Monthly Archives: July 2025
According to Scotiabank, the Pound remains stable against the US Dollar before upcoming data releases
Written on July 9, 2025 at 8:42 pm, by
Pound Sterling holds steady; traders await UK trade and industrial data to gauge Bank of England direction.
Wholesale inventories and sales for May both fell by 0.3%, reflecting unchanged trends from estimates
Written on July 9, 2025 at 8:19 pm, by
US wholesale inventories and sales both declined 0.3% in May 2025, but showed year-over-year growth.
As the week progresses, analysts observe the Euro weakening slightly against the US Dollar
Written on July 9, 2025 at 8:13 pm, by
Euro steadies above 1.17 amid cautious ECB stance, awaiting CPI data; support seen near 1.1650.
Major US indices open higher, with Nvidia nearing a $4 trillion market capitalisation and record price
Written on July 9, 2025 at 7:49 pm, by
US markets rebound as major indices rise; Apple, Nvidia gain; yields dip ahead of bond auction.
The USDCHF reaches new lows, testing key moving averages and presenting crucial choices for traders
Written on July 9, 2025 at 7:18 pm, by
USDCHF tests key moving averages, facing selling pressure; break below support may signal deeper pullback ahead.
The Chinese vice premier remarked on the economy’s resilience and encouraged foreign investment expansion
Written on July 9, 2025 at 6:48 pm, by
China reaffirms economic resilience, seeks expanded investment and cooperation with non-US firms like Germany’s BASF.
Sefcovic confirmed ongoing daily remote trade negotiations with the US, prioritising a balanced agreement
Written on July 9, 2025 at 6:19 pm, by
EU-US trade talks progress daily, aiming for agreement. EU stresses regulatory integrity, unity, and protection from diversions.
Nagel believes the ECB should maintain flexibility regarding interest rate cuts, with rising market expectations
Written on July 9, 2025 at 5:48 pm, by
Market sees no July ECB rate cut; 42% chance in September; full cut priced by March.
Trump is anticipated to unveil additional tariff letters, but the market views it with scepticism
Written on July 9, 2025 at 5:19 pm, by
Trump plans tariff letters to nations with high rates; markets skeptical about actual enforcement or timeline.
De Guindos expressed hopes for exchange rate stability to avoid further adverse effects on the economy
Written on July 9, 2025 at 4:49 pm, by
An ECB official stressed exchange rate stability, warning rapid euro appreciation above $1.20 could pose problems.
