Monthly Archives: May 2025
In May, the US S&P Global Composite PMI rose to 52.1, up from 50.6
Written on May 22, 2025 at 9:14 pm, by davin
US business activity rises; markets respond cautiously; gold holds firm; Bitcoin reserve announced; brokers eye 2025.
Following the approval of Trump’s tax bill by the House, the USD Index displays high volatility
Written on May 22, 2025 at 8:44 pm, by davin
USD Index fluctuates near 99.50 amid tax bill approval, rising debt, credit downgrade, and jobless claims.
As business activity in the Eurozone declines, UK services improve, causing EUR/GBP to retreat
Written on May 22, 2025 at 8:15 pm, by davin
EUR/GBP retreats as weak Eurozone PMI data pressures Euro; UK services rebound, BoE rate cut unlikely.
The reserves of the Russian Central Bank fell from $687.3B to $667.5B
Written on May 22, 2025 at 7:44 pm, by davin
Bitcoin hits $110,000, US Dollar strengthens, Russia’s reserves drop, gold under pressure, Pound stable.
Continuing jobless claims in the United States surpassed estimates, reaching 1.903 million instead of 1.89 million
Written on May 22, 2025 at 7:14 pm, by davin
Jobless claims rise; USD strengthens; GBP holds gains; gold steady; Bitcoin hits record amid cautious optimism.
Initial Jobless Claims in the United States recorded 227K, falling short of the anticipated 230K
Written on May 22, 2025 at 6:44 pm, by davin
US jobless claims dip, EUR/USD weakens, GBP/USD rises, gold consolidates, Bitcoin hits $110K milestone.
The four-week average of initial jobless claims in the US increased to 231.5K
Written on May 22, 2025 at 6:14 pm, by davin
Bitcoin hits record high above $110K; U.S. jobless claims rise slightly; markets driven by macro trends.
In April, the Chicago Fed National Activity Index decreased from -0.03 to -0.25 in the US
Written on May 22, 2025 at 5:44 pm, by davin
US economic activity slows; Bitcoin hits record high; gold pressured; forex mixed amid macroeconomic uncertainties.
The April Raw Material Price Index in Canada fell short of projections at minus three percent
Written on May 22, 2025 at 5:14 pm, by davin
Raw materials drop, US Dollar strengthens, Bitcoin hits record, while markets face macroeconomic and institutional caution.
Amidst diverging economic conditions, the British Pound shows hesitance due to UK PMI Manufacturing data
Written on May 22, 2025 at 4:45 pm, by davin
Pound Sterling dips on weak UK manufacturing; market eyes US data for direction amid economic uncertainty.