MGold is blazing a trail above $3,320, surging over 2.47% as the US Dollar crumbles and markets brace for the Federal Reserve’s May 6-7, 2025, meeting. Despite upbeat US economic data signaling resilience, rising Treasury yields, and tariff-driven inflation fears, gold’s bullish momentum is unstoppable. With the Fed expected to …
Read More »Dow Climbs 100 Points on PMI Strength, but Trade Tensions Cap Gains
The Dow Jones Industrial Average tacked on another 100 points on Monday, May 5, 2025, riding a wave of upbeat US economic data despite nagging trade policy uncertainties. A stronger-than-expected ISM Services PMI bolstered industrial stocks, yet inconsistent trade signals are keeping investor enthusiasm in check. With the Federal Reserve …
Read More »Dollar Dips as Trade Uncertainty and Taiwan’s Surge Stir Markets
The US Dollar is stumbling, sliding to 99.93 on Monday, May 5, 2025, as renewed trade tensions and a historic Taiwan Dollar rally disrupt markets. Despite upbeat US economic data, thin holiday trading and shifting trade deal expectations are weighing on the Greenback. With the Federal Reserve’s next moves in …
Read More »European Stocks Steady as Markets Await US-China Trade Developments and Fed Meeting
European shares traded largely flat on Monday, with investors focused on upcoming U.S.-China trade talks, key corporate earnings, and the U.S. Federal Reserve’s policy decision later this week. STOXX 600 index: Up 0.1% as of 08:29 GMT, breaking above its April 2 level for the first time since U.S. President …
Read More »Oil Prices Drop Sharply as OPEC+ Announces Large Output Increase
Oil prices fell significantly in Asian trading on Monday, after OPEC+ surprised markets by announcing a bigger-than-expected production hike for June. This development added to ongoing concerns about a supply glut and weakening global demand. Brent crude fell by 3.6% to $59.10 per barrel West Texas Intermediate (WTI) dropped by …
Read More »Bitcoin Slips in Quiet Trade as Market Awaits Clearer U.S.-China Signals
Bitcoin dipped in low-volume trading on Monday, with most Asian markets closed for holidays and sentiment subdued by mixed signals around U.S.-China trade relations. Bitcoin fell 1.7% to $94,437.8 by early Asia hours, remaining in the $92K–$97K range it has been stuck in for a week. Key Drivers: Trump’s Trade …
Read More »Gold Rebounds Modestly as Dollar Weakens, But Trade Optimism and Fed Caution Limit Upside
Gold prices edged higher in early Asian trading on Monday, recovering from last week’s losses as the U.S. dollar softened. However, gains were capped by growing optimism around potential U.S.-China trade talks and investor caution ahead of this week’s Federal Reserve policy meeting. Spot Gold rose 0.5% to $3,255.95 per …
Read More »Financial Markets’ Weekly Recap: US Economy, Earnings, Growth, and Jobs in Focus
North American Markets: Seizing Opportunities in VolatilityNorth American financial markets reflect a tale of resilience and divergence. The US economy shows strength in earnings and jobs but faces tariff-driven stagflation risks. In the Eurozone, GDP grew by 0.3% in Q1 2025, supported by increased consumer spending in Germany and France, …
Read More »Fed Rate Cut Hopes Fade as Robust Jobs Data Signals Steady Policy
The US labor market’s surprising strength has slammed the brakes on expectations for Federal Reserve rate cuts, with markets now pricing in just a 3% chance of a 25-basis-point reduction at the May 6-7, 2025, meeting. April’s Nonfarm Payrolls report, showcasing robust job growth and steady wages, has shifted the …
Read More »Gold Stabilizes as Investors Pivot to Dollar and Bonds Amid Economic Shocks
Gold prices are buckling under pressure, sliding to $3,225 per ounce, before stablizing at the $3,240 mark, despite economic red flags that should have sent investors scrambling for safe havens. A surprise GDP contraction and mixed US jobs data failed to ignite a rally, as traders instead poured into the …
Read More »