Monthly Archives: May 2025
Mann expressed concerns over rising household inflation expectations and ongoing goods price inflation in the UK
Written on May 14, 2025 at 12:16 pm, by luna
BOE’s Mann cites resilient UK labour market, warns of inflation expectations, shifts to hawkish policy stance.
The Turkish balance of payments data indicate potential risk of reversed foreign capital flows amidst volatility
Written on May 14, 2025 at 12:10 pm, by luna
Turkey’s market turmoil in March saw capital outflows, lira weakness, and inconsistent monetary and FX policies.
China has issued rare earth export permits, primarily to European and Vietnamese clients, excluding the US
Written on May 14, 2025 at 11:46 am, by luna
China grants rare earth export permits to Europe and Vietnam, excluding U.S., amid tighter restrictions.
The dollar weakened as early upward momentum faded, while traders focused on deficits and tax cuts
Written on May 14, 2025 at 11:16 am, by luna
Dollar slips despite rising yields; EUR/USD, GBP/USD, and AUD/USD test key technical levels amid shifting sentiment.
Amidst reduced trade tensions, gold struggles to maintain momentum, staying above the #3,200 mark
Written on May 14, 2025 at 11:10 am, by luna
Gold holds above $3,200 as Fed rate cut hopes weaken USD; trade optimism pressures safe-haven demand.
Australia’s banks demonstrate resilience according to Fitch Ratings, amidst anticipated earnings challenges and stable conditions
Written on May 14, 2025 at 10:46 am, by luna
Australian banks remain resilient with stable earnings, strong liquidity, and prudent capital, despite margin and rating pressure.
The US Dollar weakens, keeping USD/CAD below 1.3950 amid changing market sentiment and yield spreads
Written on May 14, 2025 at 10:40 am, by luna
USD/CAD weakens as US CPI slows; Canadian confidence drops, oil prices and trade tensions weigh on CAD.
At the European session’s start, the Indian Rupee strengthens, with EUR/INR rising to 95.49
Written on May 14, 2025 at 10:10 am, by luna
Indian Rupee strengthens as Euro and Pound rise; oil, inflation, and trade deficit impact currency value.
Baidu is set to trial its autonomous ride-hailing service Apollo Go in Europe, including Turkey
Written on May 14, 2025 at 9:45 am, by luna
Baidu plans European launch of Apollo Go, partnering with PostAuto and eyeing expansion into Turkey.
Lula aims to establish a currency system reducing dependency on a single currency source
Written on May 14, 2025 at 9:15 am, by luna
Brazil explores alternative currencies and deepens China ties, targeting reduced U.S. dependency and boosting trade infrastructure.
