Posted at 11 August 2025 / Categories Market Roundups
Market Roundup
• French 12-Month BTF Auction1.973% ,1.952% previous
• French 3-Month BTF Auction 1.952%, 1.957% previous
• French 6-Month BTF Auction 1.971%,1.961% previous
•US 3-Month Bill Auction 4.150%, 4.165% previous
•US 6-Month Bill Auction 3.970%, 3.980% previous
Looking Ahead Economic Data (GMT)
• 23:50 Japan M2 Money Stock (YoY) 0.8% forecast,0.9% previous
• 23:50 Japan M3 Money Supply (Jul) 2,204.8B previous
• 01:30 Australia NAB Business Confidence (Jul) 5 previous
• 01:30 Australia NAB Business Survey (Jul) 9 previous
• 04:30 Australia RBA Interest Rate Decision (Aug) 3.60% forecast,3.85% previous
Looking Ahead Events and Other Releases(GMT)
• 04:30 Australia RBA Monetary Policy Statements
• 04:30 Australia RBA Rate Statement
Currency Forecast
EUR/USD : The euro declined against the dollar on Monday as investors assessed trade and geopolitical developments alongside key U.S. economic data. U.S. President Donald Trump signed an executive order extending the tariff truce with China by 90 days, just hours before tariffs were set to jump to triple-digit rates. Trump and Russian President Vladimir Putin are scheduled to meet in Alaska on Friday to discuss ending Russia's war on Ukraine. Meanwhile, the main economic focus this week is Tuesday’s U.S. consumer price report, with analysts expecting tariffs to push core inflation up 0.3%, raising the annual rate to 3%, above the Fed’s 2% target.The euro was down 0.21% against the dollar at $1.1612. The dollar index rose 0.27% to 98.50. Immediate resistance can be seen at 1.1784(23.6%fib ), an upside break can trigger rise towards 1.1874(Higher BB).On the downside, immediate support is seen at 1.1601 (Daily low), a break below could take the pair towards 1.1549(38.2%fib).
GBP/USD: The British pound hovered near a two-week high on Monday as markets awaited key job and growth data later this week, following the BoE’s narrow 25 bps rate cut to 4% last Thursday. Economists expect Tuesday’s unemployment rate to hold steady at 4.7% for the three months to June, while preliminary Q2 GDP growth is forecast to slow to 0.1%, down from 0.7% in Q1. Four of nine MPC members opposed the recent rate cut, reflecting the BoE’s cautious, gradual easing approach compared to the ECB amid persistent inflation concerns. Meanwhile, Tuesday’s U.S. inflation data will be closely watched ahead of the Federal Reserve’s interest rate decision next week. Immediate resistance can be seen at 1.3540(38.2%fib), an upside break can trigger rise towards 1.3584Higher BB).On the downside, immediate support is seen at 1.3389(50%fib), a break below could take the pair towards 1.3345(Aug 7th low).
USD/CAD: The Canadian dollar fell to a six-day low against the U.S. dollar on Monday as the greenback gained broadly ahead of a key U.S. inflation report and amid a rise in bearish bets on the loonie to a two-month high. The U.S. dollar strengthened against major currencies ahead of the deadline for a potential U.S.-China tariff deal and the upcoming U.S. consumer price index release, which could influence the Federal Reserve’s rate decision next month. Meanwhile, Canada’s economy lost 40,800 jobs in July, reversing some of June’s gains. Investors now see a 36% chance of a Bank of Canada rate cut on September 17, up from 17% earlier this month. The loonie was trading 0.2% lower at 1.3784 per U.S. dollar , after touching its weakest intraday level since last Tuesday at 1.3795. Immediate resistance can be seen at 1.3817(38.2% fib), an upside break can trigger rise towards 1.3889 (Higher BB).On the downside, immediate support is seen at 1.3733(SMA20), a break below could take the pair towards 1.3595(23.6%fib).
USD/JPY: The U.S. dollar advanced against yen on Monday as greenback gained some traction ahead of Tuesday’s key U.S. CPI release. Analysts expect tariffs to boost core CPI by 0.3% for the month, lifting the annual rate to 3.0%, above the Fed’s 2% target. July consumer prices are forecasted to have risen 2.8% year-on-year, signaling moderate inflation. Following weak jobs data, market expectations for Fed rate cuts increased, with futures showing over a 90% chance of a cut in September and at least two cuts priced in for the year. The dollar strengthened 0.26% to 148.11 against the Japanese yen. Immediate resistance can be seen at 148.04(SMA20) an upside break can trigger rise towards 150.00(Psychological level) .On the downside, immediate support is seen at 146.31(61.8%fib) a break below could take the pair towards 145.40 (Lower BB).
Equities Recap
European shares edged lower on Monday as investors held back from making significant moves ahead of a busy week featuring tariff negotiations and concluding with U.S.-Russia talks on the war in Ukraine.
UK's benchmark FTSE 100 closed up by 0.37 percent, Germany's Dax ended down by 0.34 percent, France’s CAC finished the day down by 0.57 percent.
Wall Street’s major indexes closed lower on Monday as investors anxiously await this week’s inflation data to gauge interest rate prospects and monitor U.S.-China trade developments.
Dow Jones closed down by 0.45% percent, S&P 500 closed down by 0.25% percent, Nasdaq settled down by 0.30% percent.
Commodities Recap
Oil prices settled flat as investors looked ahead to talks between Trump and Putin in Alaska on Friday, with U.S. policy towards Russian oil exports in focus. O/R
Brent settled up 0.06% to $66.63 a barrel, while U.S. crude settled up 0.13% to $63.96.
Gold prices dropped Monday after Trump ruled out tariffs on imported gold, while investors awaited U.S. inflation data for Fed guidance.
U.S. gold futures for December delivery settled 2.5% lower at $3,404.70 an ounce. Spot gold was down 1.2% at $3,358.33 as of 1:52 p.m. ET (1752 GMT).