Monthly Archives: May 2025
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 anakin
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 anakin
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 anakin
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 anakin
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 anakin
Pound Sterling rises again, trading near 1.34 as markets await key central bank policy decisions.
China’s Vice Premier He Lifeng will meet US Treasury Secretary Bessent for trade discussions in Switzerland
Written on May 7, 2025 at 3:45 am, by anakin
China’s He Lifeng to meet US Treasury Secretary Bessent in Switzerland, boosting markets and trade hopes.
Anticipation surrounded the Fed’s interest rate decision as the US Dollar remained under pressure in trading
Written on May 7, 2025 at 3:37 am, by anakin
US Dollar weakens; EUR, GBP, JPY, AUD gain. Focus shifts to global economic data and commodity prices.
The Australian dollar rises following reports of a meeting between US officials and China’s Vice Premier
Written on May 7, 2025 at 3:15 am, by anakin
Australian dollar rises amid hopes US-China meeting may ease trade tensions and boost China’s economic outlook.
As market pressures relaxed, the Canadian Dollar appreciated against the US Dollar, achieving recent highs
Written on May 7, 2025 at 3:07 am, by anakin
Canadian Dollar strengthens amid USD weakness, rate cut expectations, weak Canadian data, and potential USMCA renegotiations.
Reports indicate that Bessent and Greer are set to engage with a Chinese economic representative in Switzerland, boosting the USD and US equity index futures.
Written on May 7, 2025 at 2:45 am, by anakin
Bessent’s Switzerland visit boosts US dollar and equity futures, amid talks with China’s Vice Premier.