Gold prices took a sharp hit at the start of the trading week on May 12, 2025, dropping to $3,207.82—a two-week low—as a US-China trade truce reignited market optimism and pressured safe-haven assets. The agreement, which rolls back tariffs for 90 days, saw the US reduce levies on Chinese imports …

Wall Street kicked off the week with a dramatic surge, as the Dow Jones Industrial Average climbed approximately 1000 points on May 12, 2025, propelled by a US-China agreement to temporarily slash tariffs following two days of trade talks between Washington and Beijing. The index soared to 42,220 points, reflecting …

Brent Crude soared above $65 per barrel on May 12, 2025, climbing 2.37% to $65.40, fueled by a US-China 90-day tariff suspension that sparked a wave of risk-on sentiment across global markets. The temporary trade détente, easing tensions between the two economic giants, has bolstered expectations for stronger oil demand, …

The EUR/USD pair plummeted past 1.1100 on May 12, 2025, as the US Dollar surged following a landmark US-China agreement to slash tariffs by 115% for 90 days, a move unveiled after intense Geneva negotiations. This interim trade ceasefire, aimed at curbing soaring consumer inflation fears, propelled the US Dollar …

US Dollar closed the week higher, making use of a number of developments, including reaching a trade deal between USA and UK and announcing a starting point of trade talks between Washington and Beijing this weekend. The currency also soared after Federal Reserve Bank kept rates unchanged in May meeting …

The USD/JPY pair retreated to 145.00 on May 9, 2025, after failing to sustain gains above a one-month high of 146.20, driven by a softening US Dollar and mixed economic signals from the US. Japan’s robust March household spending data, up 2.10% year-over-year, bolstered the yen, while US stagflation fears …

Gold prices surged over 1% on May 9, 2025, reaching $3,325.39 per ounce, as a weakening US Dollar and escalating geopolitical tensions drove demand for safe-haven assets. The US Dollar Index (DXY) fell 0.32% to 100.31, pressured by declining US Treasury yields, while looming US-China trade talks and heightened India-Pakistan …

On May 9, 2025, President Donald Trump declared that the US would maintain a universal 10% tariff on imports, even as new trade agreements with other nations take shape, signaling a steadfast protectionist stance. While anticipating more trade deals in the coming weeks, Trump emphasized that exemptions would only apply …

The US Dollar retreated from its near-monthly peak on May 9, 2025, as a wave of stock buying swept through the New York Stock Exchange, draining market liquidity and shifting investor focus. Amid this shift, comments from Federal Reserve officials, including New York Fed President John Williams, hinted at a …

Gold prices dropped nearly 4% over two days to $3,305, retreating from a Tuesday peak above $3,400, as optimism from a US-UK trade deal fueled risk appetite and strengthened the US Dollar. The US Dollar Index (DXY) surged 0.85% to 100.71, pressuring precious metals, while the Federal Reserve’s steady rate …