Monthly Archives: August 2025
Standard Chartered anticipates Ethereum may reach $25,000 due to rising corporate treasury demand and institutional interest
Written on August 14, 2025 at 11:30 pm, by
Standard Chartered raises Ethereum forecast to $25,000 by 2028, citing strong demand and institutional interest.
In New Zealand, the Food Price Index rose 0.7% monthly, following a previous increase of 1.2%
Written on August 14, 2025 at 11:00 pm, by
New Zealand’s food prices rose 0.7% in July; yearly increase hits 5%, inflation pressures remain.
In July, New Zealand’s manufacturing PMI rose to 52.8, indicating a return to expansion
Written on August 14, 2025 at 10:59 pm, by
New Zealand’s manufacturing PMI rises to 52.8 in July, signaling renewed growth despite economic challenges.
Soros Fund Management and Appaloosa significantly increased Nvidia holdings, highlighting confidence in the company’s future
Written on August 14, 2025 at 10:01 pm, by
Soros and Appaloosa significantly boosted Nvidia stakes; both also increased investments in struggling UnitedHealth Group.
Warren Buffett has acquired new stakes in UnitedHealth, Nucor, and homebuilders while reducing Apple and BofA.
Written on August 14, 2025 at 10:00 pm, by
Berkshire Hathaway invests in UnitedHealth, Nucor, Lennar, DR Horton; trims Apple, Bank of America holdings.
PPI exceeded forecasts, raising inflation concerns, while US stock indices remained mostly stable amid mixed signals
Written on August 14, 2025 at 9:31 pm, by
US PPI rose 0.9% in July, reducing rate cut expectations and strengthening the US dollar broadly.
At 1000 Eastern Time, Powell will address the audience during the upcoming Jackson Hole symposium
Written on August 14, 2025 at 9:29 pm, by
Federal Reserve Chair Powell to speak at Jackson Hole; markets anticipate key economic policy signals.
Anticipation surrounds a 25 basis point cash rate reduction to 3% by New Zealand’s central bank
Written on August 14, 2025 at 9:00 pm, by
RBNZ likely to cut rates to 3% amid easing inflation and rising unemployment, economists widely anticipate.
US stocks ended mostly steady, with S&P achieving a record, while Nasdaq slightly fell
Written on August 14, 2025 at 8:59 pm, by
Major US stock indices were nearly flat; Intel and Netflix rose, while small-cap stocks saw declines.
An hour before opening, Dow Jones futures plummeted due to rising wholesale inflation data
Written on August 14, 2025 at 8:31 pm, by
Core wholesale inflation rose to 3.7%, driven by tariffs; Dow futures fell 200 points in response.
