Live Updates

20

Aug 2025
The NASDAQ index experiences a decline, testing its critical moving average amidst broader market losses

NASDAQ breaks 200-hour moving average, down 1.36%; traders eye 20,864 retracement level for support.

20

Aug 2025
In early US trading, the dollar declined as markets considered potential Fed nominee implications amid allegations

US dollar weakens amid Lisa Cook fraud claims; EUR/USD recovers; mixed performance in currency, stock markets.

20

Aug 2025
Trump demands Cook’s resignation, alleging mortgage fraud, amidst calls for Fed control and investigations

Trump urges Cook’s resignation over alleged mortgage fraud, eyeing potential influence on Federal Reserve appointments.

20

Aug 2025
The new housing price index in Canada decreased by 0.1%, slightly better than the previous month

Canada’s New Housing Price Index fell 0.1% in July, tracking contractor-buyer home price agreements.

20

Aug 2025
Zervos claimed on CNBC that the Fed’s policies are overly restrictive and inflation remains high

David Zervos critiques current Fed policies as too restrictive, raising concerns over independence and leadership changes.

20

Aug 2025
The US dollar remains stable as inflation data and central bank developments influence market expectations

USD stable; NZD falls post-RBNZ cut; UK CPI beats; markets await Powell speech amid rate cut hopes.

20

Aug 2025
In Europe, UK CPI surged, impacting the Pound while markets await Fed Chair Powell’s speech

UK inflation exceeds expectations; markets await Powell’s Jackson Hole speech amid uncertain rate cut outlook.

20

Aug 2025
Mortgage applications in the US declined by 1.4%, while rates rose slightly to 6.68%

US mortgage applications fell 1.4% as refinance activity dropped; 30-year rates rose to 6.68%.

20

Aug 2025
Morgan Stanley highlights potential discord in the Fed’s stance regarding labour market and inflation issues

Morgan Stanley warns Fed minutes may not meet dovish expectations; internal divisions and inflation concerns persist.

20

Aug 2025
Market participants anticipate key insights on US economic prospects and Fed policies at Jackson Hole

Powell’s Jackson Hole speech may shift markets; watch ECB, BOE comments for policy divergence signals too.

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