Monthly Archives: May 2025
Bessent expressed optimism about imminent trading agreements and resilient market data amidst ongoing negotiations
Written on May 5, 2025 at 10:15 pm, by luna
Scott Bessent expressed optimism about trade talks, citing promising proposals and potential tariff reductions with partners.
The ISM Services New Orders Index in the United States increased from 50.4 to 52.3
Written on May 5, 2025 at 10:04 pm, by luna
ISM Services Index rises; USD weakens; gold surges; Bitcoin falls; tariff uncertainty persists; trading guide released.
Buyers of GBPUSD failed to maintain momentum above key moving averages, enabling sellers to regain control
Written on May 5, 2025 at 9:45 pm, by luna
GBPUSD sellers reclaim control as price falls below key support; further declines could test deeper levels.
Twist Bioscience announces a quarterly loss of $0.66, exceeding revenue expectations despite a year-on-year improvement
Written on May 5, 2025 at 9:34 pm, by luna
Twist Bioscience posts narrower loss, misses estimates; revenue climbs, but stock down 15.6% year-to-date.
In U.S. trading, EURUSD failed to sustain above 200-hour MA, shifting power back to sellers
Written on May 5, 2025 at 9:15 pm, by luna
EURUSD struggles to hold gains above key averages, with sellers eyeing crucial support at 1.12505.
US S&P Global Composite PMI measured 50.8, underperforming against forecasts of 51.2
Written on May 5, 2025 at 9:04 pm, by luna
US PMI at 50.8 signals slowdown; gold rises on tensions; crypto dips; forex shifts on dollar weakness.
India proposed zero tariffs on auto parts and steel to the US, contingent on reciprocity.
Written on May 5, 2025 at 8:45 pm, by luna
India proposes zero tariffs on auto parts and steel, pending reciprocal U.S. action amid ongoing negotiations.
The S&P Global Composite PMI for the US was 50.6, under the expected 51.2
Written on May 5, 2025 at 8:34 pm, by luna
US PMI dips to 50.6; USD weakens, lifting EUR/USD and gold; crypto market sees sharp outflows.
After rebounding from the 100-hour MA, NZDUSD targets 0.6000 resistance level for potential gains
Written on May 5, 2025 at 8:16 pm, by luna
NZDUSD gains bullish momentum, breaking key moving averages, with resistance near 0.6000 and targets higher.
In April, the S&P Global Services PMI for the US registered at 50.8, missing forecasts
Written on May 5, 2025 at 8:04 pm, by luna
U.S. Services PMI dips to 50.8 in April, signaling slower-than-expected growth in sector activity.
