Monthly Archives: August 2025
In July, the US ISM Services New Orders Index decreased from 51.3 to 50.3
Written on August 5, 2025 at 7:47 pm, by
ISM Services New Orders dip; EUR/USD steady; gold, Ethereum climb; eurozone resilient amid looming risks.
In July, the ISM Services Employment Index in the United States fell to 46.4 from 47.2
Written on August 5, 2025 at 7:46 pm, by
U.S. ISM Services Employment Index fell to 46.4 in July, signaling continued contraction in hiring trends.
Moynihan from Bank of America stated Trump seeks proper regulations, predicting economic growth and rate cuts.
Written on August 5, 2025 at 7:26 pm, by
Bank of America’s Moynihan discussed regulations, economic growth, inflation, and diverging forecasts on interest rate cuts.
Crude oil futures dropped by $1.13 to settle at $65.16, reflecting a 1.7% decrease
Written on August 5, 2025 at 7:26 pm, by
Crude oil futures fell 1.7% to $65.16, highlighting volatility and impact across multiple sectors.
In July, the S&P Global Composite PMI for the United States exceeded expectations, reaching 55.1
Written on August 5, 2025 at 7:17 pm, by
US PMI rises, boosting economic outlook; gold climbs; DeFi surges; EUR/USD, GBP/USD gain amid dollar weakness.
Citi anticipates gold will reach $3,500/oz within three months amid economic uncertainty and rising tariffs
Written on August 5, 2025 at 6:56 pm, by
Citi raises gold forecast to $3,500/oz amid inflation, policy instability, and weakening US economic indicators.
In August, the year-on-year Redbook Index for the United States increased to 6.5% from 4.9%
Written on August 5, 2025 at 6:48 pm, by
US retail sales rise; EUR/USD and GBP/USD strengthen; gold steady; DeFi grows; Eurozone remains resilient.
Soft Eurozone PMI data causes the Euro to decline against the British Pound, dipping below 0.8700
Written on August 5, 2025 at 6:47 pm, by
Euro weakens as soft Eurozone PMI data contrasts UK’s stronger figures; EUR/GBP drops below 0.8700 level.
Carney announced Canada will offer C$700 million in loan guarantees to support the lumber sector
Written on August 5, 2025 at 6:27 pm, by
Canada commits C$1.2 billion to support its lumber industry and reduce reliance on U.S. exports.
The NZDUSD tests critical support levels while failing to break below the 38.2% retracement level
Written on August 5, 2025 at 6:26 pm, by
NZDUSD holds above key support at 0.5877; buyers need momentum to challenge resistance and shift bias.
