Live Updates

12

Aug 2025
UBS predicts US inflation will rise in July, with escalating pressures continuing into autumn months

UBS predicts rising US inflation through autumn, driven by tariffs, core goods, and higher service prices.

12

Aug 2025
Bullock stated the board is data dependent, linking pre-emptive actions to their forecasts and confirmations

RBA Governor Bullock reaffirms data-driven strategy, emphasising forecasts, caution in uncertainty, and gradual interest rate reductions.

12

Aug 2025
In early European trading, Eurostoxx, German DAX, and UK FTSE futures rose modestly.

Eurostoxx and DAX futures rose amid cautious sentiment ahead of key US inflation data release.

12

Aug 2025
UK unemployment rate remains at 4.7%, while employment rises and wage growth shows signs of decline

UK unemployment steady at 4.7%; employment rises, real wages fall, raising stagflation concerns for the economy.

12

Aug 2025
The RBA governor emphasised prioritising inflation and employment, clarifying no commitments on rate actions

RBA Governor Bullock stresses focus on inflation, employment; no guarantees of support for financial assets.

12

Aug 2025
Bullock stated that no larger rate cut was discussed, with decisions reliant on future data analysis

RBA evaluates rates meeting by meeting, with future cuts likely; neutral rate seen as less critical.

12

Aug 2025
Local Chinese companies are advised by authorities to refrain from using Nvidia’s H20 chips for government applications

China discourages use of Nvidia’s H20 chips in government sectors, affecting prior U.S.-approved AI chip sales.

12

Aug 2025
The RBA reduced its cash rate to 3.60%, prioritising price stability and employment amidst ongoing uncertainty

RBA cuts rates as inflation nears target; focus shifts to labour market amid global uncertainty and slowing growth.

12

Aug 2025
FX option expiries may influence trader behaviour ahead of the upcoming US CPI report and data

EUR/USD and USD/CAD show notable option expiries; traders await US CPI for market direction clarity.

12

Aug 2025
Traders anticipate a 25 bps rate cut from the RBA, with muted market reactions expected

RBA expected to cut cash rate to 3.60%, with markets anticipating a muted reaction to decision.

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