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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

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

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

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

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

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

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

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

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

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

Canadian Dollar dips 0.3% amid strong USD, widened yield spread, trades near 1.39 fair value range.

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