Monthly Archives: May 2025
A bill to create a Bitcoin reserve fund has been approved by Arizona’s governor, Hobbs
Written on May 8, 2025 at 7:46 am, by melody
Arizona establishes Bitcoin Reserve Fund, limiting its use and signaling a strategic shift in digital asset policy.
During the Asian session, buying interest in silver rises, pushing prices towards the $33.20 mark
Written on May 8, 2025 at 7:40 am, by melody
Silver gains bullish momentum, targeting $33.70-$34.00 amid positive technical signals and strong investor interest.
Support for Ueda’s normalisation was expressed by former BOJ Governor Kuroda, urging calm amidst turmoil
Written on May 8, 2025 at 7:16 am, by melody
Kuroda urges calm on U.S. tariffs, warns of inflation, supports BOJ normalization amid global risks.
Speculation about a US-UK trade deal boosts GBP/USD, with the pair rising to around 1.3350
Written on May 8, 2025 at 7:10 am, by melody
GBP/USD climbs near 1.3350 on US-UK trade hopes; Fed cautious, Dollar supported by policy outlook.
Plans for a U.S. sovereign wealth fund are being drafted by Treasury and Commerce departments
Written on May 8, 2025 at 6:46 am, by melody
U.S. considering sovereign wealth fund using tariffs and assets to boost public benefit and economic security.
According to a prominent Chinese media source, Beijing is set to maintain its trade principles without tariff reductions
Written on May 8, 2025 at 6:40 am, by melody
US-China tariff tensions persist as Beijing defends interests; currencies and gold react amid trade uncertainties.
During the Asian session, WTI crude oil trades at approximately $58.10 following a drop in US inventories
Written on May 8, 2025 at 6:10 am, by melody
WTI oil rebounds on lower US inventories; trade tensions and tariff uncertainty pressure global demand outlook.
Brazil’s central bank unanimously increased interest rates to 14.75%, emphasising the need for flexibility and vigilance
Written on May 8, 2025 at 5:45 am, by melody
Brazil’s Central Bank raises Selic rate, highlighting inflation risks; future policy depends on evolving economic indicators.
After the Fed’s rate decision, EUR/USD remains stable around 1.1300, reflecting traders’ apprehension
Written on May 8, 2025 at 5:40 am, by melody
EUR/USD steadies near 1.1300 amid Fed’s cautious stance and rising expectations of July rate cuts.
South Korea’s currency reserves decreased to a five-year low amid US trade tensions and interventions
Written on May 8, 2025 at 5:15 am, by melody
South Korea’s forex reserves dip $5B in April amid currency stabilisation efforts; won rebounds 3.3%.
