China may cut interest rates and reserve requirements to counter trade tensions and support economic stability.
PBOC sets new USD/CNY rate, guiding policy with tools to stabilize economy and support private banks.
Goldman Sachs cuts oil forecasts amid oversupply and weak demand, expecting further price drops through 2026.
Japanese officials caution U.S. tariffs, emphasize stable currency markets; Yen strengthens, pushing USD/JPY lower.
PBOC sets daily yuan midpoint, allowing 2% fluctuation; may intervene to maintain currency stability.
EUR/USD tumbles amid US-China trade tensions, weak sentiment, rising inflation expectations, and mixed US economic data.
Prime Minister Ishiba rejects further US compromises, stresses ASEAN’s role, warns tariffs may harm global economy.
GBP/USD rises near 1.3100 as weak US data fuels Fed rate cut expectations, boosting the Pound.
MAS eases monetary policy again as growth forecasts are cut and inflation risks remain subdued.
Singapore’s GDP shrank by 0.8%, missing expectations, amid global trade tensions and ongoing market uncertainty.
