Live Updates

9 May 2025
Increased production led Diamondback Energy to surpass earnings expectations, reporting $4.54 per share for Q1

Diamondback Energy beats estimates with strong earnings, production growth, and share repurchases; revises 2025 guidance downward.

9 May 2025
USDCAD rises against resistance; maintaining upward momentum requires breaking and holding key levels.

Canada adds 7.4K jobs in April; USDCAD eyes breakout above 1.3933 for bullish continuation.

9 May 2025
Following Trump’s comments about tariffs, gold rises nearly 1% to surpass $3,335 currently

Gold rebounds above $3,335 amid uncertainty over US-China trade talks and potential tariff reductions.

9 May 2025
Barkin remarked on the robustness of consumer spending and business investment, despite declines in restaurant spending and job openings

Consumer spending strong, but DC restaurant sales and job openings dip, hinting at shifting economic trends.

9 May 2025
Despite a corrective wave IV, Lam Research (LRCX) shows continued bullish potential with wave V approaching

Lam Research’s bullish trend persists; wave IV correction offers entry before potential wave V move to all-time highs.

9 May 2025
Hassett believes the UK trade agreement will inspire numerous upcoming deals, maintaining market stability and collaboration

Kevin Hassett highlights 24 trade deals nearing completion, predicts market stability and praises UK deal model.

9 May 2025
After hitting $3,400, gold dipped below $3,300, with attention now on upcoming trade discussions

Gold prices dropped below $3,300 as trade optimism and Powell’s comments reduced demand for safe-haven assets.

9 May 2025
Nasdaq Futures are expected to remain stable, with potential reversal opportunities based on key levels

Nasdaq futures remain range-bound; key levels signal potential breakouts. Mean reversion likely dominates today’s trading strategy.

9 May 2025
A slight 0.2% increase in the Euro is observed as it approaches the NA session, according to Scotiabank’s strategist Shaun Osborne

The Euro gains slightly, stays below 1.13; ECB hints at June cuts amid tense EU-US trade.

9 May 2025
Williams from the Fed acknowledged the current period of uncertainty and emphasised central bank independence

New York Fed’s Williams highlights uncertainty, transformation; stresses central bank independence benefits; no policy details provided.

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