Powell cautious in testimony to Congress, RBNZ decision dovish

US stocks, Nikkei 225 notch record highs again while FTSE declines

US stocks closed at record highs again, as did the Nikkei 225 index in Tokyo.

European shares dropped on Tuesday, with the FTSE 100 giving up some early gains to finish down 0.7%, a little less than the fall for Europe. Shares this morning are a little firmer, with the FTSE 100 up around a quarter of a percent to 8,172 in early trade. French stocks underperformed in early trade. Real yields came down a bit more to lift gold even as the dollar bounced.

Oil prices skidded lower for a fourth day ahead of EIA inventories later today.

Escolha seus pontos de movimentação

Сalcule seus L/P hipotéticos (custos e encargos agregados) se você tiver aberto uma negociação hoje.

Mercado

Ações Search
Moeda
Índice
Ações
Crypto
ETFs
Obrigações
Matéria-prima

Instrumento

Apple Search
Clear input
Apple
Tesla
Amazon.com
Alphabet (Google)
Deutsche Bank
Bank of America
Cisco Systems
Vodafone
BP
Adidas
Siemens
LVMH
Santander
Anglo American
Occidental
Morgan Stanley
GSX Techedu
Marston's
Alibaba
Macy's
Lemonade
Lululemon
Plug Power
Verizon
Thermo Fisher
Mondelez
General Motors
IAG
Cinemark
PETROCHINA
Royal Bank Canada
F5 Networks
Zoom Video Communications
Air France-KLM
Comcast
UniCredit
The Cheesecake Factory
Barrick Gold
Bayer
Toro
Kuaishou
Gen Digital Inc
Tilray
Xiaomi
SMCI
Adobe
DISNEY
Coinbase Inc
UiPath Inc
T-Mobile
Rio Tinto
Schlumberger
Invesco Mortgage
Hammerson
Volkswagen
Sartorius AG
ROBLOX Corp
ChargePoint Holdings Inc
UPS
Pinterest Inc
Continental
Jumia Technologies
Medtronic
PayPal
Twilio
Freeport McMoRan
UnitedHealth
SIG
Lyft
Boeing Co
Annaly Capital
Teladoc
Li Auto
CrowdStrike Holdings
Deere
Fedex
Naspers
ProSiebenSat.1
Bilibili Inc
Costco
New Oriental
NVIDIA
Iberdrola
Gilead
American Express
Airbus
GoPro
Chevron
HSBC HK
Two Harbors Investment aration
easyJet
Inditex
BlackBerry
Anheuser-Busch Inbev
Deliveroo Holdings
Hubspot
Applied Materials
GameStop
British American Tobacco
Trade Desk
McDonald's
AMC Entertainment Holdings
AIA
Bristol Myers
Novavax
TUI
Fresnillo
Shell plc (LSE)
Nasdaq
Ceconomy
Lithium Americas Corp
Rivian Automotive
Qorvo
MercadoLibre.com
Coca-Cola Co (NYSE)
HDFC Bank
Roku Inc
Arista
Total
JnJ
Dave & Buster's
PG&E
ON Semiconductor
Diageo
XPeng Inc
ASML
Airbus Group SE
Campari
Telecom Italia
Glencore plc
HSBC
ZIM Integrated Shipping Services Ltd
Kraft Heinz
Spotify
Aurora Cannabis Inc
Etsy
Goldman Sachs
Norwegian Air Shuttle
Abbott
Snap
Linde PLC
Blackstone
Cellnex
Tencent
Barclays
Virgin Galactic
JP Morgan
Allianz
RTX Corp
Taiwan Semi
Wal-Mart Stores
Intel
DoorDash
Wayfair
SONY
II-VI
Norwegian Cruise Line
BioNTech
Palantir Technologies Inc
CNOOC
Electrolux
ALIBABA HK
Robinhood
Vonovia
British American Tobacco
SAP
Ford
Cameco
Peloton Interactive Inc.
Toyota
Amgen
AT&T
Infosys
Starbucks
Lloyds
Qualcomm
Canopy Growth
3D Systems
CarMax
LUCID
Eni
AMD
Target
IBM
FirstRand
Lumentum Holdings
Workday Inc
ASOS
Conoco Phillips
Moderna Inc
Trump Media & Technology Group
Fuelcell
MerckCo USA
Salesforce.com
Hermes
BASF
AstraZeneca
Christian Dior
Broadcom
Oracle
Vipshop
CCB (Asia)
Nio
Block
Uber
Accenture
Meta (Formerly Facebook)
Berkshire Hathaway
Wells Fargo
Blackrock
Rolls-Royce
Pfizer
Microsoft
Home Depot
Mastercard
Lufthansa
Marriott
AbbVie
China Life
Baidu
Eli Lilly
DeltaAir
Chipotle
General Electric
eBay
Quanta Services
Netflix
Micron
Visa
Golar LNG
ADT
JD.com
American Airlines
Porsche AG
Palo Alto Networks
Teleperformance
Lockheed Martin
Upstart Holdings Inc
Delivery Hero SE
Airbnb Inc
Nel ASA
Aptiv PLC
PepsiCo
Philip Morris
Exxon Mobil
Procter & Gamble
Beyond Meat
Snowflake
L'Oreal
Sea
Porsche
Nike
Unilever
CAT
Prosus N.V.
Unity Software
Citigroup
Upwork Inc.
Vir Biotechnology

Tipo de Conta

Direção

Quantidade

O valor deve ser igual ou superior a

O valor deve ser inferior a

O valor deve ser um múltiplo do incremento mínimo do lote

USD Down
$-

Valor

$-

Comissão

$-

Spread

-

Alavancagem

-

Taxa de conversão

$-

Margem Exigida

$-

Conversões overnight

$-
Comece a negociar

*O desempenho anterior não é necessariamente indicativo de resultados futuros.

Todas as posições em instrumentos denominados em uma moeda diferente da moeda da sua conta estarão sujeitos à taxa de conversão também na saída da posição.

Fed Chair Powell cautious in testimony to Congress, markets price in September cut

Market attention yesterday was on the Jay Powell testimony to Congress. He said the US economy was no longer overheated and cited the risk of moving too early and too late.

“Elevated inflation is not the only risk we face,” he told lawmakers in Congress. “Reducing policy restraint too late or too little could unduly weaken economic activity and employment."

It was a cautious tone from Powell, but the US dollar did firm up a bit as it caught some bid from a three-week low. Markets are pricing in a pretty good chance of an interest rate cut in September and maybe one more by December. Powell continues today, followed by a 10-year Treasury bond auction.

Labour Party mandate may not be as secure despite landslide win in UK election

Labour unveils £7.3bn “national wealth fund”, Dyson cuts 1,000 UK jobs

The Labour Party continued to unravel its economic policy moves in the opening days of the new government – yesterday it was a £7.3bn national wealth fund designed to spur investment. Not to be cynical, but I've seen this kind of thing before, and I am yet to see much evidence it works. And, dare I say, is that it from Labour?

There is only so much you can do without spending – i.e. borrowing – a lot more. Pressure to spend more will come, though maybe not yet.

Meanwhile, Dyson cut 1,000 UK jobs on the same day. Sterling retreated a bit yesterday after hitting its highest against the dollar in almost a month, but GBPUSD is just about holding onto 1.28.

RBNZ decision more dovish than expected

The RBNZ decision was a bit more dovish than thought. The central bank signaled much more confidence that inflation would return to target, teeing up a potential cut before the end of the year.

It seemed in marked contrast to the May decision, where policymakers had made sure to keep an additional rate hike on the table. The kiwi retreated after the hold.

China inflation data mixed

China CPI and PPI inflation data was mixed. Consumer inflation slowed, whilst producer prices slowed at the slowest rate in 16 months. CPI rose 0.2% vs 0.4% expected, PPI fell 0.8%.

Japanese PPI rose to 2.9%, though the month-on-month figure was a little below forecast at 0.2%. The yen weakened, edging down towards last week’s four-decade low.


Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.

Notícias mais recentes

N/A

Sexta-feira, 15 Agosto 2025

Indices

Fed Rate Cut Uncertainty Looms: Powell Navigates Rising Pressure

N/A

Sexta-feira, 15 Agosto 2025

Indices

Bitcoin and Ethereum Surge to New Highs Amidst Market Optimism

N/A

Sexta-feira, 15 Agosto 2025

Indices

US Treasury Secretary Bessent Defends Fed Rate Cut Comments, Citing Model Suggestion

N/A

Sexta-feira, 15 Agosto 2025

Indices

Fundstrat Bullish on Ethereum: Growth Drivers and Price Predictions