Live Updates

8 May 2025
A trade deal agreement between the UK and US has been confirmed, aiding political negotiations ahead

UK and US reach preliminary trade deal agreement, paving way for future full agreement and closer ties.

8 May 2025
Gold prices drop to $3,340 as a US-UK trade agreement is anticipated during a conference

Gold drops 1% amid UK-US trade deal hopes, steady Fed rates, and stronger US Dollar outlook.

8 May 2025
Trump’s trade deal announcement negatively impacted gold, which remains in an uptrend despite uncertainty

Gold fluctuates as Trump’s UK trade deal announcement offsets Fed neutrality, influencing buyer and seller positioning.

8 May 2025
According to UOB Group, USD is likely to fluctuate, with 7.1700 being a crucial level

The US Dollar may range-trade before declining further, with 7.1700 as a key support level.

8 May 2025
China’s MOFCOM suggests the US should consider revoking its unilateral tariffs ahead of trade discussions

China urges U.S. to revoke unilateral tariffs ahead of Switzerland talks focused on easing trade tensions.

8 May 2025
The USD/CHF pair strengthens past 0.8250 as the Federal Reserve delays interest rate reductions

USD gains as Fed delays rate cuts; trade tensions and Swiss rate outlook impact CHF weakness.

8 May 2025
An official from the UK anticipates Trump will outline a deal, potentially reducing tariff quotas

Trump to outline US-UK trade deal easing tariffs on steel and cars, benefiting both nations’ industries.

8 May 2025
In April, Ireland’s year-on-year Consumer Price Index increased to 2.2% from 2%

Ireland’s inflation rose, Pound held gains, Euro weakened, Gold rebounded slightly, XRP rallied amid crypto optimism.

8 May 2025
In March, Germany’s trade surplus increased to €21.1 billion, exceeding expectations and previous figures

Germany’s March trade surplus rose to €21.1 billion, exceeding forecasts as exports climbed and imports fell.

8 May 2025
UOB Group suggests that the Australian Dollar will probably fluctuate between 0.6400 and 0.6470

AUD consolidates between 0.6400-0.6470; potential strength above 0.6510 hinges on breaking key resistance.

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