Monthly Archives: July 2025
India plans to impose duties at WTO in response to US auto parts tariffs, affecting trade
Written on July 5, 2025 at 12:18 am, by davin
India plans retaliatory tariffs on US goods after US imposes steep auto part import duties.
US markets are quiet with little movement as tariff letters are expected to be dispatched
Written on July 4, 2025 at 11:48 pm, by davin
Markets stable as Canadian Services PMI leads focus; US tariff plans raise growth concerns amid deadlines.
Amidst Chancellor Reeves’ welfare bill, the Pound Sterling weakens against other currencies despite her commitment
Written on July 4, 2025 at 11:43 pm, by davin
Pound Sterling weakens amid UK fiscal concerns, welfare reforms, and global economic uncertainties influencing exchange rates.
Credit Agricole notes GBP struggles due to political uncertainty and memories of past gilt market turmoil
Written on July 4, 2025 at 11:19 pm, by davin
Political uncertainty and fiscal concerns weigh on GBP, echoing 2022 crisis; market demands clarity and leadership.
Strong against the US Dollar, the Japanese Yen leads G10 currencies amid risk-averse sentiment
Written on July 4, 2025 at 11:12 pm, by davin
The Japanese Yen gains 0.4%, leading G10 currencies, supported by risk aversion and strong spending data.
Markets are quiet as equities decline and the dollar slightly weakens ahead of a holiday
Written on July 4, 2025 at 10:49 pm, by davin
US dollar dips post-payrolls; gold rises, crude falls. Tariff tensions weigh on markets and sentiment.
Scotiabank reports that the Pound remains stable within a narrow range against the US Dollar
Written on July 4, 2025 at 10:42 pm, by davin
The British Pound holds steady; markets eye Bank of England decision amid stable fiscal outlook and data.
The OPEC+ meeting is rescheduled for Saturday, influenced by the Ashura holiday, with output increase expected
Written on July 4, 2025 at 10:18 pm, by davin
OPEC+ delays meeting to July 5 due to Ashura; output hikes continue toward pre-pandemic levels.
Currently, gold price (XAU/USD) hovers near $3,335, awaiting clarity on tariff policy decisions
Written on July 4, 2025 at 10:13 pm, by davin
Gold hovers near $3,335 as trade tensions rise; investors seek safety amid geopolitical and fiscal uncertainties.
NASDAQ futures currently exhibit a pullback after a strong breakout, with key support levels noted.
Written on July 4, 2025 at 9:49 pm, by davin
NASDAQ futures dip 0.6% amid holiday low liquidity; key support levels eyed for next move.