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US Federal Appeals court rules that most of Trump's tariffs are illegal
US Federal Appeals court rules that most of Trump's tariffs are illegal
Big decision that's sure to go to the Supreme Court
Politics
investingLive Americas FX news wrap: Core PCE in line, Alibaba develops new AI chips
investingLive Americas FX news wrap: Core PCE in line, Alibaba develops new AI chips
Forex news for North American trading on Aug 29, 2025
Session wrap
Wrap Nth America
Baker Hughes US oil rig count 412 vs 408 expected
Baker Hughes US oil rig count 412 vs 408 expected
Weekly oil and gas drilling data from Baker Hughes
Dallas Fed Trimmed Mean PCE for July +1.9% vs +3.4% prior
Dallas Fed Trimmed Mean PCE for July +1.9% vs +3.4% prior
The trimmed mean inflation rates from the Dallas Fed - 29 August 2025
Judge did not rule on the dismissal of Fed Governor Lisa Cook today
Judge did not rule on the dismissal of Fed Governor Lisa Cook today
The Judge asked both parties to submit subsequent court documents next Tuesday
Gold rises back to the upper bound of a 4-month long range. Will we get a breakout?
Gold rises back to the upper bound of a 4-month long range. Will we get a breakout?
Gold is challeging a key resistance around the 3,450 level but a breakout looks unlikely at this time. What's next?
Next week's ADP report might be the most important of the year
Next week's ADP report might be the most important of the year
People started to revaluate the ADP data after the big revisions in the last NFP report
market overview
University of Michigan consumer sentiment (final) for August 58.2 vs 58.6 prelim
University of Michigan consumer sentiment (final) for August 58.2 vs 58.6 prelim
The final University of Michigan consumer sentiment report for August 2025
Heads up - US Core PCE coming up at the bottom of the hour
Heads up - US Core PCE coming up at the bottom of the hour
The US PCE report for July and the Canadian GDP are the main highlights of the session
market overview
Germany August preliminary CPI +2.2% vs +2.1% y/y expected
Germany August preliminary CPI +2.2% vs +2.1% y/y expected
Latest data released by Destatis - 29 August 2025
investingLive European market wrap: Dollar steady, stocks ease; US PCE, month-end in focus
investingLive European market wrap: Dollar steady, stocks ease; US PCE, month-end in focus
Market news from the European morning session on Aug 29, 2025
Session wrap
Wrap Europe
Italy August preliminary CPI +1.6% vs +1.7% y/y expected
Italy August preliminary CPI +1.6% vs +1.7% y/y expected
Latest data released by Istat - 29 August 2025
Bavaria August CPI +2.1% vs +1.9% y/y prior
Bavaria August CPI +2.1% vs +1.9% y/y prior
Latest data released by Destatis - 29 August 2025
Italy Q2 final GDP -0.1% vs -0.1% q/q prelim
Italy Q2 final GDP -0.1% vs -0.1% q/q prelim
Latest data released by Istat - 29 August 2025
Germany August unemployment change -9k vs 10k expected
Germany August unemployment change -9k vs 10k expected
Latest data released by the Federal Employment Agency - 29 August 2025
China reaffirms that it firmly opposes any official exchanges between US, Taiwan
China reaffirms that it firmly opposes any official exchanges between US, Taiwan
This comes as US senator, Roger Wicker, makes a visit to Taipei to discuss security matters
Politics
France August preliminary CPI +0.9% vs +1.0% y/y expected
France August preliminary CPI +0.9% vs +1.0% y/y expected
Latest data released by INSEE - 29 August 2025
France Q2 final GDP +0.3% vs +0.3% q/q prelim
France Q2 final GDP +0.3% vs +0.3% q/q prelim
Latest data released by INSEE - 29 August 2025
Germany July retail sales -1.5% vs -0.4% m/m expected
Germany July retail sales -1.5% vs -0.4% m/m expected
Latest data released by Destatis - 29 August 2025
Germany July import price index -0.4% vs -0.3% m/m expected
Germany July import price index -0.4% vs -0.3% m/m expected
Latest data released by Destatis - 29 August 2025
Heads up: Germany states' CPI readings due later today
Heads up: Germany states' CPI readings due later today
German states will be releasing their CPI prints for August today
Inflation data in focus in Europe today to wrap up the month
Inflation data in focus in Europe today to wrap up the month
We'll have consumer price inflation numbers from Germany, France, Spain, and Italy all today
market overview
investingLive Asia-Pacific FX news wrap: Tokyo CPI remains well above the BoJ 2% target
investingLive Asia-Pacific FX news wrap: Tokyo CPI remains well above the BoJ 2% target
Financial market news for Asian trading on Friday, August 29, 2025
Session wrap
Wrap Asia
China official manufacturing and non-manufacturing PMIs will be published over the weekend
China official manufacturing and non-manufacturing PMIs will be published over the weekend
China's National Bureau of Statistics is scheduled to release the PMI data on Sunday.
China state planner says household consumption capability, confidence needs to be improved
China state planner says household consumption capability, confidence needs to be improved
The National Development and Reform Commission of the People's Republic of China (NDRC) is the state planner
Tokyo August 2025 headline CPI 2.6% y/y (2.6% expected)
Tokyo August 2025 headline CPI 2.6% y/y (2.6% expected)
Japanese inflation data - Tokyo area CPI indicator
New Zealand August consumer confidence down 2.9% m/m in August (Prior -4.1%)
New Zealand August consumer confidence down 2.9% m/m in August (Prior -4.1%)
ANZ New Zealand August consumer confidence down to 92.0 from 94.7 in July
Iran’s foreign minister hits back at France, Germany and United Kingdom
Iran’s foreign minister hits back at France, Germany and United Kingdom
The FM says the E3 have no legal jurisdiction to trigger automatic re-imposition of sanctions on Iran
Oil
Politics