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Thursday, November 13, 2025

Asia Market Movers: US House votes to reopen the government. Trump to sign soon

Thursday, 13 Nov, 2025

News

US House votes to reopen the government. Trump to sign soon

Trump will sign the bill imminently to reopen the US government. bill passed the Senate 60-40 earlier this week bill then passed in the House 222-209 just now Earlier: Full SNAP benefits to restart wi

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Central Banks

PBOC sets USD/ CNY reference rate for today at 7.0865 (vs. estimate at 7.1156)

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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Forex

A USD/JPY surge above 155 heightens intervention risk. USD/JPY the Thanksgiving turkey?

USD/JPY briefly surged through the 155.00 level on Wednesday, touching 155.05 after a break above 154.50 triggered a wave of sizeable stop-loss buying. Momentum accelerated as stops layered above 155.

Central Banks

Australian dollar jumped higher on the very strong jobs report - no RBA rate cuts ahead

The Reserve Bank of Australia has a two prong mandate: price stability (keep inflation in a 2 to 3% band or so) full employment (a stable currency if you insist on a third prong) While inflation has b

Central Banks

Ueda says BOJ ready to act if long-term yields move out of line with fundamentals

More comments from Bank of Japan Governor Kazuo Ueda underscored the central bank's readiness to manage bond markets flexibly while maintaining a view that inflation dynamics are evolving in line with

News

Japan's finance minster says its hard to forsee Japan defaulting on its debt

Japan finance minister Katayama: JGBs are held predominantly by domestic investors so hard to foresee Japan defaulting on its debt Hope BOJ guides monetary policy to sustainably and stably achieve 2%

News

Australian October unemployment rate 4.3% (expected 4.4%, prior 4.5%)

This is a strong headline jobs report, the unemployment rate dropped, employment change is twice what was expected, full time jobs surged. The RBA is increasingly worried about rising inflation. This

Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1156 – 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

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News

Takaichi: Will strive to create strong economy so that tax revenues rise without tax hikes

Japan Prime Minister Takaichi: we will strive to create strong economy so that tax revenues rise without tax hikes. Sounds great. What will actually happen is the fiscal boost will help the economy an

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