The Trump administration is forging ahead with ambitious plans to reshape U.S. economic policy, tackling both global trade agreements and domestic monetary reforms. U.S. Treasury Secretary Scott Bessent recently outlined a bold agenda, emphasizing the completion of major trade deals and a potential overhaul of the Federal Reserve.On the trade …
Read More »AUD Bounces Back as Greenback Falters Amid RBA Rate Cut and US Inflation Data
The Australian Dollar (AUD) staged a notable recovery against the US Dollar (USD) on Tuesday, climbing above the 0.6500 threshold and erasing early losses. This rebound was driven by a weakening US Dollar, which overshadowed the Reserve Bank of Australia’s (RBA) recent decision to cut interest rates. By the American …
Read More »Eurozone Woes Weigh on Euro as ZEW Sentiment Crumbles
The euro faced mounting pressure as the Eurozone’s economic outlook darkened, with the ZEW Economic Sentiment Index plunging to a concerning low. The EUR/GBP currency pair, trading steadily around 0.8644 during the North American session, reflected the market’s cautious response to the Eurozone’s deteriorating confidence, overshadowed by trade tensions and …
Read More »EUR/GBP Stalls as UK Jobs Resilient, EU Outlook Dims
The EUR/GBP currency pair held steady at approximately 0.8644, reflecting a cautious market response to contrasting economic signals from the UK and the European Union. With UK labor data showing strength and EU economic sentiment faltering, the pair remained range-bound during North American trading. A softer U.S. inflation report added …
Read More »Oil Prices Slump Amid Supply Surge: Decoding the Market Turmoil on August 12, 2025
As the summer of 2025 draws to a close, oil markets are grappling with persistent downward momentum, with Brent crude hovering at $66.17 per barrel—a dip of 0.79% from its prior close—while West Texas Intermediate (WTI) lingers at $63.32 per barrel, down 1.00%. This year’s tepid performance, marked by a …
Read More »Rereading CPI Significance: US Price Surge Ripples Across Asset Categories
In July 2025, US inflation accelerated, with the core Consumer Price Index (CPI), excluding volatile food and energy, climbing 0.3% month-over-month and reaching a 3.1% annual rate—the fastest since January. Driven by rising service costs like airfares, medical care, and recreation, this uptick signals persistent inflationary pressures that are sending …
Read More »U.S. Consumer Price Growth Slows in July, Strengthening Case for Fed Rate Cut
U.S. consumer price growth was slower than expected in July, potentially strengthening the case for the Federal Reserve to cut interest rates at its next policy meeting in September. The Bureau of Labor Statistics’ consumer price index (CPI), a closely watched inflation gauge, rose 2.7% in the twelve months to …
Read More »Bitcoin Falls as Risk Appetite Dips Ahead of U.S. Inflation Data
Bitcoin experienced a sharp decline on Tuesday, reversing much of its weekend gains as risk appetite waned in anticipation of key U.S. inflation data. The drop in Bitcoin prices largely offset optimism stemming from favorable regulatory developments in the United States. Bitcoin fell 2.8% to $118,630.4 by 01:31 ET (05:31 …
Read More »Oil Prices Hold Steady as U.S.-China Tariff Truce and Fed Rate Cut Hopes Support Market
Oil prices remained relatively stable on Tuesday, supported by the extension of the U.S.-China tariff truce, which eased concerns over a potential escalation in their trade war that could hurt oil demand. Brent crude futures edged down by 2 cents to $66.61 per barrel by 0904 GMT, while U.S. West …
Read More »European Stocks Rise as U.S.-China Tariff Truce Boosts Investor Sentiment
European stocks saw modest gains on Tuesday, bolstered by news of the U.S.-China tariff truce extension, while investors awaited the release of key U.S. inflation data. At 03:10 ET (07:10 GMT), the DAX index in Germany rose by 0.3%, the CAC 40 in France gained 0.5%, and the FTSE 100 …
Read More »