The US Dollar remains under intense downward pressure amid concerns that US trade policies could trigger stagflation in the country. Negative economic data further compounded the currency’s losses, which began at the start of trading on Tuesday, May 6, 2025.The US trade deficit hit a record -$140.5 billion in April, …
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Gold prices surged in Asian trading on Tuesday as renewed U.S. tariff threats rekindled safe-haven demand for the yellow metal, while investors remained cautious ahead of the U.S. Federal Reserve’s closely watched policy decision later in the day. As of 02:16 ET (06:16 GMT), spot gold rose 1% to $3,366.95 …
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European equity markets traded in a cautious manner on Tuesday, with investors grappling with renewed trade uncertainty, a packed central bank calendar, and ongoing corporate earnings releases. As of 03:15 ET (07:15 GMT), Germany’s DAX slipped 0.1%, while France’s CAC 40 was flat. The U.K.’s FTSE 100 gained 0.4%, rebounding …
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Gold prices extended strong gains in Asian trading on Tuesday, as a renewed wave of U.S. tariff announcements underpinned safe-haven demand for the metal, while investors remained on edge ahead of the Federal Reserve’s policy decision later in the day. Spot gold rose 1% to $3,366.95 per ounce by 02:16 …
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Bitcoin prices edged lower on Tuesday, continuing to trade within a narrow range as market participants remained cautious amid renewed concerns over U.S. trade tariffs and signs of a potential economic slowdown. The world’s largest cryptocurrency fell 0.4% to $94,375.7 as of 01:32 ET (05:32 GMT), extending its rangebound performance …
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Oil prices rose on Tuesday, recovering slightly from sharp losses in the previous session as traders took advantage of lower prices and returning Chinese markets supported buying sentiment. Brent crude rose $0.92 to $61.15 a barrel by 03:09 GMT. WTI crude gained $0.89 to $58.02 a barrel. Key Drivers: Monday’s …
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The US is gearing up for a flurry of trade deals, with Commerce Secretary Howard Lutnick signaling imminent agreements on May 5, 2025, though details remain elusive. President Donald Trump’s administration is pressing for open markets worldwide, but complex negotiations, particularly with Canada, are clouding the outlook. As markets grapple …
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President Donald Trump’s erratic trade signals are rattling global markets, sending shockwaves through currencies and equities as investors grapple with uncertainty. Mixed US and European economic data, released on May 5, 2025, have only deepened the volatility, with trade tensions poised to dictate price action. As Federal Reserve Chair Jerome …
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The GBP/JPY pair is treading water near 191.00, barely budging after Monday’s European session on May 5, 2025. Caught in a tight range, the pair reflects a market paralyzed by indecision, with mixed technical signals and global trade uncertainties clouding the outlook. As the UK and Japan navigate shifting economic …
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The EUR/USD pair is languishing around 1.1300, trapped in a listless consolidation as traders fixate on the Federal Reserve’s looming rate decision on May 6-7, 2025. With European data taking a backseat and trade policy uncertainties swirling, the pair struggles to find direction. Here’s why EUR/USD is stuck, what’s shaping …
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