Dow Jones futures fall as traders adopt caution due to Fed independence concerns
Dow Jones futures fall by 28% to trade around 45,200 during European hours on Tuesday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures decline by 0.26% to trade below 6,450, and the Nasdaq 100 futures fall by 0.30%, trading around 23,400.
Forex Today: Markets turn risk-averse as Trump renews tariff threats
Here is what you need to know on Tuesday, August 26:
WTI tumbles to near $64.50 amid Russia-Ukraine supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI edges lower as traders assess the prospects of additional US tariffs on Russia.
USD/CHF holds above 0.8050 as Fed Governor Cook refuses to resign
USD/CHF extends its gains for the second successive session, trading around 0.8060 during the Asian hours on Tuesday.
France Consumer Confidence came in at 87 below forecasts (90) in August
France Consumer Confidence came in at 87 below forecasts (90) in August
Australian Dollar weakens as US Dollar holds ground after Fed Governor Cook’s comments
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Tuesday, extending its losses for the second successive session.
RBNZ slashes 25bps from OCR, signals dovish intents
Earlier today, the RBNZ’s monetary policy committee voted to shave off another 25bps from its overnight cash rate, a move aligned with the broader expectations of market participants. Albeit policymakers acknowledging the upside risks of inflation and overall downside risks on the economic development front, they reached 4-2 majority decisions to lower rates further at […]
Is Intel’s revival on the horizon?
The once mighty semiconductor heavyweight Intel may be standing at the foothills of a major revival to its former glory days, after President Trump floated the idea of using funds from the CHIPS Act in and become the largest stakeholder. Trump administration reportedly plans to take approximately 10% stake in Intel, using up to $11 […]
Gold’s Weekly Update: Gold remains stable amidst chaos
Despite fundamental issues such as the Trump-Putin meeting, the market’s change of hearts for the Fed’s intentions in the past month and a number of high-impact financial data being released, gold’s price remained relatively stable, possibly signaling a wait and see position on behalf of market participants. In today’s report we are to discuss a […]
Trump-Putin peace talk summit for Ukraine
Late last Friday, Russian President Vladimir Putin returned to US soil after a decade to meet with Donald Trump to discuss the possibility of ending the war in Ukraine and restoring peace at the easter front of the European continent. President Trump noted that the immediate end of the war lies in the hands of […]
Oil Weekly Update: Energy markets on hold as US-Russia talks near
Technical Analysis of Oil WTI Chart – Bears remain in control yet US-Russia talks could induce shift in dynamic Albeit the waning bearish pressure, WTI futures failed to find support around the $64.60 area and headed further south to an area last visited at the start of June of 2025, prior to the flare up […]
Growth in the UK exceeds expectations
Investors apprehended the latest round of GDP data from the UK for the second quarter of 2025 with hopefulness, contributing to extension of the Sterling into 5-week highs. The British economy grew by three tenths of a percent (0.3%) in the second quarter, above market expectations for a mere 0.1% rise, but results were below […]
German inflation stuck at 2%, DAX futures snap losses
Inflation in Germany steadied at the 2% level according to the latest CPI update and held at its lowest levels in eight months as falling energy and services costs outweighed the marginal increases of broader food costs. Given that price pressures in Europe’s largest economy revolve around the ECB’s 2% inflation target, calls from money […]
Will July’s CPI showcase the much-desired cooldown markets seek for?
Markets are increasingly growing anxious as to when will the harsh, “reciprocal” tariffs imposed by the Trump administration will strike the US consumer and inflate prices and consequently, how will the Federal Reserve respond with to such developments, in regards with their policy decisions. So far, inflation in the US remained in stagflation mode and […]
Gold’s Weekly Update: Gold maintains a sideways motion
Gold maintained a sideways motion since our last report. In today’s report we are to discuss the validity of the negative correlation of gold with the USD, fundamental issues possibly affecting gold’s price but also financial releases that could have some repercussions on the precious metal. We make a start by noting the following: Gold […]
Week Ahead Schedule
Since there are scarcity economic news releases during today’s session, we decided to outline the most important releases for this week: Tuesday: We kick off the week with the Reserve Bank of Australia’s interest rate decision, early in the Asian session, the United Kingdom’s latest labour market update, OPEC’s monthly report and possibly the main […]
Precious metals on track to clock in strong weekly gains
Both gold and silver managed to capitalize on the shortcomings of the greenback this week, which came under pressure from weaker than anticipated US labour market data, upwardly revised odds for rate cuts by the Federal Reserve, Trump’s sweeping retaliatory tariffs, broader trade tensions, but also China’s extended gold buying streak. Another catalyst that boosted […]
Oil Weekly Update: WTI temporarily snaps 5-day losing streak
Technical Analysis of Oil WTI Chart – Volatility around crude futures fade away, the commodity conducts balancing act near $65 per barrel area Another week goes by and WTI futures continue to gyrate aimlessly between the $64.50 (S1) and $68.50 (R1) per bounds, despite the 5-day losing streak, as traders scavenge for data to help […]
Bank of England seen slashing rates for the 5thconsecutive meeting
Markets participants will inadvertently focus their attention on the upcoming BoE’s interest rate decision later on today to get a grasp on how the monetary policy committee will decide to move forward with its policy plans and hence gauge the direction of the sterling in the foreseeable future. Wider market expectations point towards a 5th […]
Novo Nordisk’s slump deepens
The European pharmaceutical giant, Novo Nordisk, continues to experience sequential waves of outflows, as investors remain convinced that the company is losing the obesity drug race against its competitors but also the pileup of misleading marketing lawsuits against it, do no favours either. Since July of 2024, the shares of the drugmaker lost more than […]