Monthly Archives: May 2025
Imports into Canada decreased from $71.63 billion to $70.4 billion during March
Written on May 6, 2025 at 6:07 pm, by anakin
Canada’s imports fell in March to $70.4 billion, reflecting changing trade dynamics and economic conditions.
The USD declines against major currencies, breaking various technical levels as market conditions evolve
Written on May 6, 2025 at 5:46 pm, by anakin
USD weakens before FOMC decision; EUR defends support, JPY drops, GBP eyes breakout; markets await data.
The Goods Trade Balance in the United States decreased from $-162 billion to $-163.5 billion
Written on May 6, 2025 at 5:37 pm, by anakin
U.S. trade deficit rose to $163.5 billion in March, highlighting persistent trade imbalances and economic concerns.
Amid political uncertainty in Germany, the Euro trades within a notably tight range, observes Osborne
Written on May 6, 2025 at 5:07 pm, by anakin
Euro stable amid German political uncertainty; European stocks fall; PMI expands; ECB commentary closely watched.
German political developments impacted the DAX, while China planned a press conference on financial policy
Written on May 6, 2025 at 4:46 pm, by anakin
Markets reacted to German politics, China’s stimulus hopes, Trump-Carney meeting, and mixed Eurozone economic data.
According to Scotiabank’s Shaun Osborne, CAD remains stable within a bullish trend channel against USD
Written on May 6, 2025 at 4:37 pm, by anakin
Canadian Dollar holds steady; focus on trade data and political meeting. USD/CAD shows gentle bearish trend.
The EU plans tariffs on €100 billion of US goods if trade talks remain unsuccessful, continuing threats
Written on May 6, 2025 at 4:15 pm, by anakin
EU may impose tariffs on €100 billion in US goods; markets may react via trading algorithms.
As the US Dollar weakens, EUR/USD rises close to 1.1360 amid political developments in Germany
Written on May 6, 2025 at 4:08 pm, by anakin
EUR/USD rises as U.S. Dollar weakens; ECB and Fed policy expectations influence currency markets and economic outlook.
Chinese officials, including PBoC representatives, plan a press conference regarding market-stabilising financial policies
Written on May 6, 2025 at 3:45 pm, by anakin
China to unveil financial policy package Wednesday to stabilize markets, featuring central bank and regulators’ officials.
Eli Lilly & Company operates globally in pharmaceuticals and aims for a new weekly trading high
Written on May 6, 2025 at 3:37 pm, by anakin
Eli Lilly’s stock shows bullish momentum, targeting $1155 post-correction; support holds above April 2025 low.