Monthly Archives: August 2025
Concerns arise over potential US economic data manipulation following Trump’s dismissal of the statistics office head
Written on August 4, 2025 at 11:26 pm, by
Trump’s firing of labor statistics head raises fears about data reliability, shaking trust in U.S. economy.
In July, Australia’s services sector improved, although future confidence appears cautious amid rising costs
Written on August 4, 2025 at 11:26 pm, by
Australia’s services sector grew in July, with rising new business and jobs, but future confidence lagged.
Following the poor Nonfarm Payrolls report, gold maintains its gains while the US Dollar struggles
Written on August 4, 2025 at 11:18 pm, by
Gold steadies near $3,370 as rate cut hopes rise; political concerns and economic data fuel caution.
Donald Trump announced plans to increase tariffs on imports from India considerably
Written on August 4, 2025 at 11:16 pm, by
Trump plans tariff hikes on Indian imports over Russian oil sales, aiming to protect U.S. industries.
UBS highlights complacency in U.S. credit markets, suggesting high-yield debt undervalues slowdown risks
Written on August 4, 2025 at 10:57 pm, by
UBS warns U.S. credit markets are overly optimistic, underpricing recession risks as complacency reaches decade highs.
BofA maintains interest rate forecasts, dismissing market expectations for a September reduction due to job data
Written on August 4, 2025 at 10:56 pm, by
BofA expects no 2025 rate cuts, citing strong wages, stable unemployment, and persistent inflation concerns.
The Euro remains steady against the US Dollar, influenced by disappointing US employment figures affecting rate expectations
Written on August 4, 2025 at 10:48 pm, by
EUR/USD holds near 1.1600 as weak US data and Eurozone concerns shape cautious market sentiment.
Short positions on the USD have increased, while EUR long positions continue to decline
Written on August 4, 2025 at 10:46 pm, by
USD shorts rise, EUR and GBP positions shift, central banks hold rates, JPY weakens amid trade deal.
The EU has postponed its tariff retaliation against the U.S. for six months to ease tensions
Written on August 4, 2025 at 10:27 pm, by
EU suspends retaliatory tariffs against US for six months, aiming to ease trade tensions and stabilize relations.
The HKD received support from Hong Kong’s central bank, purchasing nearly 6.4 billion HKD
Written on August 4, 2025 at 10:26 pm, by
HKMA intervenes, buying HKD to stabilize currency as it nears weaker limit of trading band.
