Live Updates

7

Aug 2025
The White House readies for Trump to appoint Stephen Miran to the Fed board temporarily

Stephen Miran nominated to Federal Reserve Board; advocates tariffs, deregulation, and criticizes Federal Reserve independence.

7

Aug 2025
In June, US consumer credit rose to $7.37 billion, surpassing forecasts and previous figures

US consumer credit rose by $7.4 billion in June 2025, driven by higher nonrevolving credit growth.

7

Aug 2025
Crude oil futures closed down $0.47, settling at $66.43 after fluctuating between $63.76 and $65.11

Crude oil futures declined, failing to maintain gains above the 100-day average, signaling potential further weakness.

7

Aug 2025
Market fluctuations for AUDUSD continue, trapped between 0.6354 and 0.6594 amid buyer-seller conflicts

AUDUSD remains range-bound; key support and resistance levels guide traders amid shifting momentum and technical barriers.

7

Aug 2025
Following a 25 basis point rate cut, Governor Bailey discusses policy outlook and addresses journalists

Bank of England cuts rates to 4%, balancing growth and inflation; markets anticipate further easing in 2025.

7

Aug 2025
After a rate cut by the Bank of England, the Pound Sterling rallies while EUR/GBP falls

Bank of England cuts rate to 4%, boosting Pound; dissent among policymakers reflects inflation concerns ahead.

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