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Monthly Archives: May 2025

After a rally, the Taiwan dollar declined as market officials urged caution and speculation restraint

Written on May 6, 2025 at 8:46 am, by

Taiwan dollar weakens after rally; central bank intervenes to curb speculation and stabilize currency markets.

In April, the actual HCOB Services PMI for Spain was 53.4, under the expected 53.9

Written on May 6, 2025 at 8:37 am, by

Spain’s service sector underwhelms; EUR/USD rises, gold surges, AI crypto stays firm, tariff uncertainty lingers.

Trump is scheduled to meet Prime Minister Carney; Lutnick discussed complexities of a potential trade deal

Written on May 6, 2025 at 8:16 am, by

Trump and Canadian PM Carney to meet Tuesday; potential trade deal discussed amid complex negotiations, says Lutnick.

At the European session’s onset, the Euro strengthens against the Indian Rupee, currently 95.65

Written on May 6, 2025 at 8:07 am, by

Indian Rupee gains as demand rises; inflation, oil prices, trade deficit influence currency fluctuations and investment trends.

Dividend Adjustment Notice – May 06 ,2025

Written on May 6, 2025 at 7:58 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”. Please refer to the table below for more details: Continue Reading

The PBOC established a USD/CNY reference rate of 7.2008, below the estimated 7.2518

Written on May 6, 2025 at 7:46 am, by

PBOC manages yuan’s exchange rate; recent operations led to a 682 billion yuan net liquidity drain.

In April, the change in Spain’s unemployment recorded a decrease of 67.42K, underperforming expectations

Written on May 6, 2025 at 7:37 am, by

Spain’s unemployment fell by 67.42K in April, surpassing expectations and indicating stronger job market improvement.

The PBOC will likely set the USD/CNY reference rate at 7.2518, according to Reuters

Written on May 6, 2025 at 7:16 am, by

The PBOC sets a daily midpoint for yuan trading, guiding its movement within a controlled 2% band.

In April, Spain’s unemployment change decreased to -67.4K, a drop from -13.311K

Written on May 6, 2025 at 7:07 am, by

Spain’s unemployment improved in April with a -67.4K change, reflecting fewer individuals becoming unemployed.

The frequency of “recession” in S&P 500 earnings calls has reached its peak since 2023

Written on May 6, 2025 at 6:46 am, by

Mentions of recession surge in earnings calls amid strong earnings, inflation worries, and tariff-related uncertainties.

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