Monthly Archives: May 2025
Reuters anticipates the PBOC will establish the USD/CNY reference rate at 7.2057 today
Written on May 19, 2025 at 3:45 am, by melody
The PBOC sets the yuan’s midpoint daily, allowing limited fluctuation and intervenes to ensure stability.
Cautiously approaching the closing bell, the S&P 500 reacted to Moody’s downgrade news earlier that day
Written on May 19, 2025 at 3:40 am, by melody
Moody’s downgrade prompts cautious trading; macroeconomic shifts impact sectors, while investors weigh fiscal policy uncertainty.
Bitcoin reached its peak since January, supported by a weakened US dollar and rising gold prices
Written on May 19, 2025 at 3:15 am, by melody
Bitcoin surges past $106,400 as US dollar weakens; global currencies and gold also see gains.
A bullish breakout above $135 positions NVIDIA towards $163–$174, driven by AI data-centre demand
Written on May 19, 2025 at 3:10 am, by melody
NVIDIA surges past key zones, driven by AI, data-center demand, and strong technical and fundamental growth.
Goldman Sachs suggests that US tariffs may lead to a weaker dollar and reduced foreign investment
Written on May 19, 2025 at 2:45 am, by melody
Trade tensions, slowing growth, and policy uncertainty weaken the US dollar as investors shift away from US assets.
Key levels for Nasdaq-100 futures influence potential rally or decline in upcoming trading sessions
Written on May 19, 2025 at 2:40 am, by melody
Nasdaq-100 Futures consolidate near key levels; watch POC at 21,315 for bullish or bearish setups.
House prices rose minimally this season, recording the lowest increase in nine years with decreased demand
Written on May 19, 2025 at 2:15 am, by melody
UK house prices hit record high despite slowed growth; demand drops after tax incentives expire in April.
Bulls aim for 6,000 with a 5,960 regain, while bears seek a break at 5,904
Written on May 19, 2025 at 2:10 am, by melody
S&P 500 Futures watch resistance at 6,000; support levels and VWAP guide bullish and bearish scenarios.
New Zealand’s PPI inputs and outputs rose in the first quarter, indicating increased production costs and prices
Written on May 19, 2025 at 1:45 am, by melody
New Zealand’s PPI Input and Output prices rose sharply, driven by energy and manufacturing sector increases.
The Producer Price Index for output in New Zealand exceeded projections by 2.1% in the first quarter
Written on May 19, 2025 at 1:40 am, by melody
NZ PPI jumps 2.1%, surprising markets; strong USD weighs on gold, EUR/USD, and GBP/USD rates.
