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Monthly Archives: May 2025

The dollar weakened as early upward momentum faded, while traders focused on deficits and tax cuts

Written on May 14, 2025 at 11:16 am, by

Dollar slips despite rising yields; EUR/USD, GBP/USD, and AUD/USD test key technical levels amid shifting sentiment.

Amidst reduced trade tensions, gold struggles to maintain momentum, staying above the #3,200 mark

Written on May 14, 2025 at 11:10 am, by

Gold holds above $3,200 as Fed rate cut hopes weaken USD; trade optimism pressures safe-haven demand.

Australia’s banks demonstrate resilience according to Fitch Ratings, amidst anticipated earnings challenges and stable conditions

Written on May 14, 2025 at 10:46 am, by

Australian banks remain resilient with stable earnings, strong liquidity, and prudent capital, despite margin and rating pressure.

The US Dollar weakens, keeping USD/CAD below 1.3950 amid changing market sentiment and yield spreads

Written on May 14, 2025 at 10:40 am, by

USD/CAD weakens as US CPI slows; Canadian confidence drops, oil prices and trade tensions weigh on CAD.

At the European session’s start, the Indian Rupee strengthens, with EUR/INR rising to 95.49

Written on May 14, 2025 at 10:10 am, by

Indian Rupee strengthens as Euro and Pound rise; oil, inflation, and trade deficit impact currency value.

Baidu is set to trial its autonomous ride-hailing service Apollo Go in Europe, including Turkey

Written on May 14, 2025 at 9:45 am, by

Baidu plans European launch of Apollo Go, partnering with PostAuto and eyeing expansion into Turkey.

Lula aims to establish a currency system reducing dependency on a single currency source

Written on May 14, 2025 at 9:15 am, by

Brazil explores alternative currencies and deepens China ties, targeting reduced U.S. dependency and boosting trade infrastructure.

Germany’s consumer prices rose by 2.2% year-on-year, meeting projected expectations according to forecasts

Written on May 14, 2025 at 9:10 am, by

Germany’s inflation steady; EUR/USD, GBP/USD rise on weaker Dollar; gold dips; crypto shines amid optimism.

Dividend Adjustment Notice – May 14 ,2025

Written on May 14, 2025 at 8:49 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

Trump describes his relationship with China as outstanding and expresses willingness to negotiate with Xi

Written on May 14, 2025 at 8:46 am, by

Trump emphasized strong China relations and cooperation with Xi, while opposing Iran’s development of nuclear weapons.

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