Monthly Archives: May 2025
In April, the change in US building permits fell from 1.6% to -4.7%
Written on May 16, 2025 at 4:40 pm, by davin
US building permits fall; Dollar strengthens, impacting EUR/USD, gold dips; Ethereum surges post-upgrade; Trump secures trade deals.
In March, the Eurozone’s trade balance rose to €36.8 billion, driven by increased exports and modest imports
Written on May 16, 2025 at 4:15 pm, by davin
Eurozone trade balance hits €36.8 billion in March, with exports rising faster than imports.
Currently, USD/CAD trades around 1.3960, demonstrating limited movement within a tight weekly range
Written on May 16, 2025 at 4:10 pm, by davin
USD/CAD hovers near 1.3960; weak Canadian data, rate cut risks pressure Loonie despite stable US Dollar.
With risk appetite increasing, tech stocks are outperforming luxury brands like LVMH amidst market recovery
Written on May 16, 2025 at 3:40 pm, by davin
LVMH lags; Europe’s luxury market weakens, while US tech rebounds, challenging European stocks’ recent lead.
Around 1.12, EUR/USD remains stable, with limited support observed during the North American session
Written on May 16, 2025 at 3:10 pm, by davin
EUR/USD steady near 1.12; U.S. inflation expectations rise, supporting Dollar; Ethereum adoption surges.
A South Korean delegation plans to negotiate tariffs with the US and seek exemptions
Written on May 16, 2025 at 2:45 pm, by davin
South Korea seeks US tariff waiver, raising global concerns about fairness and consistency in trade policy.
The Canadian Dollar is stabilising against the USD, finding support within this week’s range, according to Osborne
Written on May 16, 2025 at 2:40 pm, by davin
Canadian Dollar stable; USD/CAD resists above 1.4000 amid US data, oil prices, and policy expectations.
Bostic anticipates one rate cut this year and acknowledges influence from US-China relations on inflation
Written on May 16, 2025 at 2:15 pm, by davin
Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.
The GBP strengthens towards 1.3330 against the USD, continuing its upward trend from Thursday
Written on May 16, 2025 at 2:11 pm, by davin
Pound Sterling rises near 1.3330 amid weak US data; traders eye Fed rates, UK inflation outlook.
Italy’s April CPI showed a rise to 1.9%, with core inflation increasing to 2.1%
Written on May 16, 2025 at 1:45 pm, by davin
Italy’s April inflation slightly revised down; core inflation rises due to higher services prices at 3.0%.