August 15, 2025
Dollar up as US producer prices surge in July
The U.S. dollar rose across the board as data showed U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead.
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August 14, 2025
Oil hits two-month low as US, IEA supply guidance weighs
Oil prices fell to over two-month lows after bearish supply guidance from the U.S. government and the International Energy Agency, while investors eyed U.S. President Donald Trump’s threat of “severe consequences” if Russia’s Putin blocked peace in Ukraine.
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August 14, 2025
Europeans pile into local ETFs at record rate, at expense of US stocks
European investors have put more money into local stock index-trackers so far in 2025 than in any full-year on record, with demand for defence funds booming, data shows, as President Donald Trump’s erratic trade policy hits their appetite for U.S. shares.
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August 14, 2025
Sterling edges up to highest level since July on rate outlook
The pound rose to three-week highs against the dollar, as investors grew increasingly convinced that U.S. interest rates are likely to fall more quickly than British ones, following a benign reading of U.S. inflation.
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August 13, 2025
Perplexity makes bold bid for Google’s Chrome browser
Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser, a bid far above its own valuation as the startup reaches for the browser’s billions of users pivotal to the AI search race.
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August 13, 2025
The dollar eased against the euro
The dollar eased against the euro after U.S. consumer prices increased moderately in July, leaving intact the case for a Federal Reserve interest-rate cut next month. The consumer price index rose 0.2% last month after gaining 0.3% in June
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