Live Updates

23

Aug 2025
The current oil rig count has decreased by one, now standing at 411, with gas rigs unchanged

U.S. rig count drops by one as oil rigs decline to 411; gas rigs remain unchanged at 122.

23

Aug 2025
The USDJPY approaches crucial support, risking further declines if key levels break downwards.

USDJPY drops below key moving averages, testing crucial support zone; potential next moves hinge on this level.

23

Aug 2025
European indices finished the week positively, with Italy’s FTSE MIB and Spain’s Ibex reaching highs

European markets rose this week, with major indices like the DAX, CAC, and FTSE 100 gaining steadily.

23

Aug 2025
The GBPUSD rallied above key resistance levels, creating a bullish outlook, and testing further resistance

GBPUSD surged past key resistance levels; holding above 200-hour average supports bullish trend amid dollar weakness.

23

Aug 2025
President Hammack relayed Powell’s open-mindedness, emphasising inflation issues and ongoing unemployment concerns

Hammack warns inflation remains elevated; policy may ease if unemployment rises substantially before September’s review.

23

Aug 2025
The EURUSD rises due to dollar selling, influenced by expectations of forthcoming rate cuts. Traders eye critical resistance levels.

EURUSD surged after Fed’s dovish stance, breaking key resistance; two rate cuts expected by year-end.

23

Aug 2025
Canada plans to eliminate tariffs on various US goods, facilitating trade under the USMCA agreement

Canada lifts retaliatory tariffs; U.S. raises some to 35%. USDCAD trends lower amid trade shifts.

23

Aug 2025
US stocks rise, yields decrease, and the dollar falls following positive remarks from the Fed Chair

US dollar drops broadly; markets rally on Fed optimism and expected rate cuts; yields fall sharply.

23

Aug 2025
Powell discussed inflationary trends, labour market dynamics, economic growth, and revised monetary policy frameworks

PCE inflation rises; job growth slows; GDP weakens; Fed maintains flexible policy amid mixed economic signals.

23

Aug 2025
Fed Chair Powell discussed economic resilience, policy adjustments, and evolving monetary strategy amid uncertainty

The U.S. economy shows resilience, balancing inflation and employment, while adapting policy to evolving economic conditions.

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