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Keep an eye on market news and economic events that may impact your trading strategy.
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Here are the important upcoming news events that could affect your trading.
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Whatβs the company behind the weight-loss drug Mounjaroβ’ thatβs got investors and traders hungry for more?
Eli Lilly and Companyβoften referred to as Lillyβis the pharmaceutical giant behind Mounjaroβ’ and Zepboundβ’ (tirzepatide), a weight-loss and diabetes treatment thatβs storming the markets. Since early 2020, Lillyβs stock has soared over 300%. When Mounjaro was first approved in May 2022, shares were trading at 284.14 USD. Today, they're hovering near 640.00 USD.
According to MarketWatch, Eli Lillyβs stock is down approximately 17% in 2025 (YTD), but the long-term bullish outlook remains strong, driven by the surging demand in the obesity drug market. From a fundamentals perspective, Lilly now holds a 685 billion USD market cap. Over the past 12 months, it has generated 49 billion USD in revenue, with 20 billion USD in operating profit and 11 billion USD in net income.
Pharma is feasting on the weight-loss wave.
Are you buying, selling,or waiting for the next course?
Eli Lilly and Companyβoften referred to as Lillyβis the pharmaceutical giant behind Mounjaroβ’ and Zepboundβ’ (tirzepatide), a weight-loss and diabetes treatment thatβs storming the markets. Since early 2020, Lillyβs stock has soared over 300%. When Mounjaro was first approved in May 2022, shares were trading at 284.14 USD. Today, they're hovering near 640.00 USD.
According to MarketWatch, Eli Lillyβs stock is down approximately 17% in 2025 (YTD), but the long-term bullish outlook remains strong, driven by the surging demand in the obesity drug market. From a fundamentals perspective, Lilly now holds a 685 billion USD market cap. Over the past 12 months, it has generated 49 billion USD in revenue, with 20 billion USD in operating profit and 11 billion USD in net income.
Pharma is feasting on the weight-loss wave.
Are you buying, selling,or waiting for the next course?
GBPUSD rose last week amid the BoEβs rate cut and its hawkish tone, which tempered easing expectations. While holding above both EMAs, it tests a bearish trendline, and the pattern of lower swings underscores lingering downside risk. Could GBPUSD break 1.3500 and extend toward 1.3625?
#GBPUSD
#GBPUSD
π¨Gold prices droppedβhere's why π¨
Gold prices fell below $3,380 per ounce. What's happening here, and why should traders be paying attention? π
Key facts
πEvents: Gold prices fell as easing geopolitical tensions reduced the metal's appeal as a safe-haven asset.
πBackground: Last Friday, President Trump announced a meeting with Putin on 15 August to discuss ending the war in Ukraine. This calmed some market fears. However, don't be too quick to count gold out!
πPossible outcome: Gold losses are likely limited due to ongoing trade concerns and rising expectations of U.S. rate cuts. With lower rates, gold will become more attractive since it doesn't pay interest.
Tip for traders
If you're trading gold, keep an eye on the Fed's next moves. Rate cuts could send gold prices higher! π
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Gold prices fell below $3,380 per ounce. What's happening here, and why should traders be paying attention? π
Key facts
πEvents: Gold prices fell as easing geopolitical tensions reduced the metal's appeal as a safe-haven asset.
πBackground: Last Friday, President Trump announced a meeting with Putin on 15 August to discuss ending the war in Ukraine. This calmed some market fears. However, don't be too quick to count gold out!
πPossible outcome: Gold losses are likely limited due to ongoing trade concerns and rising expectations of U.S. rate cuts. With lower rates, gold will become more attractive since it doesn't pay interest.
Tip for traders
If you're trading gold, keep an eye on the Fed's next moves. Rate cuts could send gold prices higher! π
Sign Up Now β‘οΈhttps://bit.ly/attocta
π¨ Gold prices drop as President Trump strengthens the U.S. dollar π¨
Gold has fallen to around $3,350 per ounce. Here's why it happened and what to expect nextβstay tuned π
π Key facts
β’ Events: Gold fell 1.7% on Monday, following President Trump's announcement.
β’ Background: President Trump confirmed that gold imports would not face tariffs, easing previous concerns. He also extended the tariff truce with China for another 90 days, reducing trade tensions.
β’ Possible outcome: Traders turn their attention to the new U.S. CPI report. If it comes in stronger than expected, the U.S. dollar will likely rise and cause XAUUSD to drop further.
π Tip for traders
Keep an eye on the U.S. CPI report, as well as global news π Gold's safe-haven appeal usually weakens when market uncertainty eases, pushing gold price lower.
Sign Up Now β‘οΈhttps://bit.ly/attocta
Gold has fallen to around $3,350 per ounce. Here's why it happened and what to expect nextβstay tuned π
π Key facts
β’ Events: Gold fell 1.7% on Monday, following President Trump's announcement.
β’ Background: President Trump confirmed that gold imports would not face tariffs, easing previous concerns. He also extended the tariff truce with China for another 90 days, reducing trade tensions.
β’ Possible outcome: Traders turn their attention to the new U.S. CPI report. If it comes in stronger than expected, the U.S. dollar will likely rise and cause XAUUSD to drop further.
π Tip for traders
Keep an eye on the U.S. CPI report, as well as global news π Gold's safe-haven appeal usually weakens when market uncertainty eases, pushing gold price lower.
Sign Up Now β‘οΈhttps://bit.ly/attocta
Concerns over slower demand and OPEC+βs decision to raise the daily production weigh on oil prices. USOIL recovered to EMA21 while sustaining the consolidation. Closing below 62.00 may prompt a plunge to 60.00. Will US-Russia talks pressure oil prices?
#USOIL
#USOIL