Hawkish Fed Member Kashkari Talks Up Inflation, New Tariffs Between USA and Canada After Talks Collapse; Bessent Triggers "Economic D-Day" Against Iran; Sugar, Softs at or Near Fresh Highs; Gold Continues Advance; Stocks Slightly Lower
The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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Fed Minutes Reveal Broader Hawkish Concern; US Dollar Falls to 3-Month Low After Treasury Buyback Expansion; Australian Employment Data Weakens Sharply; Swedish Riksbank Policy Meeting; Gold, Sugar Surge
UK Inflation Rises to 2.9% in July, Core CPI Steady
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Fed Minutes Today May Show Bloc Dissent for Hawkish Tilt; UK Inflation Rises to 2.9% as Expected; Trump Pauses New Canadian Tariffs and Announces Deal; Sugar Futures Rise Sharply to 1-Year High Price
Iranian – US Hostilities Continue; UK Claimant Count Change Due on Tuesday; Apple/Nvidia Possible Coordination in Focus by Rothschild& Co; Bonds Continue to Selloff in the US and Beyond; Gold Continues to Threaten a Break Higher
Gold Opens the Week Steady; Earnings Reports Could Tell Markets About Health of US Consumer this Week; Bitcoin Continues to Slump Against High Rates; NASDAQ Rises in Asian Trading; Canadian CPI Due on Monday
The S&P 500 Rallies on Wednesday and Into Thursday; Gold Rises Again as CPI Comes Out as Expected; Crude Oil Remains Volatile in General, with the Americans and Iranians Nowhere Close to Agreement; UK GDP On Tap Thursday; EUR/USD Hovers Near Important Level as PPI in Focus
US inflation cooled for a second consecutive month, supporting stocks but leaving price growth too high for the Federal Reserve to consider a September rate cut.
The S&P 500 Slid as Hope for a US-Iran Deal Fades; The US CPI Report to be Watched Closely on Wednesday; Nvidia Announces New AI Model Family Called Nemotron 4; Crude Oil Reverses Initial Rally as Iran and Oman Inch Closer to Deal; USD/JPY Continues to Rise
Bonuses & Promotions
The US and Iran Continue to Trade Barbs and Demands; RBA Not Expected to Hike but Statement Will be Parsed; Cleveland Fed Head States More than One Rate Hike Probable; US CPI Expected to Rise in July; Silver Jumps Over the 200 Day EMA Early on Tuesday
Iran and the US at the Forefront of Traders’ Minds; Crude Oil Opens Lackluster at Monday Open; Intervention by the Bank of Japan Still Front and Center
The US dollar fell and stocks advanced after July’s weak employment report revealed declining payrolls, slower wage growth and cracks in the labor market.
Iran and Oman are Working on a Transit Deal; Iranians still Deny Talking with the USA; Crude Oil Continues to Drift Lower on Deal Hopes Again; Gold Broke Out on Wednesday, Clearing the Crucial $4200 level; The Aussie Dollar Trades Higher on Wednesday Against the Greenback
Both Dow Jones 30 and S&P 500 Sit at All-Time Highs; DAX Finds Fresh Highs on Tuesday; SpaceX and AMD Get Hammered After Earnings Calls; Crude Oil Slices Below $80 on Renewed Hopes; US Dollar Continues to Attempt to Stabilize Against the Yen; Mexican Peso Sees Rally as Rates Drop
US manufacturing growth surprises markets as the Fed and BoJ intervene, Palantir and Boeing rally, and Bitcoin traders face a new security threat.