Giuseppe Dellamotta
US Bessent: Trump came up with the Nvidia agreement, it is a unique solution
- Comments from the US Treasury Secretary, Scott Bessent
US MBA mortgage applications w.e. 8 August +10.9% vs +3.1% prior
- Latest data from the Mortgage Bankers Association for the week ending 8 August 2025
S&P 500 Technical Analysis – The market is all-in on a September cut
- The S&P 500 extended the gains into a new all-time high as the US CPI report wasn’t strong enough to force a reassessment. What’s next?
How have interest rates expectations changed after the US CPI?
- Traders firmed up expectations for a September Fed cut as the data wasn't strong enough to force a reassessment
USDJPY Technical Analysis – The US CPI wasn’t enough to deter a September cut
- The USDJPY pair continues to consolidate around a resistance zone as the US CPI came in line with expectations and wasn’t strong enough to force a rethink. What’s next?
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