Live Updates

12

Aug 2025
Trump resumes criticism of Powell, hinting at legal action, while questioning Mnuchin’s name spelling

Trump renews attacks on Fed’s Powell, questions Mnuchin’s loyalty with apparent spelling and labeling confusion.

12

Aug 2025
As India’s CPI cools, the USD strengthens against the INR, approaching 87.90 in late trading

Indian Rupee weakens to 87.90 as inflation cools, interest rate cuts loom, and trade tensions grow.

12

Aug 2025
XAU/USD reversed from $3,400, finding support around $3,335 to $3,345, trading sideways

Gold trades sideways near $3,340 as markets await US inflation data; technicals hint at possible decline.

12

Aug 2025
Pantheon Macroeconomics anticipates a 0.23% core PCE increase based on CPI data, influencing market sentiment

Pantheon forecasts support a core PCE rise; data reliability questioned after major employment revisions and leadership changes.

12

Aug 2025
Following the CPI, the USD declined against major currencies but has begun to recover while markets react

USD stabilises after CPI report; stocks rise, yields fluctuate; technical analysis explores major currency pairs.

12

Aug 2025
In June 2025, Strategic Education reported quarterly revenue of $321.47 million, reflecting a 3% rise

Strategic Education posts mixed Q2 results: revenue up 3%, EPS beats estimates, shares dip 3.6% monthly.

12

Aug 2025
The cash rate was reduced by 25bps to 3.60% as the economy stabilises, indicating data reliance

RBA cuts cash rate to 3.60%, signals data-driven approach with possible further easing amid slowdown risks.

12

Aug 2025
Bullard expressed willingness for the Fed Chair role, highlighting inflation and independence concerns amidst growth projections

Bullard signals readiness for Fed Chair, predicts rate cuts, downplays tariff impact, and eyes sustained growth.

12

Aug 2025
US inflation data showed year-on-year changes; stock market reacted positively amid varied inflation rates

US July CPI rose 2.7% annually, slightly missing forecasts; markets responded positively, anticipating rate cuts.

12

Aug 2025
The Australian Dollar weakens below 0.6500 against the US Dollar due to RBA’s policy guidance

AUD/USD drops near 0.6500 as RBA cuts rates; investors eye US inflation and Australia jobs data.

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