Economic news

The US dollar faces increased downside pressure as markets anticipate rate cuts and the yield curve steepens

Traders look ahead to the US labour market data on Friday to determine the pace of rate cuts from the Federal Reserve

Forecasters expect a lift in the Fed's preferred inflation gauge

Global equities cheer on Powell's dovish speech at Jackson Hole as focus shifts to the US PCE data to confirm rate cuts can go ahead

The US dollar recovers some momentum after market pricing shows less likelihood of a Fed cut in September, Powell's speech in focus for more clues

US stocks hit a record high as the markets price-in steep Fed rate cuts

Wall Street tumbles after the negative data and higher than expected tariffs.

The US labour market is expected to have cooled in July as a stronger-than-expected Q2 GDP print surprised markets

The markets expect a soft official inflation read and another RBA rate cut

The Bank of Japan is expected to keep policy unchanged but may deliver hawkish guidance