Australia Consumer Inflation Expectations declined to 4.7% in July from previous 5%

Jul 17, 2025

WTI rises to near $65.50 as crude inventories drop, tariff fears may cap gains

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.50 during the early Asian trading hours on Thursday. The WTI drifts higher, snapping the three-day losing streak, as US crude oil inventories post a weekly draw.

PBOC sets USD/CNY reference rate at 7.1461 vs. 7.1526 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1461 as compared to the previous day's fix of 7.1526 and 7.1703 Reuters estimate.