Live Updates

17

Jul 2025
Kevin Warsh believes AI offers opportunities, worries about the Fed’s outdated practices, and urges change

Kevin Warsh criticizes outdated Fed policy, urging adaptation to AI trends and warning of housing recession.

17

Jul 2025
The USD strengthens against major currencies, driven by heightened yields and tariff concerns affecting others

The US dollar strengthens broadly; inflation moderates; labor market slows; tariffs and yields influence economic outlook.

17

Jul 2025
The dollar gains traction today, overcoming previous declines caused by Trump’s remarks, as other currencies falter

The dollar strengthens amid market volatility; commodity currencies dip while European stocks rise and gold prices fall.

17

Jul 2025
The AUDUSD pair is declining towards support, influenced by recent data and market positioning pressures

Australian dollar weakens on soft jobs data; AUDUSD bearish amid US dollar strength and technical resistance levels.

17

Jul 2025
Nagel from Bundesbank warns against jeopardising central bank independence amid market reactions to Trump

Central bank independence remains crucial amid political threats, as markets stabilize and gold demand declines.

17

Jul 2025
Interest rate expectations adjusted post-US inflation data, influencing various central banks’ probability of changes

Global central banks largely hold steady, with modest rate cuts or hikes expected by year-end based on forecasts.

17

Jul 2025
Citi anticipates the ECB may lower rates twice by year-end, contrary to market expectations

Citi now expects ECB rate cuts in September and December, revising earlier forecasts amid shifting market expectations.

17

Jul 2025
Bessent plans a courtesy visit to Japan’s PM Ishiba and will meet trade negotiator Akazawa

US Treasury Secretary Bessent to meet Japanese leaders in Tokyo, discuss US-Japan relations, then visit Osaka.

17

Jul 2025
The Eurozone’s final June CPI confirmed a 2.0% yearly rate, supporting the ECB’s summer pause

Eurozone June inflation holds steady at 2.0%; core CPI at 2.4%, supporting ECB rate pause.

17

Jul 2025
Market reactions to Trump’s firing threat dissipated as he denied the claims, deeming them unlikely

Trump’s potential Fed Chair dismissal spurred brief market turmoil; lasting economic damage was deemed unlikely.

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