Live Updates

13

Aug 2025
Analysts predict Brent crude may drop to low $60s with U.S.-Russia agreement easing risks

Brent crude may drop to low $60s or climb above $90, depending on demand and tensions.

13

Aug 2025
To stabilise the HKD, Hong Kong’s central bank increased its USD sales, purchasing 3.38 billion HKD

HKMA intervenes to support HKD, buying 3.38 billion amid pressure near the currency’s weak limit.

13

Aug 2025
Three rate cuts from the Federal Reserve are anticipated by Goldman Sachs before 2026 ends

Goldman Sachs forecasts three Fed rate cuts by 2025, with further easing expected into 2026.

13

Aug 2025
An Australian jobs report is anticipated today, revealing employment figures and potential unemployment decrease

Australia’s August 2025 job report shows employment growth, lower unemployment, and wage gains exceeding forecasts.

13

Aug 2025
The USD weakened against major currencies amid Fed officials’ caution about potential rate cuts and inflation

NASDAQ and S&P hit records; Fed hesitates on rate cuts amid inflation, strong labor, and mixed signals.

13

Aug 2025
New records were achieved by NASDAQ and S&P following a fluctuating trading session with gains

Stocks hit record highs; NASDAQ, S&P, Dow close up. Russell 2000 continues upward trend after gains.

13

Aug 2025
Austan Goolsbee expresses hesitance regarding a rate cut, needing more inflation reassurance before decisions

Goolsbee remains cautious on September rate cut, citing mixed job data and need for sustained low inflation.

13

Aug 2025
The price of gold rises above $3,350, influenced by soft inflation data affecting the US Dollar

Gold holds firm above $3,350 as weak Dollar and rate cut expectations boost investor demand and optimism.

13

Aug 2025
An announcement regarding tariffs in the farming sector is expected to be delayed for weeks

Tariff probe on farming delayed; semiconductor industry prioritized as president attends Russia-Ukraine summit in Alaska.

13

Aug 2025
In an interview, Treasury Secretary Scott Bessent indicated the Fed might pursue a 50 basis point cut

US Treasury hints rate cuts likely; markets react as dollar dips amid policy shift expectations and committee changes.

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