The meeting between US President Donald Trump and Chinese President Xi Jinping concluded after about 90 minutes of talks, aimed at defusing tensions in the trade war that has roiled global markets. The two leaders were seen shaking hands before walking together out of the meeting, which took place at Busan Airport, South Korea, on…
The Japanese yen (JPY) strengthened slightly in the Asian session on Thursday, but gains remained limited as markets awaited the Bank of Japan (BoJ) policy update. Market participants are looking for signs of an interest rate hike in December or early next year, amid speculation that new Prime Minister Sanae Takaichi will promote aggressive fiscal…
GBP/USD rebounded from support at 1.3140 (its lowest since May) and strengthened in Thursday’s Asian session, briefly returning above 1.3200. The rise was supported by a moderate weakening of the US dollar after the DXY retreated from a two-week high. Market concerns that a prolonged US government shutdown could hurt the economy also weakened the…
The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.5% at its two-day meeting that ended last Thursday, in line with market expectations. This decision was supported by a majority of board members, although two dissenters, Naoki Tamura and Hajime Takata, reiterated their objections to the monetary easing policy. They…
Silver prices on October 30, 2025, showed stable movement despite market uncertainty. After several days of pressure, silver managed to recover slightly, moving around $23.50 per ounce this morning. The strengthening US dollar, driven by hawkish sentiment from the Federal Reserve and declining appetite for safe havens, temporarily held silver back, but solid industrial demand…
Gold prices edged up after four days of declines, but sentiment remained fragile as Fed Chairman Jerome Powell downplayed the likelihood of a December interest rate cut. At 7:02 a.m. Western Indonesian Time (WIB), spot gold was trading around $3,946/ounce, after falling 0.6% overnight. Powell’s cautious tone also pushed the 10-year US Treasury yield above…
