Australia August services PMI 55.8 (composite 55.5)

S&P Global PMIs from Australia for August 2025 August services PMI 55.8, fastest increase in more than 3 years prior 54.1 Composite 55.5 prior 53.8 Comments from S&P, in brief: Services sector growth: Accelerated in mid-Q3 2025. Domestic demand: Stayed strong in August. External demand: Showed a clear recovery. Future outlook: The Future Activity Index pointed to stronger near-term…

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EUR/GBP surges towards 0.8700 as Sterling slumps on soaring UK bond yields

EUR/GBP gains sharply to near 0.8685 as Pound Sterling underperforms amid growing UK fiscal concerns. UK long-dated gilt yields surge after PM Starmer announced cabinet ministry reshuffle. ECB’s Schnabel doesn’t see any reason for further interest rate cuts. The EUR/GBP pair advances to near 0.8685 during the European trading session on Tuesday. The pair strengthens as the Pound Sterling…

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Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (September 2, 2025)

2025.09.02 2025.09.02 Short-Term Analysis for Oil, Gold, and EURUSD for 02.09.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold has reached its upper Target Zone…

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Economic calendar in Asia 03 Sept ’25: Reserve Bank of Australia Governor Bullock speaking

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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 USD/JPY accelerates its recovery tests monthly highs at 147.80

The US Dollar appreciates on higher US yields, to test one-month highs, at 147.80. Investors pare back US Dollar shorts ahead of key US macroeconomic releases. Recent Japanese data has put an immediate BoJ rate hike into question. The US Dollar is going through a strong comeback on Tuesday. The pair appreciates nearly 1% so far today, and has…

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What if I Invest $100 in Ethereum Today, What Might Happen?

2025.09.02 2025.09.02 What if I Invest $100 in Ethereum Today? Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The Ethereum network is the leading platform for developing decentralized applications (dApps). It ranks first in terms of total value locked (TVL), surpassing TRON and Solana ecosystems. Ethereum is traditionally second only to Bitcoin in terms of market capitalization. Despite the ecosystem’s widespread adoption and development, high…

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Oil prices turn higher after being bounced around

The focus in commodity markets today is undoubtedly on previous metals but oil is trading at the best levels since August 6. WTI crude is up $1.65 to $65.66 in volatile trading that saw a $1 selloff and recovery in US trade. Time spreads are widening today and that’s helping the supply/demand picture. In geopolitics, the US is leaning…

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USD gains on haven demand – Scotiabank

Welcome to September. A traditionally tough month for stocks and, more recently bonds, is starting off in rather typical fashion, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD firmer amid stock and bond market losses “A sell-off in global bonds, driven by concerns about weak fiscal positions in the UK and France, has been accompanied by…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.09.2025

2025.09.02 2025.09.02 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.09.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The completion of impulse 1 will likely be followed by a correction 2 targeting 115,940.00. Consider long positions. XRPUSD: An…

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Event Guide: Australia’s GDP Report (Q2 2025)

With the Australian dollar banking on stronger fundamentals these days, can the upcoming GDP release reinforce less dovish expectations for the RBA? Expectations are for a faster pace of growth during the second quarter of the year, possibly dampening hopes of additional rate cuts in the next policy meetings. Here’s what to look out for in…

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