Posted at 13 August 2025 / Categories Market Roundups
Market Roundup
• German CPI (MoM) (Jul): 0.3%, 0.3% forecast, 0.0% previous.
•German CPI (YoY) (Jul): 2.0%, 2.0% forecast, 2.0% previous.
•German HICP (YoY) (Jul): 1.8%, 1.8% forecast, 2.0% previous.
•German HICP (MoM) (Jul): 0.4%, 0.4% forecast, 0.1% previous.
•German WPI (MoM) (Jul): -0.1%, 0.2% forecast, 0.2% previous.
•German WPI (YoY) (Jul): 0.5%, 0.9% previous.
•China New Loans (Jul): -50.0B, 305.0B forecast, 2,240.0B previous.
•China Outstanding Loan Growth (YoY) (Jul): 6.9%, 7.0% forecast, 7.1% previous.
•China Total Social Financing (Jul): 1,160.0B, 1,500.0B forecast, 4,200.0B previous.
Looking Ahead Economic Data (GMT)
•14:00 US Crude Oil Inventories: -0.900M forecast, -3.029M previous.
•14:00 US EIA Refinery Crude Runs (WoW): 0.213M previous.
•14:00 US Crude Oil Imports: -0.794M previous.
•14:00 US Cushing Crude Oil Inventories: 0.453M previous.
•14:00 US Distillate Fuel Production: -0.104M previous.
•14:00 US EIA Weekly Distillates Stocks: 0.350M, -0.565M previous.
•14:00 US Gasoline Production: -0.239M previous.
•14:00 US Cleveland CPI (MoM) (Jul): 0.3% previous.
Looking Ahead Events and Other Releases(GMT)
• No Events Ahead
EUR/USD : The euro rose on Wednesday as soft U.S. economic data pressured the dollar and reinforced expectations for Federal Reserve rate cuts. Tuesday’s figures showed the U.S. Consumer Price Index increased 0.2% in July after a 0.3% gain in June, bringing the annual rate to 2.7%.Dollar sentiment weakened further after the White House said President Donald Trump was considering legal action against Fed Chair Jerome Powell over his handling of renovations at the central bank’s headquarters. Markets now see about a 90% chance of a September rate cut, with at least one more expected by year-end. Immediate resistance can be seen at 1.1811(23.6%fib ), an upside break can trigger rise towards 1.1783(23.6%fib).On the downside, immediate support is seen at 1.1625 (SMA 20), a break below could take the pair towards 1.1567(38.2%fib ).
GBP/USD: The British pound rose to a three-week high on Wednesday as growing expectations of a U.S. Federal Reserve rate cut boosted global demand for risk assets. U.S. CPI data on Tuesday showed prices rising slightly less than expected in the year to July, indicating that President Donald Trump’s import tariffs have yet to significantly affect consumer prices. The data followed a weaker-than-expected August 1 jobs report, which had raised concerns over stagflation high inflation alongside high unemployment. Investors are now focused on Friday’s high-stakes talks between Trump and Russian President Vladimir Putin, aimed at reaching a peace deal to end the conflict in Ukraine.. Immediate resistance can be seen at 1.3620(38.2%fib), an upside break can trigger rise towards 1.3664(Higher BB).On the downside, immediate support is seen at 1.3460(50%fib), a break below could take the pair towards 1.3396(SMA20).
AUD/USD: The Australian dollar advanced on Wednesday as greenback weakened on softer-than-expected U.S. CPI data. U.S. consumer prices rose only modestly in July, in line with forecasts, with the impact of President Trump’s broad tariffs on goods prices remaining limited so far.Domestically, Australia’s annual wage growth held steady in Q2 after more than a year of declines, supported mainly by public sector gains. The Australian Bureau of Statistics reported that the wage price index rose 0.8% in the quarter, matching market expectations a sign of solid real earnings growth that could help underpin consumer spending.Market focus now turns to Thursday’s data releases, including Australia’s July employment report, U.S. weekly jobless claims, and the U.S. July manufacturing PPI, which are expected to guide near-term currency moves. Immediate resistance can be seen at 0.6611(23.6%fib), an upside break can trigger rise towards 0.6628(Higher BB).On the downside, immediate support is seen at 0.6518(SMA 20), a break below could take the pair towards 0.6482(Lower BB).
USD/JPY: The U.S. dollar fell on Wednesday after softer-than-expected inflation data reinforced expectations for a Federal Reserve rate cut in September. U.S. Labor Department figures showed the consumer price index rose 2.7% year-on-year in July, just below the 2.8% forecast, strengthening market bets on lower borrowing costs next month.Investor attention now turns to upcoming U.S. releases — including the Producer Price Index, weekly jobless claims, and retail sales for further guidance on the economic outlook and policy path.In Japan, July producer price inflation slowed to its weakest pace in 11 months as higher overseas tariffs pressured domestic producers. The PPI rose 2.6% year-on-year, above the 2.5% forecast but down fromJune’s 2.9% increase, government data showed. Immediate resistance can be seen at 148.26(38.2%fib) an upside break can trigger rise towards 150.00(Psychological level) .On the downside, immediate support is seen at 146.12(50%fib) a break below could take the pair towards 145.40(Lower BB).
Equities Recap
European shares rose to a near two-week high on Wednesday, led by gains in technology and defence stocks, as soft U.S. inflation data strengthened expectations of a Federal Reserve rate cut next month.
At GMT (12:52) UK's benchmark FTSE 100 was last trading up at 0.15 percent, Germany's Dax was up by 0.62 percent, France’s CAC was up by 0.57 percent.
Commodities Recap
Oil prices edged lower on Wednesday after the IEA projected supply to surpass demand this year, while investors awaited Friday's meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
Brent crude futures fell 41 cents, or 0.6%, to $65.71 a barrel by 1037 GMT, while U.S. West Texas Intermediate crude futures edged down 50 cents, or 0.8% to $62.67.
Gold gained on Wednesday as mild U.S. inflation data boosted expectations of a Federal Reserve rate cut in September, while a weaker dollar supported demand.
Spot gold gained 0.6% to $3,363.61 per ounce by 1026 GMT. U.S. gold futures for December delivery rose 0.5% to $3,414.10.