Morning Market Update | 12 August 2025

📈 Asian Stocks Rise
Chinese indices led gains after 🇨🇳 & 🇺🇸 agreed on a 90-day extension to trade talks, delaying higher tariffs and restrictions until 10 November. Beijing also postponed adding U.S. firms to its restriction list, supporting market sentiment. 📊

🇦🇺 & 🇯🇵 indices also moved higher, while Singapore 🇸🇬 and Vietnam 🇻🇳 stocks slipped.

💱 FX Moves Calm Before CPI
The 💵 USD edged slightly lower ahead of today’s CPI data after Monday’s rise.

🏦 Australia Cuts Rates
The RBA reduced its cash rate by 25 bps to 3.60%, citing easing inflation, a softer labour market, and recovering private demand. The cut was expected, keeping AUDUSD steady near 0.6500.

💡 China Stimulus on the Way
Beijing will unveil new subsidised loan programmes tomorrow (13 August) to boost household spending and support services amid weak domestic demand.

📊 Other Highlights:

• 🇦🇺 NAB Business Confidence hit +7, the highest since 2022.
• 🇨🇳 Xi Jinping spoke with 🇧🇷 Lula, likely on agricultural trade.
• 🇸🇬 Q2 GDP beat forecasts at 4.4% y/y, prompting an upgrade to the 2025 growth outlook (1.5–2.5%).
• 🇰🇷 President Lee Jae-myung will meet 🇺🇸 Donald Trump on 25 August to discuss security and economic ties.
• 🏦 BofA warns against a Fed rate cut in September, citing inflation risks and tariff pressures.

🚀 Stay tuned — today’s US CPI could be the next big market driver! 📉📈

📊 Morning Market Update | 12 August 2025 🌏 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.