The Bank of Canada today maintainedreduced its target for the overnight rate atby 25 basis points to 2.755%, with the Bank Rate at 32.75% and the deposit rate at 2.7045%.While some elements of US trade policy have started to become more concrete in recent weeks, trade negotiations are fluid, threats of new sectoral tariffs continue, and US trade actions remain unpredictable. Against this backdrop, the July Monetary Policy Report (MPR) does not present conventional base case projections for GDP growth and inflation in Canada and globally. Instead, it presents a current tariff scenario based on tariffs in place or agreed as of July 27, and two alternative scenarios—one with an escalation and another with a de-escalation of tariffs.While US tariffs have created volatility in global trade, the global economy has been reasonablyAfter remaining resilient. to sharply higher US tariffs and ongoing uncertainty, global economic growth is showing signs of slowing. In the United States, the pace of growth moderated in the first half of 2025,business investment has been strong but the labour market consumers are cautious and employment gains have slowed. US inflation has remained solid. US CPI inflation tickedpicked up in June with some evidence that tariffs are startingrecent months as businesses appear to be passed onpassing on some tariff costs to consumer prices. The Growth in the euro area economy grew modestlyhas moderated as US tariffs affect trade. China’s economy held up in the first half of the year. In China, the decline in exports to the United States has been largely offset by an increase in exports to the rest of the world. but growth appears to be softening as investment weakens. Global oil prices are close to their levels in April despite some volatility. Globalassumed in the July Monetary Policy Report (MPR). Financial conditions have eased further, with higher equity markets have risen, and corporate credit spreads have narrowed. Longer-term governmentprices and lower bond yields have moved up.. Canada’s exchange rate has appreciated against a broadly weaker been stable relative to the US dollar.The current tariff scenario has global growth slowing modestly to around 2½% by the end of 2025 before returning to around 3% over 2026 and 2027.In Canada, US tariffs are disrupting trade but overall, the economy is showing some resilience so far. After robust growth in the first quarter of 2025 due to a pull-forward in exports to get ahead of tariffs, GDP likely Canada’s GDP declined by about 1.5½% in the second quarter, as expected, with tariffs and trade uncertainty weighing heavily on economic activity. Exports fell by 27% in the second quarter. This contraction is mostly due to , a sharp reversal in exports following the pull-forward, as well as lower US demand for Canadian goods duefrom first-quarter gains when companies were rushing orders to get ahead of tariffs. Growth in businessBusiness investment also declined in the second quarter. Consumption and housing activity both grew at a healthy pace. In the months ahead, slow population growth and the weakness in the labour market will likely weigh on household spending is being restrained by uncertainty. Labour market conditions.Employment has declined in the past two months since the Bank’s July MPR was published. Job losses have weakened in largely been concentrated in trade-sensitive sectors affected by trade, but, while employment has held upgrowth in other partsthe rest of the economy has slowed, reflecting weak hiring intentions. The unemployment rate has moved up gradually since the beginning of the year to 6.9March, hitting 7.1% in JuneAugust, and wage growth has continued to ease. A number of economic indicators suggest excess supply in the economy has increased since January.In the current tariff scenario, after contracting in the second quarter, GDP growth picks up to about 1% in the second half of this year as exports stabilize and household spending increases gradually. In this scenario, economic slack persists in 2026 and diminishes as growth picks up to close to 2% in 2027. In the de-escalation scenario, economic growth rebounds faster, while in the escalation scenario, the economy contracts through the rest of this year.CPI inflation was 1.9% in June, up slightly from the previous month.August, the same as at the time of the July MPR. Excluding taxes, inflation rose to 2.5% in June, up from around 2% in the second half of last year. This largely reflects an increase in non-energy goods prices. High shelter price inflation remains the main contributor to overall inflation, but it continues to ease. Based on awas 2.4%. Preferred measures of core inflation have been around 3% in recent months, but on a monthly basis the upward momentum seen earlier this year has dissipated. A broader range of indicators, including alternative measures of core inflation and the distribution of price changes across CPI components, continue to suggest underlying inflation is assessed to berunning around 2½%.In the current tariff scenario, total inflation stays close to 2% over the scenario horizon as the upward and downward pressures on inflation roughly offset. There are risks around this inflation scenario. As the alternative scenarios illustrate, lower The federal government’s recent decision to remove most retaliatory tariffs would reduce the directon imported goods from the US will mean less upward pressure on inflation and higher tariffs would increase it. In addition, many businesses are reporting costs related to sourcing new suppliers and developing new markets. These costs could add upward pressure to consumerthe prices of these goods going forward.With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying a weaker economy and less upside risk to inflation, Governing Council decided to hold the policy interest rate unchanged. We will continue to assess the timing and strength of both the downward pressures on inflation from a weaker economy and the upward pressures on inflation from higher costs related to tariffs and the reconfiguration of trade. If a weakening economy puts further downward pressure on inflation and the upward price pressures from the trade disruptions are contained, there may be a need for judged that a reduction in the policy interest rate.rate was appropriate to better balance the risks. Looking ahead, the disruptive effects of shifts in trade will continue to add costs even as they weigh on economic activity. Governing Council is proceeding carefully, with particular attention to the risks and uncertainties facing. Governing Council will be assessing how exports evolve in the Canadian economy. These include: the extent to which higherface of US tariffs reduce demand for Canadian exportsand changing trade relationships; how much this spills over into business investment, employment, and household spending; how much and how quicklythe cost increases from tariffs and effects of trade disruptions and reconfigured supply chains are passed on to consumer prices; and how inflation expectations evolve. We areThe Bank is focused on ensuring that Canadians continue to have confidence in price stability through this period of global upheaval. We will support economic growth while ensuring inflation remains well controlled.A summary of the old and the new:Policy DecisionOld: The Bank of Canada “maintained its target” rate.New: The Bank of Canada reduced the overnight rate by 25 basis points to 2.75% (Bank Rate 3.0%, Deposit Rate 2.5%).Global BackdropOld: Global economy described as reasonably resilient despite tariffs.New: Global economy is now showing signs of slowing under “sharply higher US tariffs and ongoing uncertainty.”Old: US growth described as strong with solid labor market.New: US growth has moderated, with slower job gains and more cautious consumers.Inflation: Old text said US CPI ticked up in June; new text says inflation has picked up in recent months as tariffs are being passed on to consumers.Euro area: Changed from “grew modestly” to “growth has moderated.”China: Old text stressed resilience; new text highlights softening growth and weaker investment.Financial markets: Old text: higher equity markets, tighter credit spreads, lower yields. New: financial conditions have eased further with the same outcomes.Canadian dollar: Old text said CAD “appreciated against a weaker USD”; new says CAD stable vs. USD.Canadian EconomyOld: Q1 robust growth, Q2 GDP expected decline of 1.5%.New: Confirms Q2 GDP contracted by 1.5% with exports falling 27%, driven by reversal of Q1 pull-forward and weaker US demand.Business investment: Old text said growth slowed; new says business investment declined.Consumption/housing: Old said both grew at a healthy pace; new notes household spending restrained by weak labor market and uncertainty.Employment: Old said job losses concentrated in trade sectors while other areas held up.New: Employment has declined in past two months more broadly, unemployment at 7.1% in August (vs. 6.9% earlier). Wage growth easing.Slack: New explicitly says excess supply in the economy has increased.Outlook & ScenariosOld: GDP expected to “pick up to 1% in H2 2025.”New: Same baseline, but emphasizes slack persists through 2026 and closes only by 2027.Alternative scenarios: Unchanged (faster rebound with de-escalation, contraction with escalation).InflationOld: CPI was 1.9% in June, with core ~3%.New: CPI was 1.9% in August, core measures around 2.5–3% but upward momentum has dissipated.Shelter costs: Both note high but easing.Risks: Old stressed tariff scenarios; new adds that removal of retaliatory tariffs lowers inflation pressures, but new supplier costs could push consumer prices higher.Governing Council DecisionOld: With uncertainty, resilience, and inflation pressures, Council decided to hold rates.New: With weaker economy and reduced inflation risks, Council judged that a rate cut was appropriate to better balance risks.Forward-looking: Both stress ongoing monitoring of trade impacts, business investment, employment, and inflation expectations.✅ In short: The biggest change is the policy shift from holding rates steady to cutting 25bps. The tone on the global economy, US outlook, Canadian GDP, and labor market is more negative, and the inflation assessment is softer with more emphasis on easing pressures. This article was written by Greg Michalowski at investinglive.com.

The full statement from the Bank of Canada September rate decision:The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.After remaining resilient to sharply higher US tariffs and ongoing uncertainty, global economic growth is showing signs of slowing. In the United States, business investment has been strong but consumers are cautious and employment gains have slowed. US inflation has picked up in recent months as businesses appear to be passing on some tariff costs to consumer prices. Growth in the euro area has moderated as US tariffs affect trade. China’s economy held up in the first half of the year but growth appears to be softening as investment weakens. Global oil prices are close to their levels assumed in the July Monetary Policy Report (MPR). Financial conditions have eased further, with higher equity prices and lower bond yields. Canada’s exchange rate has been stable relative to the US dollar.Canada’s GDP declined by about 1½% in the second quarter, as expected, with tariffs and trade uncertainty weighing heavily on economic activity. Exports fell by 27% in the second quarter, a sharp reversal from first-quarter gains when companies were rushing orders to get ahead of tariffs. Business investment also declined in the second quarter. Consumption and housing activity both grew at a healthy pace. In the months ahead, slow population growth and the weakness in the labour market will likely weigh on household spending.Employment has declined in the past two months since the Bank’s July MPR was published. Job losses have largely been concentrated in trade-sensitive sectors, while employment growth in the rest of the economy has slowed, reflecting weak hiring intentions. The unemployment rate has moved up since March, hitting 7.1% in August, and wage growth has continued to ease.CPI inflation was 1.9% in August, the same as at the time of the July MPR. Excluding taxes, inflation was 2.4%. Preferred measures of core inflation have been around 3% in recent months, but on a monthly basis the upward momentum seen earlier this year has dissipated. A broader range of indicators, including alternative measures of core inflation and the distribution of price changes across CPI components, continue to suggest underlying inflation is running around 2½%. The federal government’s recent decision to remove most retaliatory tariffs on imported goods from the US will mean less upward pressure on the prices of these goods going forward.With a weaker economy and less upside risk to inflation, Governing Council judged that a reduction in the policy rate was appropriate to better balance the risks. Looking ahead, the disruptive effects of shifts in trade will continue to add costs even as they weigh on economic activity. Governing Council is proceeding carefully, with particular attention to the risks and uncertainties. Governing Council will be assessing how exports evolve in the face of US tariffs and changing trade relationships; how much this spills over into business investment, employment, and household spending; how the cost effects of trade disruptions and reconfigured supply chains are passed on to consumer prices; and how inflation expectations evolve. The Bank is focused on ensuring that Canadians continue to have confidence in price stability through this period of global upheaval. We will support economic growth while ensuring inflation remains well controlled. This article was written by Greg Michalowski at investinglive.com.

Prior was 2.75%Virtually all economists surveyed expected the Bank of Canada to lower rates by a quarter pointThe previous cut was in MarchThe rate-cutting cycle started last JuneHighlights of the statement:Global economic growth is showing signs of slowingPreferred measures of core inflation have been around 3% in recent months, but on a monthly basis the upward momentum seen earlier this year has dissipatedUnderlying inflation is running around 2½%The federal government’s recent decision to remove most retaliatory tariffs on imported goods from the US will mean less upward pressure on the prices of these goods going forwardGoverning Council is proceeding carefully, with particular attention to the risks and uncertaintiesLooking ahead, the disruptive effects of shifts in trade will continue to add costs even as they weigh on economic activity. We will support economic growth while ensuring inflation remains well controlledKey line:Governing Council will be assessing how exports evolve in the face of US tariffs and changing trade relationships; how much this spills over into business investment, employment, and household spending; how the cost effects of trade disruptions and reconfigured supply chains are passed on to consumer prices; and how inflation expectations evolve. The Bank of Canada last held rates steady at 2.75% in late July. The market was 95% priced for a rate cut and 52% priced for a further cut at the October meeting. Further out the curve, the market was pricing in 58 bps in easing by June, including the 25 bps today.USD/CAD was trading at 1.3761 ahead of the decision, up 23 pips on the day. The initial movement on the decision has been choppy but settled at pre-decision levels which isn't a big surprise given Fed risks later. Bank of Canada Governor Tiff Macklem will hold a press conference at 1030 am ET. This article was written by Adam Button at investinglive.com.

Shares of ride-hailing service Lyft are the big winners in the pre-market today. They're currently up 13% in volatile trading.The gain comes after Waymo said it plans to launch its self-driving taxi service next year in Nashville and it will partner with Lyft for the first time. Waymo appears to be testing different strategies as some cities use only Waymo's app while in other cities (Atlanta and Austin) it's partnered with Uber.Lyft shares rose more than 20% but have given some back and is trading up 13% shortly after the open.The market is infatuated with the robotaxi idea, putting huge multiples on the names in the space, including Tesla. The economics of the service are unproven and problems with security and cleaning are unsolved at scale. Lyft “will provide end-to-end fleet management services including vehicle readiness and maintenance, infrastructure, and depot operations in Nashville,” for the Waymo fleet, the companies said.Waymo is owned by Google, whose shares this week hit a record $250/share as they fight back for market share with ChatGPT after an impressive image app being paired with Gemini named Nano Banana. Uber remains the ride-hailing leader with a market cap 25 times larger than Lyft. This article was written by Adam Button at investinglive.com.

The gold bulls didn't wait long to buy the Fed dip.It's understandable that there would be some profit-taking in gold ahead of the FOMC given the big run-up since the start of the month but it didn't last. Gold has trimmed a $38 decline to just $12 a few hours before the Fed decision.The strong buying in the last hour is indicative of a market that wants to buy regardless of what Powell says today. The thinking is that even if the Fed isn't dovish now, it will be later and perhaps moreso. President Trump wants lower rates and he's willing to go far beyond the usual norms to get them.In addition, the ongoing breakdown in the global 21st century order is continuing. The Ukraine war is dividing the world into east and west while the US trade war is undoing globalization. That exposes a multitude of fresh risks and all of them are gold-positive. This article was written by Adam Button at investinglive.com.

Prior +2.0%Core CPI +2.3% vs +2.3% y/y prelimPrior +2.4%The headline estimate is revised lower but there's no change to the core reading. So, carry on as you will. This article was written by Justin Low at investinglive.com.

The Financial Times reports that China's internet regulator has told the country's biggest tech companies to stop buying all of Nvidia's AI chips and terminate their existing orders. This is seen as an effort to boost Chinese semiconductor industry and compete with the US.The article notes that "this ban is stronger than earlier guidance from regulators that focused on the H20 chips. Beijing is putting pressure on Chinese tech companies to break their reliance on Nvidia".Full report here This article was written by Giuseppe Dellamotta at investinglive.com.

Even with the drop so far today, gold is up roughly 0.6% on the week and is keeping over 6% gains this month. Not bad for what is supposed to be a soft seasonal month for the precious metal, eh?For today though, gold is back down to $3,665 currently after briefly clipping the $3,700 mark in overnight trading. This is mostly profit-taking as traders are gearing up towards the Fed decision later in the day.The chart still points to gold keeping a more bullish momentum in the bigger picture. That especially after the break of $3,500 earlier this month.As we look to the Fed later, there is scope for a modest pullback and shift in near-term momentum if the dollar manages to bounce back. The 100 and 200-hour moving averages for gold are at $3,658 and $3,636 respectively. So, a break below those levels will see sellers gather back some near-term momentum at least.However, all of that is still likely to be temporary and short-lived. So long as US data continues to soften and the Fed stays on track to cut rates further, gold will continue to build on that tailwind alongside the many other factors driving the bullish momentum.I'd be remiss not to point out that there is scope for a sharp and violent pullback in gold prices amid the incessant rally all through this year. But in the bigger picture, I will continue to advocate for dip buying in gold on any major pullbacks/corrections. This article was written by Justin Low at investinglive.com.

The preliminary data suggests that we should see lower and more stable wage growth in the first half of 2026. Negotiated wage growth was 4.1% in 2024 and is estimated to be 3.8% in 2025 now, once excluding one-off payments. Looking to 2026, the wage tracker finds that negotiated wage growth will fall further to 2.5% in 2026 (excluding one-off payments).For some added context, it is estimating the first half of this year to be 4.3% and 3.3% in the second half of the year. So, the overall trend looks to be continuing to point to slower and moderating wage pressures.That will be a welcome development for the ECB, offering them some added flexibility in managing monetary policy now. That especially if they are still worried about consumer prices in general.The full data can be found here. This article was written by Justin Low at investinglive.com.

Negotiated wage growth with smoothed one-off payments of 4.6% in 2024, and 3.2% in 2025.For the first half of 2026, the headline ECB wage tracker stands at 1.7% (down from 2.1% in the second half of 2025 and 4.3% in the first half of 2025).Stable wage growth is a good thing for the ECB as it helps with keeping inflation stable around their target in absence of shocks.Full report here This article was written by Giuseppe Dellamotta at investinglive.com.

The full speech can be found here. This article was written by Justin Low at investinglive.com.

Even if out central scenario is materialising, that doesn't mean the uncertainty elements have been erased.Disinflation has been a success.The situation was complex two or three years ago. The current interest rate at 2% seem reasonable to us.Risks to inflation are balanced and slightly negative for growth.Escriva spoke yesterday at an event and the video got released later. He's not saying anything new here and just reaffirming the central bank's neutral stance. The readiness to move in either direction (cuts or hikes) is becoming the consensus among ECB's officials, but in absence of shocks, they won't react to slight deviation in their 2% target. This article was written by Giuseppe Dellamotta at investinglive.com.

- Club joins forces with global cryptocurrency exchange -- Collaboration will accelerate international growth and deliver new digital opportunities for fans - Newcastle United has signed a multi-year partnership with global cryptocurrency exchange BYDFi, marking an important step in the club’s continued international expansion.As the club’s Official Cryptocurrency Exchange Partner, BYDFi will work closely with Newcastle United to connect with the Magpies’ rapidly growing global fanbase, while showcasing its innovative financial solutions to new audiences worldwide.The partnership will strengthen the club’s presence in key international markets, while giving supporters access to digital finance tools, expertise, and new experiences through BYDFi’s cutting-edge platform.Commenting on the new partnership, Newcastle United’s Chief Commercial Officer, Peter Silverstone, said: “We’re excited to welcome BYDFi to the Newcastle United family. They’re an ambitious, forward-thinking brand whose mission to help people build their financial futures really resonates with us.“Our club has seen incredible growth in recent years - since the 21/22 season our broadcast audience has ranked second among Europe’s top clubs, and in the Asia-Pacific region we now attract the fifth-highest Premier League TV audience. Add to that being the fastest-growing club on Premier League social media last season, and it’s clear our fanbase is expanding at a remarkable pace.“This partnership gives BYDFi a fantastic platform to connect with our supporters around the world, and together we’ll be creating new digital experiences to bring fans even closer to the club.”Michael Hung, Co-founder and CEO of BYDFi, added: “Lasting success, on the pitch or in finance, comes from doing the right things, repeatedly, over time. We’re honoured to partner with Newcastle United and to support a mindset where belief meets steady practice. That’s what ‘BUIDL Your Dream Finance’ means to us; BUIDL is our term for taking actions which turn ideas into reality.“Partnering with one of Europe’s biggest clubs shows our ambition to continue our growth and reach new audiences. We are delighted to be working with Newcastle United and to reach their growing global fanbase.”BYDFi, founded in 2020, now serves over 1,000,000 users across 190+ countries and regions. It offers a suite of crypto trading services for both beginners and seasoned investors, with a strong emphasis on compliance, education, and community-building. For more information, please visit www.bydfi.com This article was written by IL Contributors at investinglive.com.

Lagarde is scheduled to speak at 0730 GMT for about 15 minutes in delivering the welcome address for the 10th ECB annual research conference. The event centers around discussing topics such as "how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility".There will also be a key theme on discussing "the next financial crisis". But given the overall backdrop, I wouldn't expect much notable policy remarks by Lagarde in her speech later. This article was written by Justin Low at investinglive.com.

Eurostoxx +0.3%Germany DAX +0.4%France CAC 40 +0.2%UK FTSE +0.1%Spain IBEX +0.2%Italy FTSE MIB -0.1%After the heavier declines in the day before, the light bounce at the open here isn't too significant. Wall Street was also met with selling pressures towards the end, closing just a little lower. A more cautious approach seems to be holding ahead of the Fed later today. US futures are currently flat, not really doing much as well. And this tentative mood is likely to persist in the hours ahead as well. This article was written by Justin Low at investinglive.com.

In the European session, the main highlight was the UK CPI report. The data came mostly in line with expectations, so it didn't change anything in terms of market pricing. Looking ahead, we have just the final Eurozone CPI reading which is not going to be a market-moving release unless we get notable revisions.In the American session, the focus will turn to the BoC and FOMC policy decisions. The BoC is expected to cut interest rates by 25 bps and bring the policy rate to 2.50%. Expectations for a rate cut at this meeting got sealed by the last Canadian jobs report which showed job losses and the unemployment rate jumping to 7.1% from 6.9% prior. The market is pricing another 25 bps cut in December. The Fed is expected to cut interest rates by 25 bps and bring the FFR to 4.00-4.25%. There will likely be two or three governors voting for a 50 bps cut (Miran, Waller and Bowman). At this meeting the Fed will release the SEP (Summary of Economic Projections) and the focus will be on the dot plot.In June, the Fed projected two rate cuts in 2025 and one in 2026, therefore a total of 75 bps of easing by the end of 2026. The market is currently pricing 148 bps of easing by the end of 2026, with three cuts in 2025 and three more in 2026. This is where we could get a "hawkish" surprise as the Fed might signal just one or two cuts in 2026. For 2025, the Fed is likely to match the market pricing, but if it keeps 50 bps, it would be another hawkish surprise.The focus will then turn to Fed Chair Powell's Press Conference where he's expected to put more emphasis on the weakening labour market and less on inflation, which is what he already communicated at the Jackson Hole Symposium. Maybe he might even pledge stronger support in terms of rate cuts in case the labour market data showed further deterioration. This article was written by Giuseppe Dellamotta at investinglive.com.

Leading multi-asset broker XM is giving traders more control and confidence by unifying all its products and introducing new powerful tools in one seamless trading experience. “We wanted to introduce a new trading experience that makes a difference for our traders,” said Pavlos Evangelidis, Chief Product Officer. “We carefully crafted every part of their journey with an intuitive design and advanced technology to give them the best chance to achieve their trading goals.” Traders can expect intuitive navigation, a direct-to-trade interface, faster access to everything XM offers, and the same experience across both web and app. The multi-regulated broker aims to give traders everything they need to make precise trading decisions and seize more opportunities. At the centre of this experience are the highly sophisticated TradingView charts, now integrated into XM traders’ accounts. Both beginner and experienced traders can take advantage of the simplified and advanced versions, using a variety of tools including smart drawing features and technical indicators. “The new interface is designed to allow traders to stay informed, analyse, plan, and act fast when opportunity strikes,” said George Michail, Senior Product Manager. “Beyond trading, our users can now fund and withdraw, chat with support, view live education, and access everything we offer in one place.” This launch also marks the release of the highly anticipated XM AI – an AI-powered assistant designed to instantly answer any questions about trading. Aptly positioned next to the chart, it ensures uninterrupted decision-making and execution. Additional updates include a notification centre with personalised alerts, customisable watchlists, and the new Explore page, offering real-time market updates throughout the day. Earlier this year, the award-winning broker celebrated 15 years of success, promising major upgrades and releases. Following two hugely successful promotions that gave traders unprecedented opportunities, this latest release further strengthens the suite of advantages available with XM. Traders around the world can enjoy this new experience on the web and across all devices by simply opening an account with XM. #EveryOpportunityToSucceedAbout XM XM is a globally trusted broker with over 15 years of success and more than 15 million clients worldwide. Fully regulated and licensed, XM offers a full suite of products and trading instruments including forex, commodities, indices, stocks, Copy Trading, and Competitions. Traders can rely on award-winning services, support, and traders’ education. Disclaimer: Promotions and bonuses are not available for accounts registered under our EU or UAE-based entity. Specific regions may be excluded. The XM Group operates globally under various entities, so products, services, and features listed here vary between XM entities. For further information, please visit the XM website. Risk Warning: XM's services involve significant risks and may result in the loss of your invested capital. T&Cs apply. This article was written by IL Contributors at investinglive.com.

XFunded has announced the expansion of its activities in Dubai and its growing collaborations with leading trading influencers across Europe and social media platforms.XFunded provides traders with access to capital ranging from $10,000 to $300,000 through its evaluation model, while offering payout solutions that are processed within 48 hours. In its first year of operation, the company reports having distributed more than $1.2 million in trader payouts.In 2024, XFunded’s customer support team was officially recognized for its responsiveness, setting a new benchmark in the prop firm sector. By 2025, the firm had been voted among the most trusted prop firms by trading influencers on Telegram and Instagram, confirming its position as a partner of choice for content creators who share their trading activity online.“Our aim has always been to provide simple, transparent rules and timely payouts so that traders can focus on performance,” said Raphaël Pena, founder and CEO of XFunded. “Collaborating with trading educators and influencers allows us to better understand and support the communities they represent.”Business Model and RulesOnce funded, traders can access accounts on MT5 or cTrader, with no spreads or trading commissions and support available 24/7.According to the company, around 35% of its revenue is allocated to client payouts, a figure which has emerged as an industry average for balancing trader profitability with firm sustainability.Collaborations and Success StoriesXFunded’s growth has been supported by collaborations with traders and influencers across Europe:· Matthieu Pothier (MattFX) — A French trader who previously documented his results with another prop firm, MattFX has since joined XFunded. Within three months, he reported over $38,000 in withdrawals and currently manages $500,000 in validated capital.· Angelo (@anghietto) — A Spanish entrepreneur and trader who had already generated significant profits with personal capital before moving to prop firms. He became an official partner of XFunded in late 2024 and currently manages multiple funded accounts, generating consistent monthly results.· Andrea Giudice — An Italian entrepreneur, trader, and educator, recognized as one of the early adopters of prop firm models in Europe. Shortly after XFunded’s launch, he introduced the firm to his network, helping over 150 clients secure funded accounts. To date, his collaboration has led to over $450,000 in payouts for his students.These partnerships highlight XFunded’s strategy of working with educators and community leaders to make funded trading accessible to a wider audience.Looking AheadXFunded plans to continue expanding its partnerships with influencers and trading educators in 2025 while strengthening its technology offering and payout infrastructure.About XFundedXFunded (https://x-funded.com/) is a prop trading firm founded in 2024 and headquartered in Dubai. Dedicated to empowering traders with the capital, tools, and freedom to succeed, the firm provides access to funded accounts from $10,000 up to $1,000,000. XFunded stands out with its no-time-limit challenges and innovative profit structures, which include up to a 90% profit split from the second payout. Currently, XFunded serves over 3,000 active traders across more than 50 countries and has paid out over $1.2 million. Traders benefit from industry-standard platforms like MT5 and cTrader, zero spreads, and no trading commissions. The firm also offers 24/7 customer support, recognized as among the best in the industry. This article was written by IL Contributors at investinglive.com.

The current interest rate is appropriate based on inflation developments, our projections and the transmission of monetary policy.We are living in a very complex and uncertain world with numerous risks.Despite rising real incomes, consumption remains subdued. Maybe because households fear higher taxes in the future.Markets are not always wrong, but they are not always right either.Thursday decision was unanimous.We all agree we must keep all options open.If the situation changes, we will adjust out stance accordingly.An independent central bank is the best protection against high inflation.Inflation expectations only stay low if investors and consumers trust the central bank to keep prices stable.It's particularly critical if monetary policy is constrained by fiscal policy - what we can fiscal dominance.He's not saying much here in terms of forward guidance. He just keeps things neutral not hinting to any particular move. In case the dollar weakens further though, EURUSD could break the 1.20 level which de Guindos once labelled as a line in the sand for them. In that case, the stronger Euro could put downward pressure on inflation and might force them to cut. This article was written by Giuseppe Dellamotta at investinglive.com.

German DAX futures +0.3%French CAC 40 futures +0.2%UK FTSE futures flatEuropean indices endured a rough session yesterday amid some heavy selling as the market moves seem to be rather mixed ahead of the FOMC meeting decision later today. Wall Street was also on the retreat but the losses were relatively small. US futures are looking more tepid today as well, just marginally down as we look to the session ahead. Investors look to be holding a more cautious approach with the Fed in focus later today. This article was written by Justin Low at investinglive.com.