Monthly Archives: May 2025
Trading around 0.6400, the AUD/USD pair rebounds after Chinese trade balance data influences market sentiment
Written on May 9, 2025 at 7:10 am, by anakin
AUD/USD steadies near 0.6400 amid Chinese trade data; Australian Dollar reacts to exports, iron ore.
China’s export growth is expected to decline sharply to 1.9% amid increasing tariffs and weak demand
Written on May 9, 2025 at 6:46 am, by anakin
China’s export growth slowed sharply in April; imports declined further, reflecting weak demand and tariff impacts.
Beijing’s Vice Foreign Minister expressed complete confidence in handling trade matters with the US
Written on May 9, 2025 at 6:40 am, by anakin
China confident on US trade talks; citizens trust economic strength. Tariffs remain contentious amid global negotiations.
Bitcoin reaches approximately US$104K, with renewed interest from El Salvador boosting its value upwards
Written on May 9, 2025 at 6:15 am, by anakin
Bitcoin surges to $104,000 as interest grows; El Salvador boosts holdings, fueling further cryptocurrency momentum.
In April, China’s trade balance fell to 689.99 billion CNY, down from 736.72 billion CNY
Written on May 9, 2025 at 6:10 am, by anakin
China’s trade balance dropped; EUR/USD rebounded; gold fell; Ripple stable; FOMC held rates steady.
China plans to purchase approximately US$900 million in agricultural products from Argentina, bypassing the US
Written on May 9, 2025 at 5:45 am, by anakin
China to buy $900M of Argentine soybeans, corn, oils, bypassing U.S. amid trade tensions.
In April, actual year-on-year China imports surpassed expectations, registering 0.8% against a predicted -5.9%
Written on May 9, 2025 at 5:40 am, by anakin
China’s imports rise unexpectedly; EUR/USD rebounds; Gold dips; Ripple consolidates; Fed holds interest rates steady.
The Bank of England cut rates and the UK announced a trade deal with the US
Written on May 9, 2025 at 5:16 am, by anakin
Bank of England lowers rates; US-UK strike trade deal; markets rise; USD strengthens; Bitcoin surges.
In April, Japan’s foreign reserves increased to $1298.2 billion from $1272.5 billion
Written on May 9, 2025 at 5:11 am, by anakin
Japan’s reserves rise; USD/JPY dips. Gold rebounds; Ripple steady post-SEC deal. Fed holds interest rates steady.
The UK agreement assists, while Lutnick seeks a trade pact with a major Asian nation
Written on May 9, 2025 at 4:45 am, by anakin
US emphasizes Asian trade deals to diversify supply chains and stabilize international trade, favoring 10% tariff agreements.