Live Updates

5

Jul 2025
Makhlouf expressed that inflation expectations remain stable while urging the ECB for improved forward guidance measures

ECB maintains steady inflation expectations, shifts to scenario-based guidance; market eyes possible rate cut by December.

5

Jul 2025
India plans to impose duties at WTO in response to US auto parts tariffs, affecting trade

India plans retaliatory tariffs on US goods after US imposes steep auto part import duties.

4

Jul 2025
US markets are quiet with little movement as tariff letters are expected to be dispatched

Markets stable as Canadian Services PMI leads focus; US tariff plans raise growth concerns amid deadlines.

4

Jul 2025
Amidst Chancellor Reeves’ welfare bill, the Pound Sterling weakens against other currencies despite her commitment

Pound Sterling weakens amid UK fiscal concerns, welfare reforms, and global economic uncertainties influencing exchange rates.

4

Jul 2025
Credit Agricole notes GBP struggles due to political uncertainty and memories of past gilt market turmoil

Political uncertainty and fiscal concerns weigh on GBP, echoing 2022 crisis; market demands clarity and leadership.

4

Jul 2025
Strong against the US Dollar, the Japanese Yen leads G10 currencies amid risk-averse sentiment

The Japanese Yen gains 0.4%, leading G10 currencies, supported by risk aversion and strong spending data.

4

Jul 2025
Markets are quiet as equities decline and the dollar slightly weakens ahead of a holiday

US dollar dips post-payrolls; gold rises, crude falls. Tariff tensions weigh on markets and sentiment.

4

Jul 2025
Scotiabank reports that the Pound remains stable within a narrow range against the US Dollar

The British Pound holds steady; markets eye Bank of England decision amid stable fiscal outlook and data.

4

Jul 2025
The OPEC+ meeting is rescheduled for Saturday, influenced by the Ashura holiday, with output increase expected

OPEC+ delays meeting to July 5 due to Ashura; output hikes continue toward pre-pandemic levels.

4

Jul 2025
Currently, gold price (XAU/USD) hovers near $3,335, awaiting clarity on tariff policy decisions

Gold hovers near $3,335 as trade tensions rise; investors seek safety amid geopolitical and fiscal uncertainties.

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