Live Updates

4

Aug 2025
In July, Australia’s services sector improved, although future confidence appears cautious amid rising costs

Australia’s services sector grew in July, with rising new business and jobs, but future confidence lagged.

4

Aug 2025
Following the poor Nonfarm Payrolls report, gold maintains its gains while the US Dollar struggles

Gold steadies near $3,370 as rate cut hopes rise; political concerns and economic data fuel caution.

4

Aug 2025
Donald Trump announced plans to increase tariffs on imports from India considerably

Trump plans tariff hikes on Indian imports over Russian oil sales, aiming to protect U.S. industries.

4

Aug 2025
UBS highlights complacency in U.S. credit markets, suggesting high-yield debt undervalues slowdown risks

UBS warns U.S. credit markets are overly optimistic, underpricing recession risks as complacency reaches decade highs.

4

Aug 2025
BofA maintains interest rate forecasts, dismissing market expectations for a September reduction due to job data

BofA expects no 2025 rate cuts, citing strong wages, stable unemployment, and persistent inflation concerns.

4

Aug 2025
The Euro remains steady against the US Dollar, influenced by disappointing US employment figures affecting rate expectations

EUR/USD holds near 1.1600 as weak US data and Eurozone concerns shape cautious market sentiment.

4

Aug 2025
Short positions on the USD have increased, while EUR long positions continue to decline

USD shorts rise, EUR and GBP positions shift, central banks hold rates, JPY weakens amid trade deal.

4

Aug 2025
The EU has postponed its tariff retaliation against the U.S. for six months to ease tensions

EU suspends retaliatory tariffs against US for six months, aiming to ease trade tensions and stabilize relations.

4

Aug 2025
The HKD received support from Hong Kong’s central bank, purchasing nearly 6.4 billion HKD

HKMA intervenes, buying HKD to stabilize currency as it nears weaker limit of trading band.

4

Aug 2025
The VanEck Vectors Junior Gold Miners ETF (GDXJ) looks poised for another upward movement in performance

GDXJ signals strong upward potential with Elliott Wave patterns; caution advised due to inherent trading risks.

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