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5

Aug 2025
In July, the S&P Global Composite PMI for the United States exceeded expectations, reaching 55.1

US PMI rises, boosting economic outlook; gold climbs; DeFi surges; EUR/USD, GBP/USD gain amid dollar weakness.

5

Aug 2025
Citi anticipates gold will reach $3,500/oz within three months amid economic uncertainty and rising tariffs

Citi raises gold forecast to $3,500/oz amid inflation, policy instability, and weakening US economic indicators.

5

Aug 2025
In August, the year-on-year Redbook Index for the United States increased to 6.5% from 4.9%

US retail sales rise; EUR/USD and GBP/USD strengthen; gold steady; DeFi grows; Eurozone remains resilient.

5

Aug 2025
Soft Eurozone PMI data causes the Euro to decline against the British Pound, dipping below 0.8700

Euro weakens as soft Eurozone PMI data contrasts UK’s stronger figures; EUR/GBP drops below 0.8700 level.

5

Aug 2025
Carney announced Canada will offer C$700 million in loan guarantees to support the lumber sector

Canada commits C$1.2 billion to support its lumber industry and reduce reliance on U.S. exports.

5

Aug 2025
The NZDUSD tests critical support levels while failing to break below the 38.2% retracement level

NZDUSD holds above key support at 0.5877; buyers need momentum to challenge resistance and shift bias.

5

Aug 2025
To optimise taxes without breaching the Wash Sale rule, investors often consider tax-loss harvesting strategies

Avoid Wash Sale pitfalls in IRAs to preserve tax deductions and enhance long-term retirement tax strategies.

5

Aug 2025
The trade balance for the United States was $-60.2B, exceeding predictions of $-61.6B

US Dollar weakens; EUR/USD and GBP/USD rise. Gold steady; DeFi grows as investors pivot from Bitcoin.

5

Aug 2025
In June, Canada saw its imports rise to $67.6 billion, increasing from $66.66 billion

Canada’s imports rise, US Dollar weakens, boosting EUR/USD and GBP/USD; Gold dips; crypto interest surges.

5

Aug 2025
In June, Canada reported exports of $61.74 billion, increasing from $60.81 billion previously

Canada’s exports grow, US Dollar weakens, DeFi sector rises, and Eurozone shows economic resilience and stability.

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