Live Updates

7

Aug 2025
Andrew Bailey emphasised cautious approach to bank rate cuts following a 25 basis point reduction

Bank of England lowers rates amid easing inflation, signals caution while monitoring price and wage growth trends.

7

Aug 2025
The U.S. Treasury sold $25 billion in 30-year bonds, receiving a low demand rating of D

30-year bond auction sees weak demand, 4.813% yield; bid-to-cover and participation below average norms.

7

Aug 2025
The current fixed mortgage rate stands at 6.63%, with corresponding monthly payments significantly raised compared to 2021

Mortgage rates dropped slightly, but monthly payments remain significantly higher than 2021 lows, impacting housing affordability.

7

Aug 2025
The US Dollar shows weakness, influenced by economic concerns, monetary policy, and potential political impacts

US Dollar dips amid economic concerns; Fed rate cut anticipated. Markets eye data, tariffs, and global talks.

7

Aug 2025
The Euro strengthened against the US Dollar but retreated from earlier peaks near 1.17

Euro nears 1.17 against USD, shows support; gold dips slightly; Bitcoin consolidates; BOE cuts rates.

7

Aug 2025
European indices mostly rise while the UK’s FTSE 100 declines amid Bank of England’s rate cut

European stocks rise broadly; UK lags after rate cut. US markets mixed; bond yields diverge; commodities shift.

7

Aug 2025
According to Scotiabank’s strategists, the Pound Sterling rises as the USD weakens ahead of the BoE

Pound steady as BoE cuts rates cautiously; split vote underscores gradual policy approach amid softer Dollar.

7

Aug 2025
After strong gains, GBP/USD remains above 1.3350 as investors await Bank of England decisions

GBP/USD holds above 1.3350 as markets await Bank of England rate decision amid US Dollar weakness.

7

Aug 2025
The gold price attempts to surpass $3,400, yet struggles despite Fed officials’ backing for rate cuts

Gold struggles near $3,400 as Fed signals rate cuts; market eyes tariffs, triangle pattern suggests breakout.

7

Aug 2025
Forecasts align with the Bank of England’s Monetary Policy Committee voting for a rate increase

Bank of England rate cut boosts pound; gold nears $3,400; Bitcoin stalls; inflation concerns persist.

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