Bitcoin experienced a notable downturn on May 12, 2025, slipping from a three-month peak of $105,720 to around $102,000, defying expectations after a US-China agreement eased trade tensions with a 90-day tariff suspension. This unexpected pullback has puzzled market observers, as the deal, which lowered import duties and hinted at …
Read More »Dow Jones Soars 1000 Points on US-China Tariff Cut Breakthrough
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 …
Read More »Weekly market recap: Stagflation and Fed in Focus
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 …
Read More »Trump Stands Pat on Tariffs Even as New Trade Pacts Loom
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 …
Read More »Wall Street Futures Muted as Investors Await U.S.-China Trade Talks; Nvidia Eyes China Chip Shift
U.S. stock futures traded cautiously on Friday, as market participants held back ahead of a key round of trade negotiations between Washington and Beijing this weekend, following Thursday’s optimism surrounding a U.S.-U.K. trade agreement. At 05:45 ET (09:45 GMT), Dow Jones Futures dipped 14 points, or 0.1%, while S&P 500 …
Read More »Gold Slides Under $3,310 as US-UK Trade Boost Lifts Dollar
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 …
Read More »Trump’s US-UK Trade Win Needs Fed’s Jet Fuel, Eyes China Tariff Relief
On May 8, 2025, President Donald Trump celebrated a landmark US-UK trade agreement, boosting market access and economic ties, while signaling potential tariff reductions with China ahead of crucial weekend talks. Criticizing Federal Reserve Chair Jerome Powell for holding rates steady, Trump argued that rate cuts would provide “jet fuel” …
Read More »Trump’s Trade Triumph: UK Deal Boosts Beef, Ethanol, and Economic Alignment
President Donald Trump made a flurry of remarks on Thursday, highlighting what he described as a major breakthrough in trade relations with the United Kingdom.Key TakeawaysJust concluded rare earth deal with Ukraine. Speaking with Zelenskiy soon. Reached breakthrough deal with UK. UK agreement increases access for beef, ethanol. UK will …
Read More »Bitcoin Nears $100K as Trade Deal Hopes Fuel Risk-On Rally
Bitcoin surged on Thursday, climbing toward the key psychological level of $100,000, as investor sentiment was buoyed by renewed hopes of a de-escalation in U.S. trade tensions. The gains followed comments from President Donald Trump that he would announce a “major” trade deal, stoking optimism that the administration’s tariff agenda …
Read More »Disney’s Earnings Magic Lifts US Stocks Despite Fed’s Gloomy Outlook
US stocks climbed higher, shrugging off a sobering Federal Reserve statement that warned of rising inflation and economic uncertainty. Fueled by optimism over upcoming US-China trade talks and standout earnings from companies like Disney, the Dow Jones and S&P 500 posted solid gains. The Fed’s decision to hold rates at …
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