Live Updates

7

Aug 2025
Dovish Fed comments pressure the USD, while NZD remains stable ahead of significant data releases

NZDUSD rallies as Fed signals rate cuts; benign data may reinforce trend, boosting bullish technical momentum.

7

Aug 2025
Ishiba claims no disagreement on 15% tariff cap, urging US to revise its executive orders

Prime Minister Ishiba affirms 15% tariff cap as Japan seeks U.S. clarification on trade order terms.

7

Aug 2025
During the European session, crude oil prices increase, with WTI at $64.05 and Brent at $67.04

WTI Oil prices climbed to $64.05, driven by supply-demand dynamics, inventories, and OPEC+ decisions.

7

Aug 2025
Below are the FX option expiries for the New York cut at 10:00 Eastern Time

Key August 7 option expiries include major EUR/USD, USD/JPY, AUD/USD, and USD/CAD positions totaling billions.

7

Aug 2025
US futures rise, driven by tech stocks, disregarding tariff worries and shifting economic narratives in Europe

Equity markets rally on rate cut hopes, tech leads gains; European stocks rise amid geopolitical optimism.

7

Aug 2025
The BOE is anticipated to cut rates, yet the voting details remain complex and uncertain

BOE expected to cut rates; vote split uncertain. Future policy depends on evolving data and cautious guidance.

7

Aug 2025
Data released by Destatis indicates Germany’s industrial production fell by 1.9% monthly, surpassing expectations

Germany’s industrial output dropped 1.9% in June, missing forecasts; trade surplus and EUR/USD remained stable.

7

Aug 2025
In July, South Africa’s gold and forex reserves increased from $68.415 billion to $69.161 billion

South Africa’s reserves rose in July, indicating stronger financial standing, trade balance improvements, and economic resilience.

7

Aug 2025
The Fed’s potential policy error looms, with market expectations shifting following recent labour data analyses

Weaker NFP data shifted Fed stance, prompting markets to price in more rate cuts amid labour concerns.

7

Aug 2025
Japan’s government reduces GDP growth forecast to 0.7% due to US tariffs and weak consumption

Japan cuts GDP forecast to 0.7% amid US tariffs, expects recovery next year with stronger domestic demand.

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