Monthly Archives: May 2025
Following Trump’s comments about tariffs, gold rises nearly 1% to surpass $3,335 currently
Written on May 9, 2025 at 8:10 pm, by luna
Gold rebounds above $3,335 amid uncertainty over US-China trade talks and potential tariff reductions.
Forex market analysis: 9 May 2025
Written on May 9, 2025 at 7:47 pm, by luna
The Japanese stock market index, Nikkei 225, closed at its highest level since 27 March 2025, gaining 1.56% on Friday to end the session at 37,503.33. The move capped a strong week, with the index climbing 1.83% over the shortened holiday stretch and marking four straight weeks of advances. The broader Topix index surged 1.29% Continue Reading
Barkin remarked on the robustness of consumer spending and business investment, despite declines in restaurant spending and job openings
Written on May 9, 2025 at 7:45 pm, by luna
Consumer spending strong, but DC restaurant sales and job openings dip, hinting at shifting economic trends.
Despite a corrective wave IV, Lam Research (LRCX) shows continued bullish potential with wave V approaching
Written on May 9, 2025 at 7:40 pm, by luna
Lam Research’s bullish trend persists; wave IV correction offers entry before potential wave V move to all-time highs.
Hassett believes the UK trade agreement will inspire numerous upcoming deals, maintaining market stability and collaboration
Written on May 9, 2025 at 7:16 pm, by luna
Kevin Hassett highlights 24 trade deals nearing completion, predicts market stability and praises UK deal model.
After hitting $3,400, gold dipped below $3,300, with attention now on upcoming trade discussions
Written on May 9, 2025 at 7:10 pm, by luna
Gold prices dropped below $3,300 as trade optimism and Powell’s comments reduced demand for safe-haven assets.
Nasdaq Futures are expected to remain stable, with potential reversal opportunities based on key levels
Written on May 9, 2025 at 6:46 pm, by luna
Nasdaq futures remain range-bound; key levels signal potential breakouts. Mean reversion likely dominates today’s trading strategy.
A slight 0.2% increase in the Euro is observed as it approaches the NA session, according to Scotiabank’s strategist Shaun Osborne
Written on May 9, 2025 at 6:40 pm, by luna
The Euro gains slightly, stays below 1.13; ECB hints at June cuts amid tense EU-US trade.
Williams from the Fed acknowledged the current period of uncertainty and emphasised central bank independence
Written on May 9, 2025 at 6:15 pm, by luna
New York Fed’s Williams highlights uncertainty, transformation; stresses central bank independence benefits; no policy details provided.
In April, Mexico’s Consumer Confidence decreased to 45.5, a drop from 64.1 previously
Written on May 9, 2025 at 6:10 pm, by luna
Mexico consumer confidence plunges; gold rises amid global tensions; markets await US-China trade talks, CPI data.