Live Updates

9

Jul 2025
The USDCHF reaches new lows, testing key moving averages and presenting crucial choices for traders

USDCHF tests key moving averages, facing selling pressure; break below support may signal deeper pullback ahead.

9

Jul 2025
The Chinese vice premier remarked on the economy’s resilience and encouraged foreign investment expansion

China reaffirms economic resilience, seeks expanded investment and cooperation with non-US firms like Germany’s BASF.

9

Jul 2025
Sefcovic confirmed ongoing daily remote trade negotiations with the US, prioritising a balanced agreement

EU-US trade talks progress daily, aiming for agreement. EU stresses regulatory integrity, unity, and protection from diversions.

9

Jul 2025
Nagel believes the ECB should maintain flexibility regarding interest rate cuts, with rising market expectations

Market sees no July ECB rate cut; 42% chance in September; full cut priced by March.

9

Jul 2025
Trump is anticipated to unveil additional tariff letters, but the market views it with scepticism

Trump plans tariff letters to nations with high rates; markets skeptical about actual enforcement or timeline.

9

Jul 2025
De Guindos expressed hopes for exchange rate stability to avoid further adverse effects on the economy

An ECB official stressed exchange rate stability, warning rapid euro appreciation above $1.20 could pose problems.

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