Live Updates

4

Jul 2025
The economic agenda in Asia appears relatively quiet due to the US holiday affecting interest

Light data day; Japan’s household spending in focus as US holiday quiets global markets, guiding analysis.

4

Jul 2025
Oil declines on Friday but shows a weekly increase as OPEC+ meeting looms ahead

Oil prices rise ahead of OPEC+ meeting; supply concerns and technical patterns influence market sentiment and outlook.

4

Jul 2025
Bessent anticipates at least 100 nations will implement a 10% reciprocal tax amid ongoing negotiations

About 100 countries aim to adopt a 10% minimum tax, though key negotiations remain uncertain.

4

Jul 2025
Baker Hughes reported a drop in oil rigs to 425, while crude oil prices decreased by 0.77%

Active rig count drops by 8; oil prices fall slightly but remain above key technical support levels.

4

Jul 2025
US stock indices rose, led by NASDAQ, amid solid jobs data and government hiring growth

Stocks rose as NASDAQ led gains; jobs data topped forecasts with payrolls up 147,000, unemployment 4.1%.

4

Jul 2025
The US dollar strengthens, with USD/JPY approaching daily highs amidst fluctuating euro and pound movements

The US dollar fluctuated post-payroll report; USD/JPY rose amid yield gains and stronger risk assets.

4

Jul 2025
The Atlanta Fed’s GDPNow improved to 2.6%, reflecting positive growth in various economic indicators

Atlanta Fed raises GDP estimate to 2.6%, citing stronger consumption, investment, and government expenditure forecasts.

4

Jul 2025
Bessent expressed confidence in handling finances while commenting on tariffs, jobs, and upcoming events

Scott Bessent affirms tariffs aren’t inflationary, highlights trade shifts, job variability, and optimism on capital spending.

3

Jul 2025
Bessent doubts CBO forecasts, confident US GDP growth will outpace the deficit and anticipates tax vote

Bessent anticipates GDP growth outpacing the deficit; skeptical of CBO estimates; tax vote expected 1:30 PM.

3

Jul 2025
Deputy Treasury Secretary Faulkender highlighted non-tariff barriers as Japan’s economic issue, CNBC to feature Bessent

Japan’s non-tariff barriers pose trade challenges, says Faulkender; Bessent to speak soon on CNBC.

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