Monthly Archives: August 2025
A substantial sell-off of Bitcoin occurred, causing prices to drop below US$110K amidst broader dollar moves
Written on August 25, 2025 at 9:58 pm, by
Bitcoin dropped below $110,000 after 24,000 coins were sold, amid market reactions to Powell’s comments.
The USD rose steadily, while US stock indices closed lower amidst various economic developments and Trump’s statements
Written on August 25, 2025 at 9:29 pm, by
USD strengthened, stocks declined; economic data, Trump’s trade comments, and geopolitical factors influenced markets on August 25.
John Williams, New York Fed President, will deliver a keynote after Lorie Logan’s speech
Written on August 25, 2025 at 9:29 pm, by
Fed officials weigh data before September rate cut; markets tumble, Bitcoin weak, US recession risk at 50%.
Lorie Logan advises the Fed to enhance communication and consider diverse views regarding interest rates
Written on August 25, 2025 at 8:59 pm, by
Lorie Logan emphasizes diverse views, improved communication, and potential rate range clarity without signaling a rate cut.
US stocks fell, with the NASDAQ unable to maintain its earlier gains while others declined
Written on August 25, 2025 at 8:59 pm, by
Major indices closed lower; NASDAQ reversed gains, Dow dropped 349 points, most S&P sectors saw declines.
Trump believes a trade tariff agreement may have been reached with South Korea, improving prospects for administration.
Written on August 25, 2025 at 8:29 pm, by
Trump suggests possible deal with South Korea, but confirmation remains uncertain; clarity needed for both parties.
In Asia, Japan’s CSPI indicates business services inflation, expected around 3.2%, surpassing Bank of Japan’s target
Written on August 25, 2025 at 8:28 pm, by
Japan’s CSPI expected to rise 3.2%, highlighting persistent inflation above Bank of Japan’s 2% target.
The dollar strengthens against most currencies, while the euro and pound face downward pressures
Written on August 25, 2025 at 7:59 pm, by
The US dollar gains strength widely, pressuring EUR, GBP, JPY, while AUD and CAD show resilience.
Crude oil futures rose to $64.80, maintaining a short-term advantage above the 100-day moving average
Written on August 25, 2025 at 6:59 pm, by
Crude oil rises to $64.80, reclaiming 100-day average; short-term bias favors buyers amid resistance.
After Canada lifted some tariffs, officials from Canada and the US are set to meet
Written on August 25, 2025 at 6:58 pm, by
Canada eases tariffs under USMCA; trade talks resume as USDCAD rises amid renewed dollar strength.
