ICYMI - EU delays retaliation in opposition to Trump tariffs for six months

The European Union will delay its deliberate retaliatory tariffs in opposition to the U.S., initially set to start Thursday, as a part of a deal reached between President Trump and European Fee President Ursula von der Leyen. Following weeks…

Hong Kong's central financial institution FX intervened but once more to assist the HKD

Hong Kong Financial Authority purchased just below 6.4bn HKD to prop up the forex.The HKD has been working alongside weaker finish of its buying and selling band (ie prime finish of the USD/HKD band). ---I've posted on this earlier than,…

US CFTC launches push to permit spot crypto buying and selling on registered futures exchanges

The U.S. Commodity Futures Buying and selling Fee (CFTC) is launching a brand new initiative geared toward permitting the buying and selling of spot crypto asset contracts on CFTC-registered futures exchanges. Appearing Chair Caroline Pham…

Investinglive Americas FX information wrap Four Aug. US shares almost erase the employment tumble

US shares shut close to session highs. Nasdaq again above 100 hour MAFed's Daly feedback - watch out of the narratives pundits are selectingFed's Daly says two FOMC fee cuts in 2025 appear acceptableDoubleline Gundlach: My base case continues…

ICYMI - Morgan Stanley anticipate a modest pullback in US shares in Q3, 10%

A notice from Morgan Stanley on Monday says to anticipate a US fairness market pullback in Q3 of as much as 10%:“Over the past couple of weeks, we've famous that buyers ought to anticipate a modest pullback within the third quarter,”…

Financial calendar in Asia Tuesday, August 5, 2025 - China companies PMI

Earlier this month we have had the official PMIs from China:China Manufacturing PMI (July 2025) 49.three (vs. 49.7 anticipated)and the S&P Manufacturing PMI:China Caixin July 2025 Manufacturing PMI 49.5 (anticipated 50.three, prior 50.four)At…

US shares shut close to session highs. Nasdaq again above 100 hour MA

The key US inventory indice are closing close to highs for the day because the promoting from Friday are practically reversed.A snapshot of the closing ranges is displaying:Dow industrial common +585.06 factors or +1.34% at 44173.64.S&P…

Fed's Daly feedback - watch out of the narratives pundits are selecting

Remarks from Federal Reserve Financial institution of San Francisco President Mary Daly are right here:Fed's Daly says two FOMC fee cuts in 2025 appear acceptableI feel my headline is an inexpensive approximation of the intent of her remarks.…

Fed's Daly says two FOMC charge cuts in 2025 appear acceptable

Federal Reserve Financial institution of San Francisco President Mary Daly feedback reported by way of Reuters:Snug with Fed’s July choice, much less comfy in making that very same choice repeatedlyTwo charge cuts this 12 months nonetheless…

Doubleline Gundlach: His base case remains to be two Fed charge cuts this yr

DoubleLines Jeffrey Gundlach is on CNBC. He's extra of a bond man, however is taken into account a giant thinker. His base case remains to be two charge cuts this yr.Employment is clearly weakening. Thought that the Fed chair Powell was…