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Blood pressure – Heart rate Version 1.6.38 PlatformAndroid Version1.6.38 Size36.4 MB Updated17/02/2025 Overview Blood Pressure Tracker - Heart Rate Monitor is a smart application that can not only measure your heart rate but also monitor...
1. What “burn rate near zero” actually reflects
On‑chain metrics show that daily XRP burned as transaction fees has collapsed to very low levels, often only a few hundred tokens per day, compared with previous periods of a few thousand. This drop is what analysts mean by the burn rate...
Market Context & Recent Movement
XAU/USD has climbed above $4,600 per ounce, supported by strong safe‑haven demand, broad Fed rate‑cut expectations, and heightened geopolitical and economic uncertainty. Bullion’s rally comes as traders price in future Federal Reserve easing and lower real...
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Australia Consumer Confidence – January 2026 Update
Current Situation: The Westpac-Melbourne Institute consumer confidence index slipped to 92.9 in January, down from 94.5 previously. The decline reflects rising concerns over interest rates, as households adjust expectations for tighter...
USD/CNY – PBOC Fixing Update
Current Situation: The People’s Bank of China (PBOC) set the USD/CNY reference rate at 7.0103, slightly stronger than the previous 7.0108. This indicates a modest CNY appreciation bias in the daily fixing.
Market Reaction:
The onshore CNY (CNY) has responded with...
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1. Nonfarm payrolls came in weaker than expected
In December 2025, the U.S. economy added only about 50,000 jobs, which was below the Bloomberg median forecast (~70,000) and lower than many economists had expected. This undershoot highlighted a continued softening in hiring momentum at the...
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What Trump has announced
President Trump has called for a one‑year cap on credit‑card interest rates at 10%, starting on January 20, 2026 — the first anniversary of his return to the White House. He framed the idea as part of an “affordability” push to prevent Americans from being “ripped...
Current price action
Gold has recently broken out to an all‑time high above $4,550 per ounce, with spot prices reaching around $4,563.61, reflecting strong safe‑haven demand amid global tensions and macro uncertainty.
Key drivers supporting the rally
Geopolitical tensions:
Rising unrest in key...
Reference rate details:
The PBOC fixed the USD/CNY reference rate at 7.0108, slightly lower than the previous day’s 7.0128.
This small decline indicates a modest CNY strengthening versus the USD in the official midpoint rate, reflecting the PBOC’s continued management of the exchange rate amid...
Dollar Index losing momentum near 99.00
The US Dollar Index, which tracks the US dollar against a basket of major currencies, has retraced from recent gains and is trading around the 99.00 level. This move interrupts a four‑day winning streak and reflects caution among traders.
Fed Chair Powell...
China’s central bank set the USD/CNY daily reference (midpoint) rate at 7.0128, compared with 7.0197 in the previous session, meaning the yuan’s official midpoint strengthened slightly against the U.S. dollar.
What this means
• The reference rate is the official midpoint around which the yuan...
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Key Points
Reference Rate
PBOC set the USD/CNY midpoint at 7.0197, slightly stronger than the previous 7.0187.
This small move suggests the PBOC is allowing modest yuan depreciation against the dollar while maintaining stability.
Market Context
USD/CNY has been trading around the 7.02...
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Key Takeaways
No Rate Cuts Soon
Hauser indicates that RBA rate cuts are unlikely in the near term, signaling a continued cautious stance despite recent global market volatility.
This suggests the RBA is prioritizing inflation control over stimulating growth, keeping policy tighter for now...
ECB hawks resist further rate cuts
Market commentary from ING highlights that ECB policymakers with a more hawkish tilt have helped temper expectations for future rate cuts, even as some dovish voices urge flexibility. Hawkish officials such as Isabel Schnabel have signalled that the scope for...
Market Context: BoJ Hawkish Shift and Yen Strength
Bank of Japan Governor Kazuo Ueda signaled that the BoJ is prepared to continue raising interest rates if economic and price trends align with its projections, reinforcing expectations that Japan is moving away from ultra‑loose policy toward...
PBOC Sets New Reference Rate:
The People’s Bank of China announced the **daily USD/CNY central parity rate at 7.0173, down from 7.0230 set previously. This fixing is used by the central bank as the midpoint around which the on‑shore yuan can trade within a set band during the day.
What It...
The Japanese yen has been under pressure in recent trading as a mix of uncertainty over Bank of Japan (BoJ) policy direction, fiscal challenges in Japan, and improved global risk sentiment have worked against the currency’s traditional safe‑haven role.
BoJ rate‑hike uncertainty and policy...
1. Key Data
USD/CNY reference rate today: 7.0230
Previous fix: 7.0288
Change: Yuan strengthened slightly against the US dollar (~0.8% appreciation in reference rate terms).
Significance: The reference rate acts as the central midpoint around which the onshore yuan trades (CNY).
2. What It...
1. Key Facts and Context
The People’s Bank of China (PBOC) sets a daily reference rate for USD/CNY that serves as the central midpoint around which the onshore yuan trades.
Reuters consensus estimate: 6.9952, slightly weaker than the previous fix, indicating market expectations for modest yuan...
1. Key Facts
The People’s Bank of China (PBOC) set today’s USD/CNY reference rate at 7.0230.
The market consensus estimate had been 6.9952, meaning the PBOC fixed the yuan weaker than expected.
This is a continuation of the recent trend of the yuan drifting weaker versus the US dollar...
Background: Inflation and RBA Policy to Date
In 2025, the RBA cut its cash rate three times, bringing it down to around 3.60% as inflation appeared to ease and economic growth slowed. However, inflation readings unexpectedly rebounded late in the year, catching many forecasters off guard...