{"id":86950,"date":"2025-08-08T06:26:56","date_gmt":"2025-08-08T06:26:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=86950"},"modified":"2025-08-08T06:26:56","modified_gmt":"2025-08-08T06:26:56","slug":"morning-market-update-8-august-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=86950","title":{"rendered":"Morning Market Update | 8 August 2025"},"content":{"rendered":"<p>\ud83c\udf0f <strong>Asia-Pacific markets<\/strong><br \/> Trading is muted at week\u2019s end:<br \/> \ud83c\udde8\ud83c\uddf3 China: -0.30% to -0.45%<br \/> \ud83c\udde6\ud83c\uddfa Australia: +0.15%<br \/> \ud83c\uddf8\ud83c\uddec Singapore (SG20cash): -0.15%<br \/> \ud83c\uddef\ud83c\uddf5 Japan\u2019s JP225 leads with +1.60% after a major <strong>US-Japan trade deal\u00a0update<\/strong>.<\/p>\n<p>\ud83e\udd1d <strong>Trade breakthrough<\/strong><br \/> Japan secured a US pledge to amend a tariff order, refund overpaid duties, and cap affected goods at 15%. US auto tariffs will also drop from 27.5% to 15%. \ud83c\uddef\ud83c\uddf5 officials admitted earlier discrepancies but stressed there\u2019s no dispute over reciprocal tariffs.<br \/> \ud83d\udcb1 USDJPY jumped above\u00a0<strong>147.350<\/strong>.<\/p>\n<p>\ud83c\udfe6 <strong>Bank of Japan insights<\/strong><br \/> July\u2019s Summary of Opinions shows <strong>division<\/strong> over rate hikes\u200a\u2014\u200asome urge action to avoid sharper tightening later, others prefer patience amid uncertainty. Inflation, trade, and geopolitics remain in focus. Yen continues to weaken\u00a0\ud83d\udcc9.<\/p>\n<p>\ud83c\udfc5 <strong>Gold market shake-up<\/strong><br \/> \ud83c\uddfa\ud83c\uddf8 US imposes 15% tariffs on large gold bars (1 kg &amp; 100 oz) used for COMEX delivery.<br \/> This may:<br \/> \ud83d\udd39 Disrupt London\u2013New York bullion flows<br \/> \ud83d\udd39 Force short positions to close or roll over<br \/> \ud83d\udd39 Tighten funding for bullion banks<br \/> \ud83d\udd39 Boost COMEX\u2019s role in gold price discovery<br \/> \ud83d\udd39 Reduce Switzerland\u2019s refining dominance<\/p>\n<p>\ud83d\udcb5 <strong>Fed outlook<\/strong><br \/> JP Morgan now sees <strong>faster rate cuts<\/strong> starting September, citing a weakening labour market. Fed funds futures price in <strong>59 bps<\/strong> of cuts by year-end\u00a0\ud83d\udcc9.<\/p>\n<p>\ud83d\udca1 <em>Stay tuned with NordFX\u200a\u2014\u200amarket volatility could be just getting started.<\/em>\u00a0\ud83d\ude80<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/morning-market-update-8-august-2025-402aedb90c57\">\ud83d\udcca Morning Market Update | 8 August 2025<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83c\udf0f Asia-Pacific markets Trading is muted at week\u2019s end: \ud83c\udde8\ud83c\uddf3 China: -0.30% to -0.45% \ud83c\udde6\ud83c\uddfa Australia: +0.15% \ud83c\uddf8\ud83c\uddec Singapore (SG20cash): -0.15% \ud83c\uddef\ud83c\uddf5 Japan\u2019s JP225 leads with +1.60% after a major US-Japan trade deal\u00a0update. \ud83e\udd1d Trade breakthrough Japan secured a US pledge to amend a tariff order, refund overpaid duties, and cap affected goods at 15%. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-86950","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86950"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86950"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86950\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}