Monthly Archives: May 2025
The April Services PMI for Japan exceeded predictions, coming in at 52.4 rather than 52.2
Written on May 7, 2025 at 6:40 am, by luna
Japan’s services grow, USD strengthens on trade optimism, gold dips, Bitcoin nears resistance, central banks await.
The Chief of the People’s Bank of China, Pan Gongsheng, will hold a press conference soon
Written on May 7, 2025 at 6:16 am, by luna
PBOC Governor Pan Gongsheng to speak; major financial updates expected from China’s key regulators.
The EUR/USD pair lingered around the 1.1300 mark as traders anticipated pivotal Fed developments
Written on May 7, 2025 at 6:10 am, by luna
EUR/USD steadies near 1.1300 as traders await Fed decision; markets watch for rate-cut signals.
Progress has been made in US-UK trade talks on steel and autos, but timing remains uncertain
Written on May 7, 2025 at 5:45 am, by luna
US-UK trade talks advance on steel and vehicles; timeline unclear amid tariff and regulatory uncertainties.
The Labour Cost Index in New Zealand reported a quarterly increase of 0.4%, missing forecasts
Written on May 7, 2025 at 5:40 am, by luna
New Zealand’s Labour Cost Index rose 0.4% in Q1, slightly below the expected 0.5% increase.
The API reported the US crude oil stock at -4.49M, falling short of predictions
Written on May 7, 2025 at 5:10 am, by luna
U.S. crude stocks fall sharply; markets steady as traders await major central bank policy decisions this week.
The actual weekly crude oil stock in the United States was lower than expected at -4.49M
Written on May 7, 2025 at 5:07 am, by luna
Crude oil stock drops, currencies steady, gold corrects, Bitcoin nears $100K amid global policy shifts.
New Zealand’s unemployment rate decreased to 5.1%, employment change slightly improved but annual decline persists
Written on May 7, 2025 at 4:46 am, by luna
New Zealand’s unemployment steady at 5.1%; wage growth slows; global trade talks may influence currencies.
Despite a tease of a major announcement from Trump, Merck’s shares fell below $80
Written on May 7, 2025 at 4:37 am, by luna
Merck shares fall 4.8% amid tariff fears; policy uncertainty pressures pharma stocks and investment outlook.
As traders prepared for rate decisions, the Pound Sterling rose beyond 1.3350 against the Dollar
Written on May 7, 2025 at 4:07 am, by luna
Pound Sterling rises again, trading near 1.34 as markets await key central bank policy decisions.
