Eurozone Sentiment Dips But Remains In Line With Third Quarter Strength
Economic sentiment remains in line with muted growth for the Eurozone, which is likely to be somewhat stronger than in the second quarter.
Markets Continue To Expect Fed Will Cut Rates Next Month
The Atlanta Fed’s third-quarter GDP nowcast is currently estimating a 2.2% increase, down from Q2’s 3.0% rise.
Initial Jobless Claims Refuse To Show Any Signs Of Cracking
Initial jobless claims improved last week, falling from 234k to 229k, remaining in the same near-record-low range it has been in for the last three years.
ECB July Minutes Confirm Wait-And-See Stance With Some Easing Bias
The released minutes of the ECB’s July meeting show that the central bank entered the summer break with a strong feeling that the job was done and that the bar had been set high for another rate cut.
New Home Sales
The initial estimate of the total valuation of U.S. new home sales in July 2025 is $29.68 billion.
AUD/USD Jumps To Near 0.6530 As Fed Dovish Bets Weigh On US Dollar
AUD/USD climbs to near 0.6530 as the US Dollar has been battered by firm Fed dovish expectations.