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investingLive Asia-Pacific FX news wrap: US court ruled most Trump tariffs illegal
investingLive Asia-Pacific FX news wrap: US court ruled most Trump tariffs illegal
Financial market news for Asian trading on Monday, September 1, 2025
Session wrap
Wrap Asia
NZ eases rules, allows rich foreign investors to purchase or build $5m+ property
NZ eases rules, allows rich foreign investors to purchase or build $5m+ property
New Zealand will let wealthy investor visa holders buy or build one home worth at least NZ$5 million.
U.S. tariffs hit South Korea exports in August, growth slows sharply to 1.3%
U.S. tariffs hit South Korea exports in August, growth slows sharply to 1.3%
South Korea’s exports missed forecasts in August as U.S. tariffs drove the steepest U.S.-bound drop since 2020.
A car crashed into the Russian consulate in Sydney this morning, local time.
A car crashed into the Russian consulate in Sydney this morning, local time.
Appears to be an attack on the consulate. Admittedly a hare-brained one.
ukraine
ICYMI - China data showed manufacturing sector contracted for a fifth straight month
ICYMI - China data showed manufacturing sector contracted for a fifth straight month
The economy remains under pressure from weak demand, U.S. tariffs, a prolonged property slump, and rising local government debt.
China
US futures are open for trade - but not for long! (US holiday Monday)
US futures are open for trade - but not for long! (US holiday Monday)
The US Labor Day holiday is Monday, September 1. Trading for many products and exchanges is closed.
Bonds
SPX
Nasdaq
USD
Switzerland says No on gold - Swiss gold industry warns against hasty US shift
Switzerland says No on gold - Swiss gold industry warns against hasty US shift
Swiss gold refiners oppose shifting capacity to the US, calling tariffs-driven export surpluses temporary.
Financial Times: Europe ‘pretty precise’ plan to send troops to Ukraine, von der Leyen
Financial Times: Europe ‘pretty precise’ plan to send troops to Ukraine, von der Leyen
Financial Times reporting on Europe's “clear road map” for possible deployments of military to Ukraine as part of post-conflict security
ukraine
Trump denies all the  weekend reports of his ill health, says he's "never felt better"
Trump denies all the weekend reports of his ill health, says he's "never felt better"
Rumours of physical and mental decline continue to dog Trump, the oldest US President ever
Politics
USD
China property sales drop 17.6% in August, housing slump hits sixth straight month
China property sales drop 17.6% in August, housing slump hits sixth straight month
China’s housing slump deepened in August as sales fell for a sixth month and prices slid, despite fresh easing in Beijing and Shanghai. Analysts expect further policy support, with new measures possible in September.
China
Red Sea shipping security alert: vessel near Saudi port reports projectile incident
Red Sea shipping security alert: vessel near Saudi port reports projectile incident
This may be of interest to oil traders with markets opening for the new week soon. The good news is the ship and crew are all safe.
Economic calendar in Asia 01 September 2025 - Monday's calendar in China manufacturing PMI
Economic calendar in Asia 01 September 2025 - Monday's calendar in China manufacturing PMI
Asian Economic Calendar: Key Events and Consensus Expectations for 01 September 2025
economic calendar
Monday open levels, indicative FX prices, September 1, 2025
Monday open levels, indicative FX prices, September 1, 2025
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.
N26, easyMarkets, XTB and More: Executive Moves of the Week
N26, easyMarkets, XTB and More: Executive Moves of the Week
Ex-central banker takes N26 helm . In this week’s leadership shake-ups, German neobank N26 appointed former Bundesbank executive Andreas Dombret to chair its supervisory board.
executive moves
leadership changes
executive
executive transitions
EasyMarkets XTB
Weekly Snapshot: FTMO Revives MT5 Access for Prop Trading in the US, Capital.com Pursues Japan License
Weekly Snapshot: FTMO Revives MT5 Access for Prop Trading in the US, Capital.com Pursues Japan License
Prop trading returns to MT5 in the US . Two leading proprietary trading firms, FTMO and The5ers, relaunched services for US-based traders after suspending them earlier this year.
editor's pick
Capital.com FTMO
XRP Faces Bearish Pressure; Analysts Warn of Unrealistic Wealth Claims
XRP Faces Bearish Pressure; Analysts Warn of Unrealistic Wealth Claims
XRPUSD shows bearish pressure; analysts warn small investments offer limited gains, with $4–$5 potential, higher targets unlikely.
XRP Price
XRP News
XRP
ripple. xrp
trending
crypto
Dallas Fed Trimmed Mean PCE for July +1.9% vs +3.4% prior
Dallas Fed Trimmed Mean PCE for July +1.9% vs +3.4% prior
The trimmed mean inflation rates from the Dallas Fed - 29 August 2025
Judge did not rule on the dismissal of Fed Governor Lisa Cook today
Judge did not rule on the dismissal of Fed Governor Lisa Cook today
The Judge asked both parties to submit subsequent court documents next Tuesday
Gold rises back to the upper bound of a 4-month long range. Will we get a breakout?
Gold rises back to the upper bound of a 4-month long range. Will we get a breakout?
Gold is challeging a key resistance around the 3,450 level but a breakout looks unlikely at this time. What's next?
Binance Execution Services Aggregating OTC Liquidity for Tighter Spreads, Faster Execution
Binance Execution Services Aggregating OTC Liquidity for Tighter Spreads, Faster Execution
Institutional users can choose between instant spot and options OTC and fully-managed bespoke execution to meet their needs
Next week's ADP report might be the most important of the year
Next week's ADP report might be the most important of the year
People started to revaluate the ADP data after the big revisions in the last NFP report
market overview
Bybit Pushes Gold Tokenization Through Blockchain TON Integration
Bybit Pushes Gold Tokenization Through Blockchain TON Integration
Bybit has added tokenized gold (XAUT) to the TON blockchain, allowing deposits and withdrawals via XAUT0. The integration promises faster and lower-cost transactions, giving traders, investors, and...