Live Updates

2

Jul 2025
Despite hawkish remarks from Fed Powell and strong US data, gold prices are rallying

Gold holds firm near $3,350 as policy uncertainty, strong US data, and technical strength support bullish sentiment.

2

Jul 2025
The S&P index shows a slight gain, while Dow and small caps excel and Nasdaq declines

Investors shift from large cap tech to Dow and small caps as NASDAQ declines and others rise.

2

Jul 2025
In June, the ISM Manufacturing PMI increased to 49.0, exceeding forecasts and reflecting improved activity

US manufacturing activity rose slightly in June, but weak employment and new orders indicate ongoing challenges.

2

Jul 2025
Trump stated the US would replenish the Strategic Petroleum Reserves when prices become favourable

Crude oil nears $66 as Trump plans reserve refill; buyers defend key moving average support.

2

Jul 2025
Economic optimism in the United States registered at 48.6, falling short of the anticipated 50.1

U.S. economic optimism dropped to 48.6 in July, missing expectations and signaling weaker consumer sentiment ahead.

2

Jul 2025
Timiraos noted Powell’s lack of commitment to a July rate cut amidst ongoing economic concerns

Fed Chair Powell maintained a cautious stance, emphasizing data-driven decisions amid inflation concerns and tariff uncertainties.

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