Live Updates

    12 May 2025
    Officials from the US and China expressed optimism about trade discussions after initial talks in Geneva

    US-China trade talks show optimism; markets rise as future dialogue set; Trump targets drug price cuts.

    12 May 2025
    Currently, the US Dollar Index is hovering around 100.60, remaining under the channel’s upper limit

    US Dollar Index eyes breakout at 100.80; momentum builds above EMA, but RSI suggests lingering weakness.

    12 May 2025
    This year, IBIT has experienced the longest net inflow streak among spot bitcoin ETFs, exceeding $5 billion

    BlackRock’s IBIT sees 20-day inflow streak; Goldman Sachs boosts stake, aiding bitcoin price support.

    12 May 2025
    Due to trade optimism, the US Dollar rose, causing GBP to lose ground against it

    Pound falls against Dollar as US-China trade deal boosts USD; gold, Bitcoin remain subdued.

    12 May 2025
    Amidst US-China trade discussions, USD/CAD stabilises around 1.3940, buoyed by US Dollar strength

    USD/CAD holds steady as US-China tariffs persist, economic slowdown looms, and Canadian data remains mixed.

    12 May 2025
    Traders are eager for details on the US-China trade deal as WTI approaches $61.00

    WTI Crude climbs near two-week high amid US-China trade optimism and mixed global supply signals.

    12 May 2025
    The PBOC’s USD/CNY reference rate was 7.2066, lower than the estimated 7.2429 rate

    PBOC sets yuan midpoint, injects liquidity; markets watch for outcomes from China-U.S. trade discussions.

    12 May 2025
    Optimism regarding US-China trade eases tensions, prompting buyers to support NZD/USD above 0.5900

    NZD/USD rises on easing US-China trade tensions; Fed signals rate cuts amid global economic uncertainties.

    12 May 2025
    Goldman Sachs anticipates crude prices to decline, averaging $60/56 in 2025 and $56/52 in 2026

    Goldman Sachs forecasts falling Brent and WTI prices through 2026 due to global supply growth pressures.

    12 May 2025
    A joint statement from China and the US on trade talks is expected; timing remains unclear

    China and US agree to trade consultation mechanism; joint statement expected, hinting at positive developments.

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