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Updated: 41 min 29 sec ago

Macro Briefing - Thursday, Aug. 21

Thu, 08/21/2025 - 07:10
Chipmaker Nvidia’s earnings report next week could be a major factor for market sentiment.

OPEX Overload: How 3 Trillion In Expirations Can Move Markets

Thu, 08/21/2025 - 06:51
​​​​​​​Nearly $3 trillion of notional stock options expire on Friday’s open expiration (OPEX day). Over half of the OPEX volume is in S&P 500 options, with the remainder in single stock options.

Crypto Market Drops As Fed Minutes Expose Inflation Fear Over Jobs Crisis

Thu, 08/21/2025 - 06:32
Fed minutes showing inflation concerns over jobs worries caused Bitcoin and Ethereum to retreat from Wednesday gains.

EUR/USD Volatility Rises, But Fails To Drive Direction

Thu, 08/21/2025 - 06:21
On Thursday, the EUR/USD pair is trading around 1.1646, consolidating after the previous session’s volatility.

Silver Forecast: Bounced And Supports Target

Thu, 08/21/2025 - 05:46
The technical analysis for the silver market is bullish over the longer term, and it is interesting to see that we bounce from the crucial 50 Day EMA, as well as have recaptured the $37.50 level.

PMI Paints Upbeat Picture Of Eurozone Manufacturing In August

Thu, 08/21/2025 - 05:33
The PMI paints a picture of an economy not suffering too much from the trade war at this point.

Europe: Artificial Growth On Credit

Thu, 08/21/2025 - 05:32
Increasing public debt for low-growth growth is clearly not a viable model. And the EU does not have the power of the U.S. to impose the euro on the world and finance its deficit through global savings.

Daily Market Outlook - Thursday, Aug. 21

Thu, 08/21/2025 - 05:20
​​​​​​​Asian tech stocks increased as Nasdaq 100 futures bounced back from earlier drops, aided by dip buyers who stabilised the index during late U.S. trading.

AUD/USD Extends Losing Streak For Fourth Trading Day, Fed Powell’s Speech In Focus

Thu, 08/21/2025 - 05:05
AUD/USD declines for fourth straight trading day ahead of preliminary US S&P Global PMI data for August.

A Serious Look At Interest Rates

Thu, 08/21/2025 - 04:57
If the labor market is currently a bit subpar, it is probably due to the lingering effects of the Fed’s anti-inflation policy, not the AI boom.

Ether Bounces Off $4,100, Targets New Highs: Check Forecast

Thu, 08/21/2025 - 04:50
The rally comes as whales continue to accumulate despite profit-taking from retail traders.

BTC/USD Forecast: Support Holds At $112K

Thu, 08/21/2025 - 04:42
The technical analysis for bitcoin is somewhat bullish, but recently we’ve seen a lot of noisy behavior to the side, mainly due to the fact that risk appetite is all over the place.

Oil Is Rising As Inventories Decline. The Bank Of Indonesia Unexpectedly Cut Its Key Interest Rate

Thu, 08/21/2025 - 04:30
The Bank of Indonesia unexpectedly cut its key interest rate by 25 bps to 5.0% at its August 2025 policy meeting.

Is The Sensitivity Of Muni Bond Rates To 10 Year Treasury 0.04?

Thu, 08/21/2025 - 03:59
The interest rate mean for state municipal bond yields as proxied is 0.041, while the annual average interest rate on 10 year Treasury notes is 2.4048.

Metal Markets Report For Wednesday, Aug 20

Thu, 08/21/2025 - 03:30
In this video, Ira Epstein touches on geopolitical tensions, emphasizing the complexities and uncertainties these issues present in the global metals market.

FX Daily: EM And China Remain In Demand

Thu, 08/21/2025 - 03:10
The release of the July FOMC minutes failed to move the needle on the dollar story. What is interesting is the continued strong performance of Chinese assets, with the benchmark CSI 300 equity index up 5.9% this month in dollar terms.

USD/INR Extends Losing Streak On Upbeat Flash India's PMI Data

Thu, 08/21/2025 - 02:50
The Indian Rupee (INR) extends its winning streak against the US Dollar (USD) for the fourth trading day on Thursday.

Google Signs Deal To Power Data Centers From Advanced Nuclear Plant By 2030

Thu, 08/21/2025 - 02:30
Google​​​​​​, nuclear technology company Kairos Power, and the Tennessee Valley Authority announced a new collaboration to deliver advanced nuclear energy to Google data centers in the US.

WTI Rises To Near $63.00 On Large US Inventories Drawdown

Thu, 08/21/2025 - 02:10
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.00 during the early European trading hours on Thursday.

Australian Dollar Holds Steady After Improved S&P Global PMI Data

Thu, 08/21/2025 - 01:30
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Thursday, extending its losses for the fourth successive day.

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