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Live Updates

18

Jul 2025
The USD appreciated against major currencies this week amid ongoing trade discussions and economic concerns

Trade talks with Japan continue amid election considerations; Trump lowers tariff proposal; Fed eyes potential rate cut.

18

Jul 2025
The NASDAQ reached record levels daily this week, rising marginally by 0.05% during trading

NASDAQ edges higher to another record; S&P dips slightly, Dow falls. Week shows mixed index results.

18

Jul 2025
Next week’s trading will feature key economic releases from the Fed, ECB, and various countries

Markets await central bank decisions, economic data from US, Europe, and key updates from New Zealand and Japan.

18

Jul 2025
California’s Governor plans to simplify oil drilling permits amidst pressures to ensure energy stability

California faces pressure to balance energy needs and climate goals, prompting proposed expansion of oil drilling permits.

18

Jul 2025
Goolsbee emphasised the need for clarity on tariffs to assess their inflation effects and rate cuts timing

Tariff uncertainties may hinder inflation tracking, delaying interest rate cuts; resolution could enable future rate reductions.

18

Jul 2025
Trump has enacted the GENIUS Act, regulating U.S. stablecoins with defined compliance and issuance rules

The GENIUS Act establishes clear rules for issuing U.S. dollar-backed stablecoins, ensuring security and compliance.

18

Jul 2025
Next week will feature earnings reports from companies including Verizon, Tesla, and Intel among others

Tesla, Alphabet, and more release earnings next week, offering insights across tech, automotive, and consumer sectors.

18

Jul 2025
The oil rig count decreased by two to 422, while gas rigs increased by nine to 117

Oil rigs fell by two to 422, while gas rigs rose by nine, totaling 544 rigs overall.

18

Jul 2025
US stocks declined following Trump’s call for tariffs on EU goods, impacting market indices negatively

US stocks dip on tariff concerns; NASDAQ rises slightly. Yields mostly lower amid interest rate cut expectations.

18

Jul 2025
Trump advocates a 15-20% tariff on EU goods, resisting reductions on car duties and proposing reciprocity

Trump proposes 15–20% tariffs on EU goods, citing national security; EURUSD declines amid trade tensions.

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