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