Monthly Archives: August 2025
Chart the Market (28/08/2025)
Written on August 28, 2025 at 6:43 am, by
COFFEE, D1: Coffee futures have staged a powerful recovery, rallying decisively from a steep selloff that saw prices decline more than 30% from their April peak near the $4.41 per pound level. The commodity found strong support around the $2.80 mark, where it formed a double-bottom reversal pattern—also interpreted as a “W” pattern—signaling a robustContinue Reading
Hang Seng Tumbles as Trade War Fears and Tech Weakness Weigh on Sentiment
Written on August 28, 2025 at 6:42 am, by
Key Takeaways: *President Trump’s threat of a 200% tariff on Chinese goods reignited concerns of a renewed trade war, weighing heavily on Hong Kong-listed firms. *Profit-taking and uncertainty ahead of Friday’s U.S. PCE data kept investors on edge, with markets eyeing its impact on the Fed’s upcoming rate decision. *Meituan’s sharp Q2 earnings drop andContinue Reading
Dollar Pulls Back as Markets Await PCE Data
Written on August 28, 2025 at 6:41 am, by
Key Takeaways: *The dollar eased from its bullish run, holding near the $99.00 liquidity zone, with downside bias persisting below the recent $98.80 high. *Dovish signals from Powell’s Jackson Hole remarks have strengthened expectations of rate cuts at the September 17 meeting, keeping traders cautious ahead of Friday’s PCE inflation data. *Resilient U.S. PPI andContinue Reading
