Live Updates

29

Jul 2025
A virtual meeting of OPEC+’s Joint Ministerial Monitoring Committee highlighted the necessity of maintaining production levels

OPEC+ urges compliance with production limits; voluntary cuts may end early amid rising output forecasts.

29

Jul 2025
A further drop in GBP/USD is improbable to approach 1.3300, despite oversold conditions

Pound remains oversold against Dollar; further decline likely, but not expected to reach 1.3300 yet.

29

Jul 2025
The US dollar remains strong while stock markets recover, amidst limited economic news and data

Central banks steady, UK mortgages rise, ECB shifts tone; markets await U.S. data and trade talks.

29

Jul 2025
The USDCHF price approaches key resistance, with potential for both buyers and sellers to act

USDCHF tests key resistance as markets await FOMC, US data; trendlines suggest potential breakout or decline.

29

Jul 2025
Expectations for central bank interest rates remain stable, with upcoming meetings influencing future direction

Markets await central bank decisions; modest rate cuts expected globally, Fed guidance key for 2024 outlook.

29

Jul 2025
Crude oil prices remain stable, awaiting upcoming economic data and central bank decisions for direction

Crude oil trades in a tight range, awaiting key U.S. economic data and Federal Reserve decisions.

29

Jul 2025
Mortgage approvals in the UK rose to 64.17k, exceeding expectations, alongside increased consumer credit growth

UK mortgage approvals, consumer credit, and mortgage borrowing all rose in June, exceeding expectations and previous figures.

29

Jul 2025
Deutsche anticipates a rate hike from the ECB, shifting from prior expectations of further cuts

Deutsche shifts outlook, expecting ECB rate hike by late 2026, abandoning earlier forecast of September cut.

29

Jul 2025
Inflation expectations for next year decreased to 2.6%, while longer-term projections remained stable

Inflation expectations decline to 2.6% for next year, holding steady long term, indicating economic stability.

29

Jul 2025
On the second day of discussions, the US trade team seeks to maintain the ongoing truce

US and China continue Stockholm talks, seeking trade truce extension and balance on tariffs and rare earths.

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