Live Updates

7

Aug 2025
Japan’s government reduces GDP growth forecast to 0.7% due to US tariffs and weak consumption

Japan cuts GDP forecast to 0.7% amid US tariffs, expects recovery next year with stronger domestic demand.

7

Aug 2025
In June, Germany’s year-on-year industrial production decreased to -3.6%, a drop from 1%

Germany’s industrial output drops, GBP/USD rises, BoE eyes rate cut, gold steady, US growth slows.

7

Aug 2025
In July, South Africa’s net gold and forex reserves decreased to $65.143 billion from $65.216 billion

South Africa’s reserves declined; gold steady below $3,400; GBP/USD rises on expected UK rate cut.

7

Aug 2025
Preparations are in progress for a summit between Trump and Putin, aiming for ceasefire discussions.

Russia confirms Trump-Putin summit preparations; talks aim to advance ceasefire amid ongoing Ukraine diplomatic efforts.

7

Aug 2025
The USD weakened due to dovish Fed comments; AUDUSD rallied amid shifting market expectations on rates

AUDUSD climbs on soft US jobs data and Fed rate cut prospects; technicals signal potential for pullback.

7

Aug 2025
In June, the trade balance for Germany fell to €14.9 billion, missing expectations of €17.3 billion

Germany’s trade surplus dips; UK eyes rate cut; USD weakens; Gold steady amid tariff concerns.

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