Monthly Archives: May 2025
Commerzbank’s analyst observed that electric mobility growth is lowering worldwide oil demand, especially in China.
Written on May 20, 2025 at 1:40 pm, by anakin
Electric vehicle sales surge globally, led by China; projected to reach 20 million units sold this year.
Commerzbank’s analyst observes that China’s refineries mainly boosted inventories amid recent low oil prices
Written on May 20, 2025 at 1:10 pm, by anakin
China boosts oil inventories amid low prices, despite declining refinery activity and weakened apparent oil demand.
The New Zealand Dollar is expected to fluctuate between 0.5900 and 0.5950 against the US Dollar
Written on May 20, 2025 at 12:40 pm, by anakin
NZD expected to trade between 0.5900–0.5950 short term; broader 0.5835–0.5985 range long term.
Japan is contemplating the acceptance of reduced US tariff rates, foregoing a demand for exemption
Written on May 20, 2025 at 12:10 pm, by anakin
Japan may accept lower U.S. tariff rates without exemption ahead of bilateral talks scheduled for Friday.
In March, the Eurozone’s current account rose to €60.1 billion from €33.1 billion
Written on May 20, 2025 at 11:10 am, by anakin
Eurozone current account surplus rose to €60.1B in March, indicating improved trade and investment flows.
In March, the Eurozone’s current account reached €50.9 billion, exceeding expectations of €35.9 billion
Written on May 20, 2025 at 10:40 am, by anakin
Eurozone current account beats forecasts; EUR/USD holds strong. Gold dips as markets eye central bank signals.
The NZD/USD pair trades near 0.5950, experiencing consolidation while halting its recent gains
Written on May 20, 2025 at 10:10 am, by anakin
NZD/USD consolidates near 0.5930; bullish momentum targets 0.6000 with key support at 0.5913 EMA.
Around $62.00, WTI Oil trades lower as markets assess Russia-Ukraine peace talks’ impact on supply
Written on May 20, 2025 at 9:40 am, by anakin
WTI oil drops to $62 amid Russia-Ukraine ceasefire talks, weak China data, and OPEC supply concerns.
Forex market analysis: 20 May 2025
Written on May 20, 2025 at 9:18 am, by pavlo
Oil prices are moving sideways as traders weigh a mix of competing forces—from geopolitical tensions and supply uncertainties to uneven global demand. While Asia shows signs of strength, broader market sentiment remains cautious due to lingering concerns around global growth, especially in light of ongoing negotiations and shifting economic signals from major players like theContinue Reading
US stocks rose, with Emini S&P surpassing 5890, achieving the predicted targets of 5925/30 and 5950/60
Written on May 20, 2025 at 9:10 am, by anakin
Emini indices face resistance; support levels hold. Nasdaq profits exceed 400 ticks. EUR/USD steady; gold resilient.