Live Updates

21

Aug 2025
Currency markets fluctuate while awaiting the Fed chair’s address, with mixed PMI data influencing trading.

USDJPY rebounds; markets eye Fed speech, jobless claims, EU tariffs, mixed PMIs, and Zelensky’s security plea.

21

Aug 2025
European markets remained cautious; PMIs were better than expected while currencies and equities stayed flat

US-EU tariff talks progress, Walmart disappoints; Fed cautious, PMIs mixed, markets steady as Powell awaited.

21

Aug 2025
Bostic believes inflation needs to hit 2% and hints at one possible rate cut this year

The Fed eyes a 2% inflation target; policy remains slightly restrictive amid strong economic fundamentals.

21

Aug 2025
Schmid expresses no urgency in rate cuts, asserting that policy remains suitable and labour market stable

No urgency to cut rates, says Fed’s Schmid; inflation near 3%, economy stable, growth outlook optimistic.

21

Aug 2025
Walmart’s earnings fell below expectations; shares declined despite strong revenue and raised fiscal outlook

Walmart shares fell after missing EPS estimates, despite revenue beat and improved future earnings forecast.

21

Aug 2025
A joint US-EU statement hints at imminent tariff relief for autos while outlining further trade intentions

EU to remove tariffs on US goods; US to impose 15% tariffs on EU imports amid negotiations.

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