Monthly Archives: August 2025
The ISM Services PMI for the United States reported at 50.1, missing the 51.5 expectation
Written on August 5, 2025 at 8:16 pm, by
US services slow, AUD/USD fluctuates, Ethereum dips; gold steady amid uncertain yields—investors urged caution.
In July, the US ISM Services New Orders Index decreased from 51.3 to 50.3
Written on August 5, 2025 at 7:47 pm, by
ISM Services New Orders dip; EUR/USD steady; gold, Ethereum climb; eurozone resilient amid looming risks.
In July, the ISM Services Employment Index in the United States fell to 46.4 from 47.2
Written on August 5, 2025 at 7:46 pm, by
U.S. ISM Services Employment Index fell to 46.4 in July, signaling continued contraction in hiring trends.
Moynihan from Bank of America stated Trump seeks proper regulations, predicting economic growth and rate cuts.
Written on August 5, 2025 at 7:26 pm, by
Bank of America’s Moynihan discussed regulations, economic growth, inflation, and diverging forecasts on interest rate cuts.
Crude oil futures dropped by $1.13 to settle at $65.16, reflecting a 1.7% decrease
Written on August 5, 2025 at 7:26 pm, by
Crude oil futures fell 1.7% to $65.16, highlighting volatility and impact across multiple sectors.
In July, the S&P Global Composite PMI for the United States exceeded expectations, reaching 55.1
Written on August 5, 2025 at 7:17 pm, by
US PMI rises, boosting economic outlook; gold climbs; DeFi surges; EUR/USD, GBP/USD gain amid dollar weakness.
The S&P Global Services PMI for the United States met expectations at 55.7, surpassing projections
Written on August 5, 2025 at 7:16 pm, by
US services PMI beats forecasts; USD weakens, boosting EUR/USD and GBP/USD; DeFi and gold remain steady.
Citi anticipates gold will reach $3,500/oz within three months amid economic uncertainty and rising tariffs
Written on August 5, 2025 at 6:56 pm, by
Citi raises gold forecast to $3,500/oz amid inflation, policy instability, and weakening US economic indicators.
In August, the year-on-year Redbook Index for the United States increased to 6.5% from 4.9%
Written on August 5, 2025 at 6:48 pm, by
US retail sales rise; EUR/USD and GBP/USD strengthen; gold steady; DeFi grows; Eurozone remains resilient.
Soft Eurozone PMI data causes the Euro to decline against the British Pound, dipping below 0.8700
Written on August 5, 2025 at 6:47 pm, by
Euro weakens as soft Eurozone PMI data contrasts UK’s stronger figures; EUR/GBP drops below 0.8700 level.
