Live Updates

    12 May 2025
    Bessent anticipates a Trump-Xi call soon, suggesting tariffs can revert to previous levels if needed

    Trump and Xi may speak soon; tariff talks continue, with potential delays testing Trump’s patience.

    12 May 2025
    The US Dollar strengthens against G10 currencies due to easing US-China trade tensions and market adjustments

    US Dollar strengthens broadly; G10 currencies weaken amid tariff pause and shifting Fed rate cut expectations.

    12 May 2025
    Bessent believes tariffs on China are unlikely to drop below 10%, maintaining current levels as a guideline

    Tariffs remain high as baseline measures aim to prevent escalation; fentanyl-related tariffs raise U.S. total.

    12 May 2025
    A Rabobank forecast maintains USD/JPY at 140.00 amid optimism from a US-China trade agreement

    Trade deal optimism boosts USD; JPY weakens. Long USD positions, recession fears weigh on dollar strength.

    12 May 2025
    Current market sentiment shows bullish trends in oil, S&P 500, and cryptocurrencies, while gold and yen decline

    Markets rally on U.S.-China tariff deal; gold falls, oil and cryptocurrencies surge amid strong risk-on sentiment.

    12 May 2025
    After the US-China tariff reduction, gold experiences a decline exceeding 3.0% during European trading

    Gold prices fell over 2.5% as US-China tariff reduction boosted yields, pressuring demand for safe havens.

    12 May 2025
    The US-China agreement excludes e-commerce’s duty-free shipments, raising costs for American online shoppers

    Removal of de minimis exemption raises costs for US consumers buying overseas goods, especially Chinese fashion.

    12 May 2025
    Due to increased global risk appetite and a stronger US Dollar, gold prices decline sharply

    Gold drops over 3% amid stronger US Dollar, improved risk sentiment, and easing geopolitical tensions worldwide.

    12 May 2025
    Greene noted wages and inflation trends are improving, yet concerns about their persistence remain high

    Inflation persistence remains high; expectations inch upward. BOE debates policy direction despite recent rate cut and concerns.

    12 May 2025
    Fourth-quarter earnings for Doximity may show impressive product momentum and positive earnings surprises

    Doximity’s Q4 results hinge on new products, steady growth, and macroeconomic challenges impacting health systems.

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