Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)
The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.6% on Tuesday, its third cut this year, with Governor Michele Bullock signaling further easing may be needed. China’s factory-gate prices fell 3.6% year on year in July while consumer prices were flat, underscoring deflationary pressures. U.S. markets were about 90% priced for a Federal Reserve rate cut in September, with expectations of at least two quarter-point reductions by year end and core inflation near 3%. The U.S. extended a tariff truce with China by 90 days, and Japan’s Nikkei 225 rose 2.2% to 42,718 as
