Bank Indonesia Expected to Hold Rates Steady Amid Rupiah Pressure and U.S. Tariff Concerns

Apr 22, 2025 09:18 am UTC| Economy Central Banks

Bank Indonesia is set to keep its benchmark interest rate unchanged at 5.75% on Wednesday, according to a Reuters poll of 26 economists, as the central bank aims to stabilize the rupiah amid mounting pressure from U.S....

Trump’s Fed Attacks Weigh on Dollar as Currency Hits Multi-Year Lows

Apr 22, 2025 09:18 am UTC| Economy

The U.S. dollar remained near its lowest level in three years on Tuesday, pressured by President Donald Trumps escalating attacks on Federal Reserve Chair Jerome Powell, which have deepened investor concerns over U.S....

Oil Prices Rebound Amid Short-Covering, Tariff and Fed Worries Linger

Apr 22, 2025 09:18 am UTC| Economy

Oil prices edged higher in early Tuesday trading as investors covered short positions following steep losses a day earlier. Brent crude rose 0.8% to $66.77 per barrel, while U.S. West Texas Intermediate (WTI) gained 0.8%...

Gold Steady After Record High as Fed Uncertainty and US-China Tensions Boost Safe-Haven Demand

Apr 22, 2025 09:18 am UTC| Economy

Gold prices remained steady in early Asian trading on Tuesday, holding near record highs driven by growing safe-haven demand amid intensifying U.S.-China trade tensions and uncertainty over U.S. monetary policy. Spot gold...

China’s Q1 Auto Exports Surge 16% Amid Strong Global Demand

Apr 22, 2025 09:18 am UTC| Economy

Chinas automobile exports continue to climb, reaching 1.54 million units in the first quarter of 2025a 16% year-on-year increase, according to the China Passenger Car Association (CPCA). The growth underscores the countrys...

U.S. Futures Rebound Amid Powell Criticism, Tesla and Alphabet Earnings in Focus

Apr 22, 2025 09:18 am UTC| Economy

U.S. stock index futures edged higher in early Asian trading Tuesday, clawing back some losses after a sharp Wall Street sell-off triggered by former President Donald Trumps renewed criticism of Federal Reserve Chair...

Philippines Posts $2 Billion BOP Deficit in March Amid Economic Headwinds

Apr 21, 2025 14:25 pm UTC| Economy Central Banks

The Philippines recorded a $2 billion balance of payments (BOP) deficit in March 2025, reversing a $3.1 billion surplus in February, according to the Bangko Sentral ng Pilipinas (BSP). This shift pushed the countrys...