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When is China’s Caixin Services PMI, and how could it affect AUD/USD?


When is China’s Caixin Services PMI, and how could it affect AUD/USD?

China’s Caixin Services Purchasing Managers Indexfor August is slated to be released at 01:45 GMT. China’s currency exchange rate is controlled against theUS Dollar, but notable economic changes within China’s economy can have significant impacts on Australia as well, with the Australian Dollar frequently serving as a proxy for investor sentiment in China.











Gold hits fresh all-time peak; eyes $3,550 level


Gold hits fresh all-time peak; eyes $3,550 level

Gold advances to a fresh record high during the Asian session on Wednesday, as bets that the Fed will cut rates this month, along with uncertainty over US tariffs and geopolitical risks, continue to benefit the bullion. However, some follow-through US Dollar uptick might cap further gains for the commodity amid extremely overbought conditions on short-term charts.










Australia GDP expected to show soft growth in Q2


Australia GDP expected to show soft growth in Q2

Australia will release its second-quarter Gross Domestic Product on Wednesday, with financial markets anticipating growth ahead of the announcement. The Australian Bureau of Statistics is expected to report that the economy made modest progress in the three months to June 2025.











All eyes on NFP report as Fed rate cut bets intensify


All eyes on NFP report as Fed rate cut bets intensify

Will August jobs report shock again? It’s almost one month ago that the July payrolls numbers generated not just considerable volatility in the markets but also a lot of controversy, as it offended President Trump’s record on the economy.











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