Monthly Archives: May 2025
A €500 million initiative from the EU aims to attract scientists amid U.S. funding reductions
Written on May 6, 2025 at 4:16 am, by melody
EU and France offer €500 million to attract U.S. scientists amid research funding cuts in America.
Phillip Swagel, CBO director, indicated the US debt ceiling deadline may advance due to economic conditions
Written on May 6, 2025 at 4:04 am, by melody
Debt ceiling X-date expected late summer; stable revenues; spending risks may shift projections amid uncertainties.
The USD declined against most major currencies, while the S&P and NASDAQ closed lower today
Written on May 6, 2025 at 3:46 am, by melody
USD declined broadly; stocks fell in U.S.; gold rose; oil dropped despite OPEC+; yields climbed.
Following an OPEC production increase, WTI Crude Oil prices are recovering from recent drops
Written on May 6, 2025 at 3:34 am, by melody
WTI crude rebounds after OPEC output plan; Russian exports, sanctions, and technical levels drive volatility.
In the upcoming fortnight, Trump plans to declare tariffs on pharmaceuticals according to sources
Written on May 6, 2025 at 3:15 am, by melody
Trump plans new pharmaceutical tariffs to reduce import reliance, sparking concerns over drug costs and trade impact.
Pressure on the US Dollar persists as investors anticipate upcoming central bank rate decisions
Written on May 6, 2025 at 3:04 am, by melody
US Dollar weakens further; markets eye central bank moves, key data, commodity shifts, and global PMIs ahead.
Lutnick expressed that a complex trade agreement with Canada might be achievable despite challenges.
Written on May 6, 2025 at 2:45 am, by melody
US Commerce Secretary Lutnick highlighted trade deal challenges with Canada, signaling no agreement is expected soon.
The GBP/USD pair rises past 1.33, yet fails to maintain gains amid US PMI data
Written on May 6, 2025 at 2:34 am, by melody
Pound Sterling rises to 1.33 amid US services growth, but Dollar weakens on trade uncertainties.
Palantir’s EPS met expectations, while revenue exceeded forecasts; Ford’s figures similarly surprised, updating guidance
Written on May 6, 2025 at 2:15 am, by melody
Palantir beats revenue estimates, raises guidance; Ford tops revenue expectations but suspends 2025 forecast due to tariff concerns.
Motivated by a weak US Dollar, silver’s value increased nearly 1% as market conditions shifted
Written on May 6, 2025 at 2:04 am, by melody
Silver nears $32.30 as Dollar weakens; safe-haven demand, technical levels, and Trump tariffs influence market.
