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cuong.nguyen

Wednesday 6 August 2025

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Morning Economic Report 8-6-25

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Bourses across the globe are positive in the main even after the ISM non-manufacturing miss and warnings within on growth and employment. Strength also surprising after Trump threatens EU on tariffs if it does not invest in US and once again sights India over Russian oil. India's RBI keeps rates unchanged but points to growth issues around US tariffs. Tech stocks remain steady even after results sent AMD shares down by over 5%. EU Retail Sales -0.3% MoM, +3.1% YoY. DAX +0.09%, CAC +0.31%, FTSE -0.19%, Euro STOXX600 +0.15%. Forex lacked direction with Trump spouting tariffs and speculation on FED replacement. DXY 98.73. Gold 3361. BTC $114,108.

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