Live Updates

11

Jul 2025
Building permits in Canada saw a rise, mainly due to a significant hospital project in Ontario

Canadian building permits surged 12% in May, driven by Ontario’s hospital project and British Columbia housing.

11

Jul 2025
The USD strengthens as inflation risks rise, impacting the GBP, EUR, JPY, and US stocks

USD strengthens broadly; GBP falls on weak UK data; tariffs unsettle markets; Fed, ECB cautious on policy.

11

Jul 2025
The AUDUSD challenges its upper trendline as attention shifts towards upcoming US CPI data and dynamics

USD stable as traders assess rate cuts; CPI report key for future moves; AUD eyes RBA and CPI.

11

Jul 2025
EU’s Kallas stated no conclusions reached in US tariff discussions, emphasising a desire to avoid conflict

EU seeks to avoid trade war with US, focusing on negotiations amid expected 10% tariff rate.

11

Jul 2025
Investors remain cautious over tariffs announced by Trump, jeopardising recent market gains and sentiment

Market sentiment turns defensive as new tariffs spark uncertainty; S&P 500 futures dip amid trade tensions.

11

Jul 2025
Bitcoin’s price surges over 9%, driven by technicals and a short squeeze following a breakout

Bitcoin surged over 9%, breaking technical patterns, triggering liquidations, and potentially targeting $135,000 amid momentum.

11

Jul 2025
Panetta emphasised the ECB’s need for flexibility in policy, prioritising growth over inflation amidst global shifts

The ECB may ease policy further as inflation slows, while Europe eyes gains from global shifts.

11

Jul 2025
Schnabel indicates another rate cut needs inflation deviation, while the ECB remains positive and resilient

ECB sees resilient economy, plans bond reduction; easing unlikely without inflation shift, despite market expectations.

11

Jul 2025
Schnabel from the ECB indicated unlikely rate cuts soon, seeing balanced growth risks and manageable inflation

ECB unlikely to cut rates soon; economy resilient, inflation stable, euro strength impact seen as overstated.

11

Jul 2025
Despite rising tariffs, the market remains indifferent as the US dispatches tariff notifications online

Markets steady as U.S. tariff letters issued; USD strengthens, but volatility may follow by August deadline.

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