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15 Jul 2025

Kremlin: Trump's statement is serious, we need time to analyse it

Responding to US President Donald Trump’s tariff threat, the Kremlin said on Tuesday, “Trump's statement is serious, we need time to analyse it.”

Additional quotes

Russian President Vladimir Putin will respond to Trump’s comments if necessary.

Decisions by Washington and Brussels are seen by Ukraine as a signal to continue the war.

Russia is ready for the next round of talks with Ukraine.

But there have been no proposals from the Ukrainian side so far.

Jul 15, 2025

CNY: Strengths and weaknesses – Commerzbank

At first glance, the Chinese figures once again look impressive. GDP grew by 5.2% in the second quarter compared with the previous year, and industrial production even rose by 6.8% in June – significantly faster than most analysts had expected, Commerzbank's FX analyst Volkmar Baur notes.
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Jul 15, 2025

AUD/USD is under mild downward pressure – UOB Group

Australian Dollar (AUD) is under mild downward pressure against US Dollar (USD); it may edge lower but is unlikely to reach 0.6515. In the longer run, AUD is likely still trading in a range of 0.6515/0.6615, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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