Live Updates

    20 May 2025
    While the UK secures a trade deal with the EU, Pound Sterling strengthens against its rivals

    Pound Sterling rises on UK-EU reset, US debt downgrade, China tensions, and anticipated UK inflation data.

    20 May 2025
    UOB Group analysts anticipate the USD/CNH will rise slightly, remaining within a 7.1850/7.2450 bracket

    USD expected to trade within 7.1850–7.2450 range; momentum weak, resistance at 7.2330 holds.

    20 May 2025
    Commerzbank’s analyst observed that electric mobility growth is lowering worldwide oil demand, especially in China.

    Electric vehicle sales surge globally, led by China; projected to reach 20 million units sold this year.

    20 May 2025
    Commerzbank’s analyst observes that China’s refineries mainly boosted inventories amid recent low oil prices

    China boosts oil inventories amid low prices, despite declining refinery activity and weakened apparent oil demand.

    20 May 2025
    The New Zealand Dollar is expected to fluctuate between 0.5900 and 0.5950 against the US Dollar

    NZD expected to trade between 0.5900–0.5950 short term; broader 0.5835–0.5985 range long term.

    20 May 2025
    Japan is contemplating the acceptance of reduced US tariff rates, foregoing a demand for exemption

    Japan may accept lower U.S. tariff rates without exemption ahead of bilateral talks scheduled for Friday.

    20 May 2025
    In March, the Eurozone’s current account rose to €60.1 billion from €33.1 billion

    Eurozone current account surplus rose to €60.1B in March, indicating improved trade and investment flows.

    20 May 2025
    In March, the Eurozone’s current account reached €50.9 billion, exceeding expectations of €35.9 billion

    Eurozone current account beats forecasts; EUR/USD holds strong. Gold dips as markets eye central bank signals.

    20 May 2025
    The NZD/USD pair trades near 0.5950, experiencing consolidation while halting its recent gains

    NZD/USD consolidates near 0.5930; bullish momentum targets 0.6000 with key support at 0.5913 EMA.

    20 May 2025
    Around $62.00, WTI Oil trades lower as markets assess Russia-Ukraine peace talks’ impact on supply

    WTI oil drops to $62 amid Russia-Ukraine ceasefire talks, weak China data, and OPEC supply concerns.

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