Monthly Archives: May 2025
Andrew Bailey, Governor of the Bank of England, expressed support for US-UK trade deals and rate cuts
Written on May 8, 2025 at 5:41 pm, by anakin
Bank of England cuts rate to 4.25%, signals gradual easing amid inflation, wage pressures, and uncertainties.
A report indicates that the 10% tariff remains unchanged in the US-UK trade agreement
Written on May 8, 2025 at 5:16 pm, by anakin
US-UK trade deal keeps 10% tariff; focuses on automotive, steel sectors with potential future changes.
Core inflation in Mexico reached 0.49%, surpassing the anticipated rate of 0.47%
Written on May 8, 2025 at 5:10 pm, by anakin
Mexico’s core inflation rises slightly; strong US dollar impacts forex, gold; XRP gains amid crypto optimism.
Preliminary US Q1 unit labour costs rose 5.7%, while productivity experienced a decline of 0.8%
Written on May 8, 2025 at 4:45 pm, by anakin
Unit labour costs rose 5.7% while productivity fell 0.8%, signaling potential inflationary pressures ahead.
In April, Mexico’s annual inflation rate reached 3.93%, surpassing the anticipated 3.9%
Written on May 8, 2025 at 4:40 pm, by anakin
Mexico’s annual inflation hit 3.93% in April, slightly surpassing expectations and reflecting regional economic trends.
Attention is on the US March wholesale inventory report, expecting a potential revision increase.
Written on May 8, 2025 at 4:15 pm, by anakin
Market focus shifts to jobless claims, Q1 productivity, and wholesale inventories amid rising metal imports.
April’s headline inflation in Mexico exceeded expectations, recorded at 0.33% instead of 0.3%
Written on May 8, 2025 at 4:10 pm, by anakin
Mexico’s inflation slightly surpassed forecasts; US dollar strength impacted currencies, gold declined, while XRP gained momentum.
The EU plans countermeasures against US tariffs, proposing €95 billion in tariffs and restrictions
Written on May 8, 2025 at 3:46 pm, by anakin
EU seeks balanced trade solution with US, considers export restrictions, and plans WTO dispute over tariffs.
Following the Bank of England’s announcement, the GBP/JPY pair climbs towards 193.00 during afternoon trading
Written on May 8, 2025 at 3:40 pm, by anakin
GBP/JPY rises near 193.00 as BoE cuts rates; Pound strengthens despite divided policy outlook.
The Canadian Dollar is weakening against the US Dollar, lagging behind other G10 currencies
Written on May 8, 2025 at 3:10 pm, by anakin
Canadian Dollar dips 0.3% amid strong USD, widened yield spread, trades near 1.39 fair value range.