Monthly Archives: May 2025
According to Bessent, Trump prefers an 80% tariff on China, differing from previous lower reports
Written on May 9, 2025 at 3:15 pm, by luna
Trump proposes 80% China tariff, signaling tougher trade stance; contrasts with earlier 50-54% reduction reports.
Carsten Fritsch observed Kazakhstan’s ongoing excessive oil production, lacking intentions for reductions in May
Written on May 9, 2025 at 3:10 pm, by luna
Kazakhstan maintains high oil output in May, exceeding limits and risking pressure on global oil prices.
China’s market must open to the US, as closed markets are outdated, according to Trump
Written on May 9, 2025 at 2:45 pm, by luna
The US president urges China to open its market, highlighting benefits of free, open trade relations.
As US/China trade discussions approach, the USD weakens while currencies recover from recent losses
Written on May 9, 2025 at 2:40 pm, by luna
G10 currencies stabilise post-Fed; JPY, SEK outperform. Markets eye US-China talks, trade data, and Fed speakers.
Kugler highlighted the US labour market’s stability and sustainability of 3.5% unemployment during employment assessment
Written on May 9, 2025 at 2:16 pm, by luna
The US labor market remains steady, nearing full employment, with a 3.5% jobless rate seen sustainable.
Potential advancement of USD/JPY faces resistance at 146.55 due to overbought market conditions
Written on May 9, 2025 at 2:10 pm, by luna
USD rally faces resistance at 146.55; overbought conditions signal potential pullback with strong support at 143.90.
Barr expressed the need for caution due to uncertainty impacting inflation and growth risks
Written on May 9, 2025 at 1:46 pm, by luna
Strong growth persists, but trade uncertainties and tariffs raise inflation risks, prompting a cautious economic approach.
The Pound Sterling excels against most currencies, benefiting from a US-UK trade agreement and BoE guidance
Written on May 9, 2025 at 1:40 pm, by luna
Pound strengthens, supported by US-UK trade deal and BoE rate cut; economic outlook slightly improves.
Barr stated that monetary policy can adapt, while tariffs may raise inflation and unemployment risks
Written on May 9, 2025 at 1:15 pm, by luna
Tariffs create economic uncertainty, pressuring inflation and growth; the Federal Reserve remains vigilant and adaptable.
Following a falling wedge breakout, the USD/CAD pair improves near 1.3920 as USD gains strength
Written on May 9, 2025 at 1:10 pm, by luna
USD/CAD rises as US Dollar strengthens on Fed stance and trade optimism; eyes set on 1.4000 breakout.
