Monthly Archives: May 2025
In April, Japan’s Producer Price Index aligns with forecasts at four per cent year-on-year
Written on May 14, 2025 at 5:40 am, by melody
Japan’s PPI rose 4%. EUR/USD neared 1.1200. Gold steady. Solana dipped. Markets gained on trade optimism.
Goldman Sachs projects the S&P 500 could reach 6,500 in the coming year, despite uncertainties
Written on May 14, 2025 at 5:15 am, by melody
Goldman Sachs raises S&P 500 forecasts, citing improved growth, easing risks, and cautious earnings outlook.
During early Asian trading, the USD/CAD pair retreats to approximately 1.3925 amidst unexpected US inflation decline
Written on May 14, 2025 at 5:10 am, by melody
USD/CAD fell as cooler US inflation, oil price gains, and Canadian interest rate outlook boosted CAD strength.
Iran’s Foreign Ministry insists on guarantees for a US agreement, as oil markets closely observe developments
Written on May 14, 2025 at 4:45 am, by melody
Iran demands concrete guarantees before deal; oil markets watch closely amid talks on nuclear program halt.
As market sentiment fluctuates, GBP/USD rises above 1.3300, recovering from earlier declines in trading
Written on May 14, 2025 at 4:40 am, by melody
GBP/USD fluctuates amid US dollar weakness, UK unemployment rise, and anticipation of GDP growth data.
On Tuesday, the Dow Jones Industrial Average lost around 270 points, struggling near 42,130
Written on May 14, 2025 at 4:10 am, by melody
Dow slips after rally; CPI data shows slower inflation, but tariffs and key goods see price hikes.
A private survey indicates an unexpected increase in crude oil inventories compared to prior forecasts
Written on May 14, 2025 at 3:45 am, by melody
API survey shows crude oil inventory rise, defying expectations; EIA report awaited for clearer insights.
After US CPI data disappointed, the US Dollar fell to 101.50, benefiting AUD/USD
Written on May 14, 2025 at 3:41 am, by melody
US Dollar weakens on soft CPI; Australian Dollar gains amid improved US-China trade ties and bullish trends.
The US indices closed higher, with NASDAQ leading after encouraging CPI data and CEO resignations.
Written on May 14, 2025 at 3:16 am, by melody
NASDAQ rose 1.61% on CPI news; S&P and Russell up, Dow fell due to UnitedHealth drop.
Following subdued inflation data, the US Dollar Index fell to 101.50 against various currencies
Written on May 14, 2025 at 3:10 am, by melody
US inflation cools, rate cuts anticipated; trade tensions and bearish dollar trends signal economic uncertainty ahead.