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    13 May 2025
    Gold prices increased in Pakistan today, based on compiled data indicating a rise in value

    Gold prices in Pakistan rose, driven by global trends, central bank purchases, and market expectations for rate cuts.

    13 May 2025
    The U.S. Trade Representative mentioned potential tariff increases if China negotiations fail, boosting market optimism

    China agrees to lift countermeasures; global markets rally amid easing U.S.-China trade tensions and tariff negotiations.

    13 May 2025
    Below are the details of May 13’s NY cut FX option expiries at 10:00 Eastern Time

    EUR/USD sees large expiries; USD/JPY, GBP/USD, and others hold significant option levels across key rates.

    13 May 2025
    Deutsche Bank predicts the Federal Reserve’s initial rate cut will occur in December despite inflation concerns

    Easing U.S.-China trade tensions may help, but persistent inflation delays Fed rate cuts until December.

    13 May 2025
    Despite ongoing uncertainty regarding the BoJ’s policy, USD/JPY decreases, trading near 147.90 after gains

    USD/JPY slips amid BoJ uncertainty, US tariff concerns, rising wages, and market focus on US CPI.

    13 May 2025
    Trump’s economic adviser indicates that 24 nations will engage in trade discussions soon

    Hassett leads economic talks aiming to normalize U.S.-China relations, with 24 trade discussions forthcoming.

    13 May 2025
    According to US Trade Representative Jamieson Greer, tariffs on China may be reinstated if necessary

    China ends countermeasures in trade talks; renewed US tariffs under Trump heighten global economic tensions.

    13 May 2025
    Goldman Sachs now predicts a Federal Reserve rate cut in December, adjusting growth and inflation forecasts

    Goldman Sachs delays rate cut forecast to December, citing eased financial conditions and trade war changes.

    13 May 2025
    With risk-on sentiment prevailing, the USD/JPY pair rises nearly 2% to around 148.00

    USD/JPY rises to 148.00 as US-China tariff truce boosts risk appetite, lifting US Dollar strength.

    13 May 2025
    US stocks rose sharply following tariff reductions on Chinese goods, with significant gains across indices

    US stocks soared as tariff reductions on Chinese goods boosted markets; Nasdaq marked best day since 2022.

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