Live Updates

18

Jul 2025
Chancellor Merz of Germany implied an uneven agreement, hinting at higher US tariffs and EU concessions

Germany’s Chancellor raised a potential asymmetrical agreement; details remain unclear amid ongoing US-EU trade negotiations.

18

Jul 2025
Ishiba urged Bessent to persist with trade discussions after their meetings, highlighting key political issues

Japan’s Akazawa and US’s Bessent met in Tokyo, discussing key trade issues without notable progress.

18

Jul 2025
BofA recently revised its forecast, anticipating only two upcoming BOE rate cuts instead of three

Bank of America now expects rate cuts in August and November, dropping its previous September forecast.

18

Jul 2025
Construction output in the Eurozone declined to -1.7%, following April’s revised increase of 4.3%

Eurozone construction output fell in May, reversing gains from April; all sectors reported monthly declines.

18

Jul 2025
Nagel emphasised that central bank independence maintains low inflation; losing it could destabilise markets

Central bank independence supports stable inflation and markets; without it, interest rates rise and markets falter.

18

Jul 2025
The S&P 500 surged after robust US economic data despite fluctuations from political commentary regarding the Fed

Bullish momentum holds as US data exceeds forecasts; market eyes Fed decision amid rate and tariff risks.

18

Jul 2025
After Waller’s comments, the euro tests key levels as the dollar weakens in European trading

Fed comments pressure US dollar; EUR/USD tests key levels amid rate cut talk and technical signals.

18

Jul 2025
The Eurozone’s current account balance increased to €32.3 billion, influenced by various surpluses and deficits

Eurozone’s current account rose to €32.3B in May 2025, driven by goods and services surpluses.

18

Jul 2025
European stock markets are rising, with many indices nearing all-time highs amidst improved investor sentiment

European and US markets recover as equities rise; German and UK indices near record highs amid optimism.

18

Jul 2025
Mixed USD performance observed; Japanese election impacts JPY outlook amid trade negotiations and positioning

USDJPY consolidates near key resistance as traders monitor Japanese election, US inflation, and trade talks.

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