Monthly Archives: May 2025
Amid a US-China tariff agreement, the AUD/USD pair rises above 0.6400 during trading hours
Written on May 13, 2025 at 4:10 pm, by melody
AUD/USD surged past 0.6400 as US-China tariffs eased; markets await key US, Australian data.
Makhlouf highlighted that investment is hindered by uncertainty, urging careful interest rate adjustments amid challenges
Written on May 13, 2025 at 3:46 pm, by melody
Uncertainty dampens investment; ECB considers cautious monetary response amid fragmentation, inflation risks, and trade tensions.
Commerzbank reported that China’s copper ore and concentrate imports peaked at 2.92 million tons
Written on May 13, 2025 at 3:40 pm, by melody
China’s copper ore imports hit 2.92 million tons in April, showing strong demand amid supply constraints.
The dollar experiences a slight decline while markets assess the US-China trade situation and await data
Written on May 13, 2025 at 3:15 pm, by melody
Dollar dips slightly; US futures edge down as markets await impact of US-China trade truce.
WTI futures rose for a fourth consecutive session, approaching $62.00 due to improved demand expectations
Written on May 13, 2025 at 3:10 pm, by melody
WTI oil prices rise amid improved US-China trade ties, reduced Fed rate cut expectations, and global tensions.
A quarterly loss of $0.03 per share was reported by Denison Mine, exceeding revenue expectations
Written on May 13, 2025 at 2:40 pm, by melody
Denison misses earnings expectations but beats revenue estimates; future stock performance remains uncertain amid industry challenges.
In Geneva, discussions with China created a strategy to prevent tensions between both economies.
Written on May 13, 2025 at 2:16 pm, by melody
US and China establish mechanism to prevent escalation, emphasize economic rebalancing and domestic industry strengthening efforts.
According to UOB Group analysts, USD may weaken further against CNH, targeting 7.1700 eventually
Written on May 13, 2025 at 2:10 pm, by melody
USD weakens against CNH; support at 7.1840, resistance at 7.2100. Downward momentum suggests possible decline.
UK unemployment remained at 4.5%, with payrolls declining in April and wages showing modest growth
Written on May 13, 2025 at 1:46 pm, by melody
UK unemployment steady at 4.5%; earnings rise, payrolls drop, easing pressure on rate cut decisions.
Following the tariff announcement, silver, platinum, and palladium initially increased but later faced downward pressure
Written on May 13, 2025 at 1:40 pm, by melody
Silver and Platinum fell despite tariff hopes; Gold rose, leaving metal ratios skewed amid market uncertainty.
