Live Updates

26

Aug 2025
Trump is considering options to influence Federal Reserve banks and replace Governor Lisa Cook

Trump eyes reshaping Federal Reserve leadership, exploring candidates to replace Lisa Cook despite limits on removal.

26

Aug 2025
U.S. stock indices rose, with the Russell 2000 performing the best among them.

U.S. stocks rose, led by small-caps; industrials and financials outperformed, while consumer staples declined.

26

Aug 2025
Australia’s CPI data is anticipated to rise, influencing upcoming RBA meetings and domestic inflation insights

July’s CPI data signals a 2.3% rise, offering limited insight compared to broader August trends.

26

Aug 2025
Trump discusses imposing economic sanctions on Russia, reviving threats after a quiet period regarding oil sales

Trump considers renewed sanctions on Russia, targeting oil trade to pressure a cease-fire and reduce conflict funding.

26

Aug 2025
The president may dismiss Fed governors for cause, while the Fed will comply with court rulings

Lisa Cook plans legal action over potential removal; Federal Reserve and White House stress legal compliance.

26

Aug 2025
Crude oil prices decreased to $63.25, influenced by Trump’s comments on production and priorities

US crude drops to $63.25; Trump targets below $60, boosts production, opposes alternative energy sources.

26

Aug 2025
Trump expressed readiness for legal challenges, discussed potential Fed board replacements, and critiqued its political nature

Trump eyes Fed board overhaul, seeks lower rates, critiques Fed politicization, and plans long-term role for Miran.

26

Aug 2025
Macklem confirmed the Bank of Canada will maintain its 2% inflation target amid economic uncertainties

Bank of Canada reaffirms 2% inflation target amid U.S. tariffs, economic uncertainty, and rising inflation pressures.

26

Aug 2025
Barkin foresees a slight interest rate adjustment, anticipating minimal economic change ahead

Fed’s Barkin expects minimal economic change, suggesting a modest interest rate adjustment in the coming months.

26

Aug 2025
USDCAD retested swing area support, with moving averages below highlighting buyer pressure and resistance zones

USDCAD tests key support zone; buyers defend 1.3813-1.3832, key to sustaining upward momentum.

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