Monthly Archives: May 2025
The S&P 500 rises by 0.6%, achieving over 5% gains for the week amidst positive momentum
Written on May 17, 2025 at 6:45 am, by davin
Stock markets rise as US-China tensions ease; AI sector sees renewed activity; S&P 500 hits new high.
Amid mixed economic signals and global trade tensions, the USD/CHF pair tests resistance around 0.8380
Written on May 17, 2025 at 6:40 am, by davin
USD/CHF trades near 0.8380 as mixed US data and trade tensions constrain further bullish momentum.
The week’s US economic highlights include S&P PMIs, Fed speeches, and housing data releases
Written on May 17, 2025 at 6:16 am, by davin
Fed speeches, key data releases, and home sales figures shape a quiet yet informative economic week ahead.
The US oil rig count decreased from 474 to 473, according to Baker Hughes
Written on May 17, 2025 at 6:10 am, by davin
Oil rig count dips, euro and pound weaken, gold declines, Ethereum rises, Trump secures Middle East deals.
Despite recent gains, EUR/USD is vulnerable due to economic, geopolitical, and valuation concerns
Written on May 17, 2025 at 5:45 am, by davin
EUR/USD may face downside risks amid overvaluation, weak inflows, geopolitical tensions, and Eurozone economic challenges.
Selling pressure causes the EUR/USD pair to drift towards the lower 1.1100 range
Written on May 17, 2025 at 5:40 am, by davin
EUR/USD trades near 1.1100 with bearish pressure; momentum indicators suggest continued downside amid weak recovery.
Bonds’ dip buying appears exhausted; yields fluctuated, influenced by inflation concerns and fiscal discussions
Written on May 17, 2025 at 5:15 am, by davin
US 30-year bond yields rebound amid inflation concerns, nearing second-highest weekly close since 2023.
Rabobank’s Jane Foley suggests that the weakening US outlook could lead EUR/USD to 1.15
Written on May 17, 2025 at 5:10 am, by davin
Forecasts suggest EUR/USD may reach 1.15, reflecting weaker U.S. outlook despite dollar dominance.
The US oil rig count fell for the third week, totalling 576 rigs, while natural gas improves
Written on May 17, 2025 at 4:45 am, by davin
US land oil rigs drop to 576 amid OPEC output hike, while natural gas supply tightens.
The precious metal Gold has fallen below $3,200, losing over $300 from its peak
Written on May 17, 2025 at 4:40 am, by davin
Gold drops below $3,200 as safe-haven demand fades; technical pressure and easing risks weigh on prices.