Live Updates

21

Aug 2025
US business activity displays strong growth in manufacturing and services, indicating rising inflation and employment pressures

US economic activity accelerated in August 2025, with strong PMI data, rising inflation, and employment gains.

21

Aug 2025
US stocks are anticipated to decrease, with NASDAQ likely falling below its 200-hour average

NASDAQ drops below 200-hour average; futures signal further dip amid economic data, possibly favoring sellers ahead.

21

Aug 2025
The USDCAD is climbing, aiming for new highs while maintaining momentum above key support levels

USDCAD breaks key resistance levels, maintains upward momentum with critical support at 1.3875 and 1.3838.

21

Aug 2025
Canada’s PPI for August rose 0.7%, driven by metals and livestock price increases, while gasoline fell

Canada’s Producer Price Index rose 0.7% in August, driven by metals and beef, despite fuel declines.

21

Aug 2025
Initial jobless claims in the US rose to 235K, exceeding the estimated 225K, indicating potential weakness

Jobless claims rose above expectations, signaling potential job market weakness ahead of September’s labor statistics report.

21

Aug 2025
The Philadelphia Fed Business index fell short of expectations, while firms anticipate future growth.

Philadelphia Fed Index slips to -0.3; new orders, shipments fall, but price indices and jobs rise.

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.

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