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    6 May 2025
    Amid mixed signals, the Pound maintains stability around the 191.00 mark in GBP/JPY trading

    GBP/JPY remains range-bound near 191.00 as mixed indicators and strong resistance levels limit clear direction.

    6 May 2025
    The central bank of Hong Kong sells HK$60.543 billion to stabilise the currency’s value

    HKMA intervenes as HKD hits trading limit, maintaining peg amid broader Asian currency appreciation trends.

    6 May 2025
    As markets anticipate major influences, the Canadian Dollar remains stable against the US Dollar

    USD/CAD trades steadily near 1.3800 as markets eye Fed rate decision and Canada-US trade talks.

    6 May 2025
    A €500 million initiative from the EU aims to attract scientists amid U.S. funding reductions

    EU and France offer €500 million to attract U.S. scientists amid research funding cuts in America.

    6 May 2025
    Phillip Swagel, CBO director, indicated the US debt ceiling deadline may advance due to economic conditions

    Debt ceiling X-date expected late summer; stable revenues; spending risks may shift projections amid uncertainties.

    6 May 2025
    The USD declined against most major currencies, while the S&P and NASDAQ closed lower today

    USD declined broadly; stocks fell in U.S.; gold rose; oil dropped despite OPEC+; yields climbed.

    6 May 2025
    Following an OPEC production increase, WTI Crude Oil prices are recovering from recent drops

    WTI crude rebounds after OPEC output plan; Russian exports, sanctions, and technical levels drive volatility.

    6 May 2025
    In the upcoming fortnight, Trump plans to declare tariffs on pharmaceuticals according to sources

    Trump plans new pharmaceutical tariffs to reduce import reliance, sparking concerns over drug costs and trade impact.

    6 May 2025
    Pressure on the US Dollar persists as investors anticipate upcoming central bank rate decisions

    US Dollar weakens further; markets eye central bank moves, key data, commodity shifts, and global PMIs ahead.

    6 May 2025
    Lutnick expressed that a complex trade agreement with Canada might be achievable despite challenges.

    US Commerce Secretary Lutnick highlighted trade deal challenges with Canada, signaling no agreement is expected soon.

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