Live Updates

13

Aug 2025
Bessent mentioned Trump’s Nvidia deal, suggesting potential similar agreements and highlighting taxpayer benefits, while addressing China

Trump’s Nvidia deal channels AI chip sales to China, directing 15% revenue to reduce U.S. debt.

13

Aug 2025
US MBA mortgage applications rose by 10.9%, with a market index increase to 281.1

US mortgage applications rose 10.9% as rates declined to 6.67%, with refinances driving gains.

13

Aug 2025
Market anticipates a September cut, as buyers target gains while sellers eye new low levels

S&P 500 hits record high as CPI meets expectations; markets await Powell’s Jackson Hole remarks for direction.

13

Aug 2025
In July, China’s M2 money supply rose, yet new bank loans unexpectedly decreased, raising concerns

China’s M2 supply rose 8.8%, while new loans unexpectedly dropped, prompting stimulus plans to boost spending.

13

Aug 2025
Expectations for interest rates shifted, with the Fed likely to cut, while other banks remain unchanged

Traders expect a September Fed rate cut; global central banks likely to hold rates amid data focus.

13

Aug 2025
The dollar weakens further as inflation data suggests potential dovish Fed actions affecting currency movement

The dollar weakens as inflation stalls; traders anticipate Fed rate cuts, boosting major currencies like EUR/USD.

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