Live Updates

18

Jul 2025
Quarterly earnings for the Charles Schwab Corporation reached $1.14 per share, exceeding expectations

Charles Schwab beats earnings and revenue estimates, with strong year-over-year growth and stock up 25.8%.

18

Jul 2025
In July, the Consumer Sentiment Index in the US rose to 61.8, exceeding expectations

US consumer confidence rose in July, inflation expectations fell, and the US Dollar weakened following the report.

18

Jul 2025
In July, the one-year consumer inflation expectations in the US decreased from 5% to 4.4%

US inflation expectations drop to 4.4%, weakening USD; crypto surges, China sees 5.2% growth.

18

Jul 2025
Nvidia’s stock has surged, dominating indices and outpacing competitors amid an AI-driven transformation

Nvidia surges to $4.2 trillion valuation, leading global indices amid booming AI growth and market dominance.

18

Jul 2025
The USD appreciated against major currencies this week amid ongoing trade discussions and economic concerns

Trade talks with Japan continue amid election considerations; Trump lowers tariff proposal; Fed eyes potential rate cut.

18

Jul 2025
The NASDAQ reached record levels daily this week, rising marginally by 0.05% during trading

NASDAQ edges higher to another record; S&P dips slightly, Dow falls. Week shows mixed index results.

18

Jul 2025
Next week’s trading will feature key economic releases from the Fed, ECB, and various countries

Markets await central bank decisions, economic data from US, Europe, and key updates from New Zealand and Japan.

18

Jul 2025
California’s Governor plans to simplify oil drilling permits amidst pressures to ensure energy stability

California faces pressure to balance energy needs and climate goals, prompting proposed expansion of oil drilling permits.

18

Jul 2025
Goolsbee emphasised the need for clarity on tariffs to assess their inflation effects and rate cuts timing

Tariff uncertainties may hinder inflation tracking, delaying interest rate cuts; resolution could enable future rate reductions.

18

Jul 2025
Trump has enacted the GENIUS Act, regulating U.S. stablecoins with defined compliance and issuance rules

The GENIUS Act establishes clear rules for issuing U.S. dollar-backed stablecoins, ensuring security and compliance.

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