The US dollar edged higher against the Japanese yen, currently standing above 160.20. Bank of Japan Governor Kazuo Ueda stated that accommodative monetary conditions remain, and further rate hikes are expected, with markets already well-prepared for a possible hike in September. As a result, the USD/JPY briefly fell from 160.20 to around 160.10 in early trading, but renewed conflict between the US and Iran pushed oil prices higher, exacerbating inflation concerns and triggering a global bond se

The central parity rate of the US dollar against the Chinese yuan is 6.7829 today, up by 20 points. The previous trading day's rate was 6.7809. The US dollar closed at 6.7202 yuan against the onshore Chinese yuan and at 6.7216 yuan against the offshore Chinese yuan yesterday.

New Zealand's ASB Bank stated that since financial markets have almost fully priced in a 25 basis point rate hike, there is limited room for a hawkish surprise in the decision itself. ASB expects at least one more rate hike before the end of the year, with the peak rate around 3.3%, slightly below current market pricing. If the outcome aligns with expectations, it could lead to a modest dovish repricing at the front end of New Zealand's yield curve and place some pressure on the New Zealand dol

Shanghai fuel oil futures have just surpassed the 4,100 yuan/ton mark, now quoted at 4,101 yuan/ton, up 7.67% on the day.

The main Nymex crude oil futures contract has just surpassed the $92.00 per barrel mark, now trading at $92.02 per barrel, up 2.00% on the day.