Live Updates

21

Aug 2025
Currency markets fluctuate while awaiting the Fed chair’s address, with mixed PMI data influencing trading.

USDJPY rebounds; markets eye Fed speech, jobless claims, EU tariffs, mixed PMIs, and Zelensky’s security plea.

21

Aug 2025
European markets remained cautious; PMIs were better than expected while currencies and equities stayed flat

US-EU tariff talks progress, Walmart disappoints; Fed cautious, PMIs mixed, markets steady as Powell awaited.

21

Aug 2025
Bostic believes inflation needs to hit 2% and hints at one possible rate cut this year

The Fed eyes a 2% inflation target; policy remains slightly restrictive amid strong economic fundamentals.

21

Aug 2025
Schmid expresses no urgency in rate cuts, asserting that policy remains suitable and labour market stable

No urgency to cut rates, says Fed’s Schmid; inflation near 3%, economy stable, growth outlook optimistic.

21

Aug 2025
Walmart’s earnings fell below expectations; shares declined despite strong revenue and raised fiscal outlook

Walmart shares fell after missing EPS estimates, despite revenue beat and improved future earnings forecast.

21

Aug 2025
A joint US-EU statement hints at imminent tariff relief for autos while outlining further trade intentions

EU to remove tariffs on US goods; US to impose 15% tariffs on EU imports amid negotiations.

21

Aug 2025
Before Powell’s address, US data influenced the USD positively, while EURUSD remains constrained between levels

EURUSD declines as traders await Powell’s speech; technicals suggest bearish momentum amid cautious rate cut outlook.

21

Aug 2025
UK manufacturers experienced a decline in orders, dropping to -33, lower than anticipated and previously

UK manufacturing orders hit lowest since June; output forecast drops amid rising costs and cautious customers.

21

Aug 2025
The USD strengthened amidst Powell’s hawkish stance, while GBPUSD trends downward with market fluctuations

GBPUSD weakens as traders brace for Jackson Hole; US data supports dollar, inflation pressures persist globally.

21

Aug 2025
In Europe, major currencies experienced sluggish trading, impacted by cautious market sentiment and upcoming events

The dollar holds steady as markets await Jackson Hole; Aussie and Kiwi fall on dovish central bank tones.

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