Market Update

The British Pound (GBP) has enjoyed a robust rally in recent weeks, with its strength evident in the EUR/GBP exchange rate’s notable descent. After touching a year-high near 0.8738 on April 11, the pair has since dropped below 0.84, currently finding significant support around its 200-day simple moving average (SMA) …

OPEC+ is set to hold a key meeting on Wednesday to deliberate on long-term production baselines for 2027, as the group navigates internal differences over quotas, according to Reuters, citing two delegates familiar with the matter. A separate meeting on Saturday may result in a decision to accelerate oil output …

U.S. stock index futures hovered near flat in early Wednesday trading, as investors caught their breath following a robust rally sparked by easing tariff tensions. Market focus has now shifted to the upcoming earnings release from chipmaker Nvidia (NASDAQ:NVDA) and fresh updates on global trade policy. At 06:42 a.m. ET, …

Germany’s job market took a heavier hit than expected in May, with the number of unemployed rising by 34,000 to 2.96 million in seasonally adjusted terms, data from the Federal Labour Office showed Wednesday. The increase far exceeded analyst expectations of a 10,000 rise and pushed the unemployment rate closer …

Gold prices edged lower in Asian trading on Wednesday, weighed down by a revival in risk appetite after U.S. President Donald Trump delayed plans to impose steep tariffs on the European Union. The move, which helped lift equity markets and investor sentiment, reduced demand for safe-haven assets like gold. Spot …

Oil prices rose in Asian trade on Wednesday, supported by growing concerns over potential new sanctions on Russia and disruptions in Venezuelan crude flows, alongside uncertainty ahead of a crucial OPEC+ meeting later this week. As of 21:28 ET (01:28 GMT), Brent crude futures for July delivery climbed 0.7% to …

Soaring Debt Levels Threaten Fiscal StabilityIn May 2025, government bonds in the US and Europe are under intense pressure from unprecedented debt burdens and concerns over fiscal sustainability. As of March 2025, US national debt stands at $36.56 trillion, or roughly 126% of GDP, with projections suggesting it could exceed …

Bond Yields Retreat Amid Easing Trade TensionsU.S. Treasury yields fell on Tuesday, May 27, 2025, following positive developments in trade negotiations between the United States and the European Union. The decline comes after a period of heightened yields driven by fears of escalating tariffs since their imposition on April 2, …

Franc Weakens Amid Dollar RecoveryThe Swiss Franc (CHF) continued its decline against the U.S. dollar on Tuesday, May 27, 2025, pressured by a strengthening dollar and remarks from Swiss National Bank (SNB) Governor Martin Schlegel. The USD/CHF pair rose to 0.8273, up from the previous session’s close of 0.8210, with …

SNB Signals Steady Policy ApproachOn Tuesday, May 27, 2025, Swiss National Bank (SNB) Governor Martin Schlegel emphasized a focus on long-term price stability rather than reacting to short-term inflation fluctuations. Speaking on the potential for negative inflation in the coming months, Schlegel noted that such readings would not automatically trigger …