Live Updates

13

Aug 2025
Bitcoin surpassed US$123K while Ethereum exceeded US$4700, buoyed by potential Fed rate reductions

Bitcoin jumps over $123,000 with Ethereum above $4,700 amid Fed rate cut speculation and market optimism.

13

Aug 2025
Concerns over tax and rate uncertainties caused a slowdown in the UK housing market performance

UK housing market slows in July; tax hike concerns and declining rentals pressure buyer demand and prices.

13

Aug 2025
A survey indicates Japanese firms mostly support the US tariff agreement, anticipating further price increases.

Three-quarters of Japanese firms support the new US-Japan tariff deal, despite earnings and pricing concerns.

13

Aug 2025
Jerome Powell faces two disappointing options at Jackson Hole, with market expectations hanging in balance

Jerome Powell may temper expectations for a large rate cut at Jackson Hole, potentially disappointing markets.

13

Aug 2025
Trump is mulling Rick Rieder’s candidacy for Fed Chair due to his 50bp cut proposal

Rick Rieder sees potential 50 basis point Fed rate cut in September amid moderating U.S. inflation trends.

13

Aug 2025
To stabilise the HKD, Hong Kong’s central bank increased its USD sales, purchasing 3.38 billion HKD

HKMA intervenes to support HKD, buying 3.38 billion amid pressure near the currency’s weak limit.

13

Aug 2025
An Australian jobs report is anticipated today, revealing employment figures and potential unemployment decrease

Australia’s August 2025 job report shows employment growth, lower unemployment, and wage gains exceeding forecasts.

13

Aug 2025
The USD weakened against major currencies amid Fed officials’ caution about potential rate cuts and inflation

NASDAQ and S&P hit records; Fed hesitates on rate cuts amid inflation, strong labor, and mixed signals.

13

Aug 2025
New records were achieved by NASDAQ and S&P following a fluctuating trading session with gains

Stocks hit record highs; NASDAQ, S&P, Dow close up. Russell 2000 continues upward trend after gains.

13

Aug 2025
Austan Goolsbee expresses hesitance regarding a rate cut, needing more inflation reassurance before decisions

Goolsbee remains cautious on September rate cut, citing mixed job data and need for sustained low inflation.

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