Live Updates

26

Aug 2025
Australia’s CPI data is anticipated to rise, influencing upcoming RBA meetings and domestic inflation insights

July’s CPI data signals a 2.3% rise, offering limited insight compared to broader August trends.

26

Aug 2025
Trump discusses imposing economic sanctions on Russia, reviving threats after a quiet period regarding oil sales

Trump considers renewed sanctions on Russia, targeting oil trade to pressure a cease-fire and reduce conflict funding.

26

Aug 2025
The president may dismiss Fed governors for cause, while the Fed will comply with court rulings

Lisa Cook plans legal action over potential removal; Federal Reserve and White House stress legal compliance.

26

Aug 2025
Crude oil prices decreased to $63.25, influenced by Trump’s comments on production and priorities

US crude drops to $63.25; Trump targets below $60, boosts production, opposes alternative energy sources.

26

Aug 2025
Trump expressed readiness for legal challenges, discussed potential Fed board replacements, and critiqued its political nature

Trump eyes Fed board overhaul, seeks lower rates, critiques Fed politicization, and plans long-term role for Miran.

26

Aug 2025
Macklem confirmed the Bank of Canada will maintain its 2% inflation target amid economic uncertainties

Bank of Canada reaffirms 2% inflation target amid U.S. tariffs, economic uncertainty, and rising inflation pressures.

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