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Live Updates

24

Aug 2025
Starbucks will reduce U.S. coffee plant operations to five days weekly as demand declines

Starbucks cuts production to five days, caps raises, aiming to reduce costs amid declining U.S. demand.

24

Aug 2025
Retail sales in New Zealand rose 0.5% quarterly and 2.3% annually, indicating modest growth

New Zealand’s retail sales rose 0.5% in Q2 2025, surpassing expectations, with minimal currency impact.

24

Aug 2025
In Maryland, the first human case of screwworm raises concerns for livestock markets and cattle industries

First U.S. screwworm case confirmed in Maryland, alarming livestock industry amid rising market and outbreak fears.

24

Aug 2025
Musalem emphasised the need for more data, highlighting inflation risks before a potential rate cut

St. Louis Fed’s Musalem urges patience on rate cut, citing persistent inflation and pending employment data.

24

Aug 2025
US equity index futures show slight gains initially before retreating after a recent surge

US futures inch up after Friday surge; EURUSD dips; Fed cautious on cuts; ECB faces industry pressure.

24

Aug 2025
Antonio Tajani urged reduced rates, QE, and better SME credit to enhance European industrial competitiveness

Tajani urges ECB to cut interest rates, revive bond-buying, and boost SME credit access amid stagnation.

24

Aug 2025
Nagel highlighted that high rates remain likely, citing economic balance and stressed central bank independence

ECB’s Nagel signals no further rate cuts, citing stable inflation and stressing central bank independence amid pressures.

24

Aug 2025
Lagarde praised Europe’s labour market resilience amid falling inflation, with employment rising 4.1% since 2021

Europe’s labour market remains resilient amid inflation, with strong job growth, aided by easing costs and technology.

24

Aug 2025
Ursula von der Leyen supported the EU-US trade agreement, emphasising its advantages for European exporters

Von der Leyen backs EU-U.S. trade deal, citing stability, better market access, and avoiding global tensions.

24

Aug 2025
Kazaks believes current interest rates and inflation levels allow the ECB to monitor economic progress

ECB holds rates steady as inflation hits 2%; economic risks balanced by manufacturing gains and wage moderation.

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