Live Updates

    1 April 2025
    OpenAI’s CEO announced 1 million ChatGPT users joined within an hour, boosting chip demand dramatically

    ChatGPT’s explosive growth boosts demand for AI chips, benefiting Nvidia, AMD, and Broadcom amid AI surge.

    1 April 2025
    Ahead of US data, gold price stabilises just above $3,130 after earlier gains diminished

    Gold nears $3,132 amid tariff concerns; traders eye Fed policy, payroll data, and technical resistance levels.

    1 April 2025
    Following the RBA’s policy decision, the AUD/USD pair remains steady near 0.6250

    AUD/USD steady at 0.6250; RBA holds rates. Inflation, China’s outlook, and US tariffs weigh.

    1 April 2025
    Risk sentiment remains positive as Trump promises lower tariffs, impacting stocks and bitcoin favourably

    Positive tariff signals boost risk sentiment; markets await Trump’s plan and key US economic data releases.

    1 April 2025
    Greene expressed concerns over rising inflation expectations and uncertainties in the UK’s economic landscape

    Megan Greene warns of persistent inflation risks, unexpected wage growth, and labour market slack impacting forecasts.

    1 April 2025
    Cautious interventions by the Swiss National Bank were highlighted by Commerzbank’s analyst Michael Pfister

    SNB cautiously intervenes in currency markets, signaling comfort with franc’s current position amid balance concerns.

    1 April 2025
    Italy’s manufacturing PMI declined to 46.6, signalling worsening conditions and persistent challenges within the sector

    Italy’s manufacturing PMI fell to 46.6 in March, signaling contraction amid rising costs and weak demand.

    1 April 2025
    Prices for silver remained relatively stable, showing minimal change in the market today

    Silver prices dipped slightly to $34.06 as the Gold/Silver ratio rose, signaling potential undervaluation.

    1 April 2025
    Swiss March manufacturing PMI fell to 48.9, indicating ongoing contraction for the 27th month

    Swiss manufacturing PMI slid to 48.9 in March, marking 27 months of contraction amid protectionist concerns.

    1 April 2025
    At the European session’s start, rare metals, including palladium and platinum, experienced a downturn

    Palladium and platinum prices drop amid industrial demand shifts, supply concerns, and fluctuating global economic conditions.

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