United States API Weekly Crude Oil Stock increased to 0.622M in August 29 from previous -0.974M

Sep 3, 2025

Gold extends rally above $3,550 as weak US JOLTS data lifts Fed cut bets

Gold price extended its gains on Wednesday and is up more than 1%, poised to register record highs during the day, after clearing the mid-point of the $3,500-$3,600 range as economic data from the United States showed the labor market is weakening.

EUR/USD rebounds to 1.1660 as weak US data fuels Fed cut bets

The EUR/USD trims some of Tuesday’s losses though it remains shy of claiming the 1.1700 figure, despite broad US Dollar weakness across the board. Economic data in the US strengthened the chances that the Federal Reserve could resume its easing cycle at the September meeting.