Gold Climbs Amid Trade TensionsGold prices soared nearly 2% on Friday, May 23, 2025, reaching $3,359 after rebounding from a daily low of $3,287, driven by heightened safe-haven demand. The rally, which marked a 5% weekly gain, was spurred by a weakening U.S. dollar following President Donald Trump’s threat to …

Yields Decline Amid Trade War FearsU.S. Treasury yields fell across the curve on Friday, May 23, 2025, with the 10-year note yield slipping two basis points to 4.509%. The decline was triggered by President Donald Trump’s escalating tariff threats, including a proposed 25% tariff on iPhones not manufactured in the …

Pound Soars to Highest Level Since February 2022The GBP/USD pair surged past 1.3500, reaching 1.3538 on Friday, May 23, 2025, marking its highest level since February 2022 and gaining nearly 0.80% during the U.S. trading session. The pound’s rally was fueled by a combination of strong UK retail sales data …

Federal Reserve Governor Dr. Lisa Cook, speaking at a New York University event, observed that the U.S. economy exhibited strength in the first quarter. However, she highlighted emerging signs of strain in critical sectors, particularly housing and commercial real estate. While bond markets remained stable and functional during April’s trade-driven …

Trump’s Tariff Threat Triggers Euro DeclineThe EUR/JPY pair dropped sharply to near 161.00, a one-month low, during North American trading on Friday, May 23, 2025, driven by a weakening Euro (EUR). The slide followed a post by U.S. President Donald Trump on Truth.Social, where he threatened to impose a 50% …

Bitcoin Retreats from PeakBitcoin (BTC) declined to $109,110 on Friday, May 23, 2025, reflecting a 1.6% drop from its record high of $111,953.6 achieved on Thursday. The retreat was driven by profit-taking after a strong rally, coupled with significant overnight transfers, including over $670 million received by Coinbase Global. Despite …

The US economy teeters on the brink of stagflation—surging inflation, stagnant growth, and rising unemployment—driven by President Donald Trump’s $3.8 trillion tax bill, passed by the House on May 22, 2025, and now awaiting Senate approval. With a $36.2 trillion debt pile, Moody’s Aa1 downgrade, and tariff-driven price hikes, markets …

USD/JPY snapped a three-day slide on May 22, 2025, climbing 0.20% to 143.96 from a daily low of 142.80, as traders locked in profits on the yen’s safe-haven surge. Easing US Treasury yields and a slight dollar rebound countered fears over America’s $36 trillion debt pile, inflamed by President Donald …

The Dow Jones Industrial Average (DJIA) rallied to 42,000 on May 22, 2025, recovering from a midweek plunge as US bond yields eased and robust PMI data lifted spirits. President Donald Trump’s $4 trillion deficit-heavy tax bill cleared the House, heading to the Senate, but lingering debt fears and high …

G7 finance leaders concluded a summit hailed as “positive and successful,” advancing support for Ukraine and tackling global economic imbalances. A key focus was tightening sanctions on Russian energy, with proposals to lower the oil price cap to $50 per barrel, though deeper measures were deferred. Trade talks, clouded by …