue chips for returns in Tokyo's resurgent sto Central Banks UBS kept its EUR/USD forecasts at 1.23 for end-2025 and 1.18 for 2026, citing Fed cuts UBS has left its EUR/USD forecasts unchanged, projecting 1.23 by end-2025 and 1.18 for 2026. The bank expects persistent softness in U.S. labour markets and a series of Federal Reserve rate cuts to we Cryptocurrency Despite adoption trends, Deutsche Bank says neither Bitcoin nor gold will supplant the USD Bitcoin's price surge past $123,500 in mid-August coincided with one of the calmest stretches in the token's history, Deutsche Bank said in a note, highlighting what could be an important shift in how Learn more News Canadian PM Carney says trade negotiations with Trump are ongoing Canadian PM Carney: Discussions with Trump about Canada-US trade will roll into USMCA review process Negotiations with Americans are ongoing When the right deal is there for Canada, we will sign

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