Live Updates

    27 February 2025
    Traders are cautious with NZD/USD, which hovers near 0.5695 ahead of the US GDP report.

    NZD/USD trades at 0.5695 as US tariffs and RBNZ rate cut expectations pressure NZD; GDP data awaited.

    27 February 2025
    The IRS will shut down over 120 offices, according to a letter obtained by a newspaper.

    The IRS will close 120+ taxpayer assistance offices to improve efficiency under the Trump administration’s plan.

    27 February 2025
    The fourth quarter saw Australian Private Capital Expenditure decline to -0.2%, missing the 0.8% forecast.

    Australia’s private capital expenditure fell 0.2% in Q4, missing expectations, signaling business investment challenges and caution.

    27 February 2025
    Commerce Secretary Howard Lutnick announced reciprocal tariffs, expressing concerns about China and US vehicle imports.

    April 2 set as baseline for tariffs; Chinese vehicles banned; U.S. weighs European tariffs amid trade tensions.

    27 February 2025
    The EUR/USD pair retraced by roughly 0.25% following tariff threats from President Trump towards the EU.

    EUR/USD falls 0.25% after Trump’s tariff threats; key US data and inflation reports anticipated this week.

    27 February 2025
    Seven & i’s management buyout plans falter as Itochu withdraws, complicating Japan’s acquisition landscape.

    Seven & i explored a management buyout after a $47 billion bid, but Itochu withdrew over synergy concerns.

    27 February 2025
    The GBP/USD pair reached a 10-week high, surpassing 1.2700 for the first time since mid-December.

    GBP/USD hit a 10-week high above 1.2700 but retreated amid negative risk sentiment and trade tensions.

    27 February 2025
    Atsushi Mimura believes the yen’s rise reflects economic fundamentals, citing strong growth and inflation.

    Yen strengthens to 149 per dollar as Japan’s GDP grows, inflation rises, and interest rate hikes loom.

    27 February 2025
    Nvidia’s impressive Q4 results showcased revenue of $39.3bn, exceeding expectations and last year’s figures.

    Nvidia’s Q4 revenue hit $39.3 billion, net income rose, Blackwell chip sales soared, but competition and trade restrictions pose challenges.

    27 February 2025
    Andrew Hauser highlights Australia’s labour market tightness impacts inflation, expecting positive news soon.

    RBA Deputy Governor Hauser stresses inflation progress, citing labour market challenges, during parliamentary and Bloomberg discussions.

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