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12

Aug 2025
Trump resumes criticism of Powell, hinting at legal action, while questioning Mnuchin’s name spelling

Trump renews attacks on Fed’s Powell, questions Mnuchin’s loyalty with apparent spelling and labeling confusion.

12

Aug 2025
As India’s CPI cools, the USD strengthens against the INR, approaching 87.90 in late trading

Indian Rupee weakens to 87.90 as inflation cools, interest rate cuts loom, and trade tensions grow.

12

Aug 2025
XAU/USD reversed from $3,400, finding support around $3,335 to $3,345, trading sideways

Gold trades sideways near $3,340 as markets await US inflation data; technicals hint at possible decline.

12

Aug 2025
Pantheon Macroeconomics anticipates a 0.23% core PCE increase based on CPI data, influencing market sentiment

Pantheon forecasts support a core PCE rise; data reliability questioned after major employment revisions and leadership changes.

12

Aug 2025
The cash rate was reduced by 25bps to 3.60% as the economy stabilises, indicating data reliance

RBA cuts cash rate to 3.60%, signals data-driven approach with possible further easing amid slowdown risks.

12

Aug 2025
Bullard expressed willingness for the Fed Chair role, highlighting inflation and independence concerns amidst growth projections

Bullard signals readiness for Fed Chair, predicts rate cuts, downplays tariff impact, and eyes sustained growth.

12

Aug 2025
US inflation data showed year-on-year changes; stock market reacted positively amid varied inflation rates

US July CPI rose 2.7% annually, slightly missing forecasts; markets responded positively, anticipating rate cuts.

12

Aug 2025
The Australian Dollar weakens below 0.6500 against the US Dollar due to RBA’s policy guidance

AUD/USD drops near 0.6500 as RBA cuts rates; investors eye US inflation and Australia jobs data.

12

Aug 2025
The NFIB Business Optimism Index for the United States reached 100.3, exceeding the anticipated 98.6

US business optimism rose, weakening the Dollar. Gold surged; Pi Network fell. BoE cut rates amid inflation.

12

Aug 2025
Building permits in Canada for June fell 0.9%, contrasting with the anticipated 3.4% decline

Canadian building permits dipped slightly in June; US CPI rose modestly, influencing future economic policy decisions.

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