Monthly Archives: May 2025
Amidst geopolitical worries, gold prices increased more than 1% as the US dollar weakened
Written on May 10, 2025 at 10:40 am, by anakin
Gold rises over 1% as Dollar weakens; geopolitical tensions and central bank buying support bullion prices.
Trump mentioned a 10% tariff baseline, possible exemptions, and emphasised negotiating with China.
Written on May 10, 2025 at 9:15 am, by anakin
Trump proposes a 10% tariff baseline as negotiations with China begin, influencing early international discussions.
The Canadian job market faced challenges, while global markets reacted to trade uncertainties and economic forecasts
Written on May 10, 2025 at 8:46 am, by anakin
Canadian job growth exceeded forecasts but raised concerns due to temporary roles; US yields rose slightly.
Major US indices ended the day mixed, reflecting modest weekly declines overall.
Written on May 10, 2025 at 8:16 am, by anakin
Major indices ended mixed; Dow and S&P fell weekly, while NASDAQ and Russell 2000 diverged slightly.
US yields increased for the second consecutive week, with various maturities showing moderate rises
Written on May 10, 2025 at 7:45 am, by anakin
US Treasury yields rose for the second week, with modest increases across 2-, 5-, 10-, and 30-year bonds.
On Friday, the Canadian Dollar remained unchanged near 1.3900 against the US Dollar, lacking direction
Written on May 10, 2025 at 7:40 am, by anakin
CAD holds steady near 1.3900 as traders eye US-China talks; unemployment rises despite job gains.
Iran is getting ready to provide Russia with short-range ballistic missile launchers, causing US concerns
Written on May 10, 2025 at 7:15 am, by anakin
Iran plans to send missile launchers to Russia, escalating tensions and complicating U.S. foreign policy goals.
The USD/JPY pair lingers around resistance, awaiting a decision on its potential breakout in trading
Written on May 10, 2025 at 7:10 am, by anakin
USD/JPY stalls near resistance as momentum fades; market indecision persists amid mixed central bank signals.
Upcoming week features vital US economic data, UK GDP, Australian employment figures, and notable speeches
Written on May 10, 2025 at 6:46 am, by anakin
Key economic data next week includes UK jobs, US inflation, Australian employment, and US consumer sentiment.
The oil rig count decreased by five to 474, while natural gas rigs remained at 101.
Written on May 10, 2025 at 6:15 am, by anakin
U.S. rig count drops by six; oil rigs fall to 474, gas rigs remain steady at 101.