Monthly Archives: August 2025
Goldman Sachs predicts a further 70% rise in consumer costs due to tariffs impacting markets
Written on August 11, 2025 at 9:29 pm, by
Consumer costs may rise 70% by autumn as tariffs impact companies, exporters, and consumer behavior differently.
Markets showed slight shifts ahead of CPI data, with the US dollar gaining against major currencies
Written on August 11, 2025 at 9:01 pm, by
Nasdaq hit a new high before falling; Trump delays China tariffs, oil closes at $63.96.
Bank of America advises the Fed against rate cuts, citing persistent inflation and economic challenges
Written on August 11, 2025 at 9:00 pm, by
Bank of America urges caution on rate cuts, citing persistent inflation, tariffs, and labor market uncertainties.
A rate cut of 25 basis points from the Reserve Bank of Australia is anticipated today
Written on August 11, 2025 at 8:29 pm, by
The Reserve Bank of Australia is set to cut rates; key Asian economic data also expected Tuesday.
The NASDAQ index declined after an early gain, while S&P and Dow also showed losses
Written on August 11, 2025 at 7:30 pm, by
NASDAQ drops 21 points after session highs; tech stocks fall while Nvidia and AMD face China tariffs.
In June, Mexico’s year-on-year industrial output improved from -0.8% to -0.4%
Written on August 11, 2025 at 7:20 pm, by
Mexico’s industrial sector shows gradual improvement, with contraction narrowing from -0.8% to -0.4% in June.
Trump has postponed China’s tariff deadlines by 90 days, avoiding immediate expiration and controversy
Written on August 11, 2025 at 7:00 pm, by
Trump extends China tariff deadline by 90 days, shifting expiration from tomorrow to November 9th.
According to Scotiabank strategists, the Japanese Yen remains stable against the US Dollar in low activity
Written on August 11, 2025 at 6:52 pm, by
Japanese Yen steady; eyes on Bank of Japan. GDP, gold, EUR/USD shifts signal cautious market sentiment.
The US Dollar strengthens past 0.8100 against the Swiss Franc amid positive trade deal expectations
Written on August 11, 2025 at 6:51 pm, by
US Dollar gains strength; Swiss Franc weakens amid tariffs, cautious optimism, and awaited US inflation data.
Bloomberg reports Bowman, Jefferson, and Logan are under consideration for Fed Chair alongside others
Written on August 11, 2025 at 6:30 pm, by
Fed Chair contenders include Bowman, Jefferson, Logan, Bullard, Sumerlin, Warsh, Hassett, and Waller.
