China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets 
Global Financial Firms Shift Asia Expansion Focus to South Korea as China, India Face Caution 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
Economic pessimism has set in – but there are reasons for Australians to be hopeful 
Trump Questions Housing Bill as He Prioritizes SAVE America Act 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
Argentina Economy Shrinks 1.5% in April, Recovery Under Milei Loses Momentum 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
China National Bureau of Statistic
China’s Sep manufacturing PMI came at 49.8 from 49.50 previous month, compared to a forecast of 49.50.
Non-manufacturing PMI declined to 50 in Sep from 50.30, expected 50.4.
Caixin manufacturing PMI dropped to 49.30 in Sep vs. Forecast of 50.50. While services PMI came in at 50.30 vs. the Forecast of 51.60 from 50.30 the previous month.
AUDUSD pared its gains after dismal PMI data.
Major resistance- 0.7000
Near-term resistance - 0.6950
Minor support- 0.6860,0.6800
Trend reversal level- 0.6620
