Live Updates

17

Jul 2025
Nagel from Bundesbank warns against jeopardising central bank independence amid market reactions to Trump

Central bank independence remains crucial amid political threats, as markets stabilize and gold demand declines.

17

Jul 2025
Interest rate expectations adjusted post-US inflation data, influencing various central banks’ probability of changes

Global central banks largely hold steady, with modest rate cuts or hikes expected by year-end based on forecasts.

17

Jul 2025
Citi anticipates the ECB may lower rates twice by year-end, contrary to market expectations

Citi now expects ECB rate cuts in September and December, revising earlier forecasts amid shifting market expectations.

17

Jul 2025
Bessent plans a courtesy visit to Japan’s PM Ishiba and will meet trade negotiator Akazawa

US Treasury Secretary Bessent to meet Japanese leaders in Tokyo, discuss US-Japan relations, then visit Osaka.

17

Jul 2025
The Eurozone’s final June CPI confirmed a 2.0% yearly rate, supporting the ECB’s summer pause

Eurozone June inflation holds steady at 2.0%; core CPI at 2.4%, supporting ECB rate pause.

17

Jul 2025
Market reactions to Trump’s firing threat dissipated as he denied the claims, deeming them unlikely

Trump’s potential Fed Chair dismissal spurred brief market turmoil; lasting economic damage was deemed unlikely.

17

Jul 2025
Gold’s price remains within a range as buyers and sellers anticipate potential market shifts

Gold holds trendline support; buyers eye rallies, sellers seek breakdowns amid evolving economic and Fed outlook.

17

Jul 2025
Today, European stocks rebounded, with indices recovering from earlier volatility and stabilising market sentiment

European stocks rebound, led by France and Germany; markets watch U.S. economic data for future direction.

17

Jul 2025
In early European trading, the dollar strengthens while AUD/USD struggles amid poor Australian labour data

Dollar strengthens as EUR/USD and AUD/USD fall; Senate approves $9B foreign aid spending cuts bill.

17

Jul 2025
In Europe, UK employment reports affected markets; US jobless claims and retail sales draw attention

UK unemployment ticks up; wage growth strong. US Retail Sales, jobless claims, and Fed speakers in focus.

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