Live Updates

    8 May 2025
    Forecasts for US Wholesale Inventories were missed by 0.4%, landing at 0.5% in March

    US wholesale inventories fell 0.4% in March; Ethereum surged 15% amid strong US Dollar movements.

    8 May 2025
    The UK announced zero tariffs for steel and aluminium alongside enhanced market access for farmers

    UK-US trade deal cuts tariffs on metals, expands beef access, and starts digital trade cooperation talks.

    8 May 2025
    In the first quarter of 2025, QGEN reported higher earnings and revenues, leading to increased stock value

    QIAGEN reports strong Q1 earnings, sales growth, and raised EPS outlook amid solid operational and financial performance.

    8 May 2025
    Trump announced a trade deal with the UK to enhance imports, boost access, and create jobs

    UK fast-tracks US imports, boosts trade in beef, ethanol, steel, and secures pharma supply chain.

    8 May 2025
    As traders anticipate a crucial report and Trump’s trade deal, the Canadian Dollar weakens against the US Dollar

    USD/CAD rises as Canadian Dollar weakens; markets await BoC review and potential US-UK trade deal.

    8 May 2025
    Tesla and Google excel while the healthcare sector struggles amid a mixed US stock market

    Tech and consumer sectors rise with Tesla, Google gains; healthcare declines, prompting cautious optimism and diversification.

    8 May 2025
    The US Department of Labor reported a decrease in initial jobless claims to 228K applications

    US unemployment claims fell to 228,000, with continuing claims down and the dollar maintaining strength.

    8 May 2025
    US trade deals may impose a 10% tariff floor, prompting potential retaliations from other countries

    Upcoming U.S. trade deals may maintain 10% tariffs, raising concerns over stalled talks and retaliation.

    8 May 2025
    Following the Bank of England’s announcement, the Pound Sterling rises, causing EUR/GBP to drop near 0.8470

    EUR/GBP falls to 0.8470 as Pound rises; BoE cuts rates, lifts GDP forecast amid trade tensions.

    8 May 2025
    Following a recent dip, USDCAD rallies towards key resistance, creating potential for bullish movement

    USDCAD climbs post-FOMC, testing key resistance at 1.3904 with bullish momentum and strong support below.

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