Live Updates

6

Aug 2025
Quarterly earnings per share for WIX reached $2.28, surpassing the Zacks estimate of $1.75

Wix.com beats earnings and revenue estimates, but shares lag; next quarter forecasts show moderate growth.

6

Aug 2025
At 22, Ted Weschler began as a financial analyst, eventually amassing a $264 million IRA fortune

Ted Weschler turned a retirement account into $264.4 million through disciplined, long-term investing and strategy.

6

Aug 2025
At the White House, Jensen Huang and President Trump discussed topics like chips and investments in America

Nvidia’s CEO met Trump; Apple may invest $100B more in U.S. operations, excluding iPhone assembly.

6

Aug 2025
The Pound Sterling is slightly stronger against a weaker US Dollar but declines against the Euro

GBP rises slightly against USD, weakens versus Euro; UK faces £51B budget gap, PMI hits 5-year low.

6

Aug 2025
Amid waning investor confidence and poor macroeconomic data, the US Dollar Index falls to 98.50

US Dollar dips amid stagflation fears, weak macro data, pending Fed Chair decision, and rising prices.

6

Aug 2025
Crude oil futures fall to $64.35 amid inventory draw, sanctions, and prevailing supply-demand expectations

Crude oil futures fall below key averages despite bullish data, signaling potential further decline amid demand concerns.

6

Aug 2025
Analysts from UOB Group suggest USD/CNH will fluctuate within 7.1800 to 7.2000 range

USD consolidates in tight range; analysts foresee stability between 7.1600 and 7.2240 in coming weeks.

6

Aug 2025
According to Scotiabank’s strategists, EUR/USD surpasses 1.16 after holding firm near previous highs

EUR/USD climbs above 1.16 despite weak data; bullish momentum tests resistance amid broader FX market shifts.

6

Aug 2025
Collins emphasised the importance of understanding uncertainty’s effects on the economy and investments

Uncertainty influences long-term investments and policymaking, prompting cautious strategies and holistic data evaluation amid revisions.

6

Aug 2025
Analysts suggest USD/JPY may consolidate within 147.00 to 148.20, with declines unlikely below 145.80

USD/JPY remains range-bound between 147.00–148.20 amid weak momentum; caution urged due to market risks.

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