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8 May 2025

US Presi. Trump: Big news conference Thursday morning concerning a major trade deal

US President Donald Trump announced during the Asian trading hours on Thursday of “a big news conference (Thursday) tomorrow morning at 10:00 a.m. (14 GMT) in the Oval Office. concerning a major trade deal with representatives of a big, and highly respected, country.”

Trump added: “The first of many.”

May 8, 2025

AUD/USD advances to near 0.6450, upside appears limited due to Fed cautious tone

The AUD/USD pair edges higher in Thursday’s Asian session, trading around 0.6440 after falling over 1% in the previous session. The pair had previously touched a five-month high of 0.6514 on Wednesday, but retreated amid Federal Reserve’s (Fed) cautious policy outlook.
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May 8, 2025

BoJ’s Ueda: Mindful of impact of the rising food prices on underlying inflation

Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, he is “mindful of the impact of the rising food prices on underlying inflation.”
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