Monthly Archives: May 2025
In Australia, Santos’s CEO reported 200 wells submerged by flooding, leading to a 15% decline in production
Written on May 7, 2025 at 7:16 am, by melody
Flooding in Australia’s Cooper Basin submerges 200+ wells, cutting Santos’ production by 15 percent.
In the Philippines, gold prices declined today based on gathered data.
Written on May 7, 2025 at 7:10 am, by melody
Gold prices in the Philippines fell, influenced by global market conditions, currency strength, and geopolitical tensions.
The April Services PMI for Japan exceeded predictions, coming in at 52.4 rather than 52.2
Written on May 7, 2025 at 6:40 am, by melody
Japan’s services grow, USD strengthens on trade optimism, gold dips, Bitcoin nears resistance, central banks await.
The Chief of the People’s Bank of China, Pan Gongsheng, will hold a press conference soon
Written on May 7, 2025 at 6:16 am, by melody
PBOC Governor Pan Gongsheng to speak; major financial updates expected from China’s key regulators.
The EUR/USD pair lingered around the 1.1300 mark as traders anticipated pivotal Fed developments
Written on May 7, 2025 at 6:10 am, by melody
EUR/USD steadies near 1.1300 as traders await Fed decision; markets watch for rate-cut signals.
Progress has been made in US-UK trade talks on steel and autos, but timing remains uncertain
Written on May 7, 2025 at 5:45 am, by melody
US-UK trade talks advance on steel and vehicles; timeline unclear amid tariff and regulatory uncertainties.
The Labour Cost Index in New Zealand reported a quarterly increase of 0.4%, missing forecasts
Written on May 7, 2025 at 5:40 am, by melody
New Zealand’s Labour Cost Index rose 0.4% in Q1, slightly below the expected 0.5% increase.
The API reported the US crude oil stock at -4.49M, falling short of predictions
Written on May 7, 2025 at 5:10 am, by melody
U.S. crude stocks fall sharply; markets steady as traders await major central bank policy decisions this week.
The actual weekly crude oil stock in the United States was lower than expected at -4.49M
Written on May 7, 2025 at 5:07 am, by melody
Crude oil stock drops, currencies steady, gold corrects, Bitcoin nears $100K amid global policy shifts.
New Zealand’s unemployment rate decreased to 5.1%, employment change slightly improved but annual decline persists
Written on May 7, 2025 at 4:46 am, by melody
New Zealand’s unemployment steady at 5.1%; wage growth slows; global trade talks may influence currencies.
