Monday open levels, indicative FX prices, 11 August 2025

Monday open levels, indicative FX prices, 11 August 2025 - As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.

EV sales surge as $7.5k tax credit ends! Tesla benefits, but future incentives uncertain. Traders eye demand shifts.

Recession fears rise as 53% of industries shed jobs; payrolls revised down sharply. Traders eye jobless claims.

Over half of industries shedding jobs! Economists warn of recession, citing monetary & immigration policy shifts. Traders eye portfolio risks.

EV batteries get new life in energy storage, a $204B market by 2033. Reusing critical minerals avoids tariffs & geopolitical risks.

Fed's Bowman backs 3 rate cuts in 2025, citing jobs data. Traders eye September cut possibility.

Fed leadership uncertainty looms as Powell faces pressure. CPI & PPI data due. Retail sales to gauge spending.