Live Updates

    9 May 2025
    Carsten Fritsch observed Kazakhstan’s ongoing excessive oil production, lacking intentions for reductions in May

    Kazakhstan maintains high oil output in May, exceeding limits and risking pressure on global oil prices.

    9 May 2025
    China’s market must open to the US, as closed markets are outdated, according to Trump

    The US president urges China to open its market, highlighting benefits of free, open trade relations.

    9 May 2025
    As US/China trade discussions approach, the USD weakens while currencies recover from recent losses

    G10 currencies stabilise post-Fed; JPY, SEK outperform. Markets eye US-China talks, trade data, and Fed speakers.

    9 May 2025
    Kugler highlighted the US labour market’s stability and sustainability of 3.5% unemployment during employment assessment

    The US labor market remains steady, nearing full employment, with a 3.5% jobless rate seen sustainable.

    9 May 2025
    Potential advancement of USD/JPY faces resistance at 146.55 due to overbought market conditions

    USD rally faces resistance at 146.55; overbought conditions signal potential pullback with strong support at 143.90.

    9 May 2025
    Barr expressed the need for caution due to uncertainty impacting inflation and growth risks

    Strong growth persists, but trade uncertainties and tariffs raise inflation risks, prompting a cautious economic approach.

    9 May 2025
    The Pound Sterling excels against most currencies, benefiting from a US-UK trade agreement and BoE guidance

    Pound strengthens, supported by US-UK trade deal and BoE rate cut; economic outlook slightly improves.

    9 May 2025
    Barr stated that monetary policy can adapt, while tariffs may raise inflation and unemployment risks

    Tariffs create economic uncertainty, pressuring inflation and growth; the Federal Reserve remains vigilant and adaptable.

    9 May 2025
    Following a falling wedge breakout, the USD/CAD pair improves near 1.3920 as USD gains strength

    USD/CAD rises as US Dollar strengthens on Fed stance and trade optimism; eyes set on 1.4000 breakout.

    9 May 2025
    Following the trade deal, interest rate expectations have shifted, indicating potential changes from various banks

    Global tariff certainty drives hawkish repricing; central banks signal mixed rate paths amid shifting trade dynamics.

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