Morning Economic Report 8-13-25

The US CPI reading was not deemed accelerated enough to delay a FED cut in September and US bourses led a charge which spilled into APAC and Europe. FedWatch pricing for a 25bps cut is now 95%. The Nikkei leaps once again as Reuters Tankan manufacturing sentiment index rose to +9 from a +7 reading in July after tariff deal with US eases uncertainty. DAX +0.76%, CAC +0.45%, FTSE -0.14%, Euro STOXX600 +0.42%. USD remains fragile after initial selling on CPI market view that it was not fast enough to stop a FED September cut, DXY 97.66. Gold $3365. BTC $120,287