Monthly Archives: May 2025
Barkin remarked on the robustness of consumer spending and business investment, despite declines in restaurant spending and job openings
Written on May 9, 2025 at 7:45 pm, by melody
Consumer spending strong, but DC restaurant sales and job openings dip, hinting at shifting economic trends.
Despite a corrective wave IV, Lam Research (LRCX) shows continued bullish potential with wave V approaching
Written on May 9, 2025 at 7:40 pm, by melody
Lam Research’s bullish trend persists; wave IV correction offers entry before potential wave V move to all-time highs.
Hassett believes the UK trade agreement will inspire numerous upcoming deals, maintaining market stability and collaboration
Written on May 9, 2025 at 7:16 pm, by melody
Kevin Hassett highlights 24 trade deals nearing completion, predicts market stability and praises UK deal model.
After hitting $3,400, gold dipped below $3,300, with attention now on upcoming trade discussions
Written on May 9, 2025 at 7:10 pm, by melody
Gold prices dropped below $3,300 as trade optimism and Powell’s comments reduced demand for safe-haven assets.
Nasdaq Futures are expected to remain stable, with potential reversal opportunities based on key levels
Written on May 9, 2025 at 6:46 pm, by melody
Nasdaq futures remain range-bound; key levels signal potential breakouts. Mean reversion likely dominates today’s trading strategy.
A slight 0.2% increase in the Euro is observed as it approaches the NA session, according to Scotiabank’s strategist Shaun Osborne
Written on May 9, 2025 at 6:40 pm, by melody
The Euro gains slightly, stays below 1.13; ECB hints at June cuts amid tense EU-US trade.
Williams from the Fed acknowledged the current period of uncertainty and emphasised central bank independence
Written on May 9, 2025 at 6:15 pm, by melody
New York Fed’s Williams highlights uncertainty, transformation; stresses central bank independence benefits; no policy details provided.
In April, Mexico’s Consumer Confidence decreased to 45.5, a drop from 64.1 previously
Written on May 9, 2025 at 6:10 pm, by melody
Mexico consumer confidence plunges; gold rises amid global tensions; markets await US-China trade talks, CPI data.
The Canadian jobs report could reveal economic trends amidst modest layoffs and consumer resilience
Written on May 9, 2025 at 5:45 pm, by melody
Canadian job growth expected amid economic slowdown; unemployment slightly rising, rate cut probability at 46%.
The US Dollar may rise against the Chinese Yuan but lacks momentum to surpass 7.2600
Written on May 9, 2025 at 5:40 pm, by melody
USD shows limited momentum near 7.2600 against CNH; range trading likely amid resistance and support levels.
