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Monthly Archives: May 2025
In the first quarter of 2025, Flexible Solutions International, Inc. reported earnings below expectations
Written on May 20, 2025 at 4:10 pm, by davin
Flexible Solutions missed earnings expectations as revenue and product sales declined, but cash reserves and shares rose.
The Australian Dollar falls to 0.6415 against the US Dollar following an anticipated RBA rate cut
Written on May 20, 2025 at 3:41 pm, by davin
Australian Dollar weakens to 0.6408 after RBA rate cut, global uncertainties, and weaker US Dollar support.
The price of gold stabilises due to ongoing geopolitical tensions and recent Fed officials’ comments
Written on May 20, 2025 at 3:11 pm, by davin
Gold rebounds amid credit downgrade, Trump’s geopolitical stance, and Fed’s cautious economic outlook spurring volatility.
While the UK secures a trade deal with the EU, Pound Sterling strengthens against its rivals
Written on May 20, 2025 at 2:41 pm, by davin
Pound Sterling rises on UK-EU reset, US debt downgrade, China tensions, and anticipated UK inflation data.
UOB Group analysts anticipate the USD/CNH will rise slightly, remaining within a 7.1850/7.2450 bracket
Written on May 20, 2025 at 2:10 pm, by davin
USD expected to trade within 7.1850–7.2450 range; momentum weak, resistance at 7.2330 holds.
Commerzbank’s analyst observed that electric mobility growth is lowering worldwide oil demand, especially in China.
Written on May 20, 2025 at 1:40 pm, by davin
Electric vehicle sales surge globally, led by China; projected to reach 20 million units sold this year.
Commerzbank’s analyst observes that China’s refineries mainly boosted inventories amid recent low oil prices
Written on May 20, 2025 at 1:10 pm, by davin
China boosts oil inventories amid low prices, despite declining refinery activity and weakened apparent oil demand.
The New Zealand Dollar is expected to fluctuate between 0.5900 and 0.5950 against the US Dollar
Written on May 20, 2025 at 12:40 pm, by davin
NZD expected to trade between 0.5900–0.5950 short term; broader 0.5835–0.5985 range long term.
Japan is contemplating the acceptance of reduced US tariff rates, foregoing a demand for exemption
Written on May 20, 2025 at 12:10 pm, by davin
Japan may accept lower U.S. tariff rates without exemption ahead of bilateral talks scheduled for Friday.
In March, the Eurozone’s current account rose to €60.1 billion from €33.1 billion
Written on May 20, 2025 at 11:10 am, by davin
Eurozone current account surplus rose to €60.1B in March, indicating improved trade and investment flows.
