Market Update

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 …

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 …

Oil prices extended gains on Friday, with benchmarks poised to end the week higher as optimism around easing U.S.-China trade tensions and a newly announced U.S.-U.K. trade framework lifted market sentiment. Brent crude futures rose by 83 cents, or 1.3%, to $63.27 a barrel by 09:05 GMT, while U.S. West …

The U.S. dollar slipped slightly in early European hours on Friday, though it remained on track for a modest weekly gain, supported by lessened trade tensions and expectations that the Federal Reserve will hold off on cutting interest rates in the near term. At 04:30 ET (08:30 GMT), the U.S. …

European equity markets rose on Friday, buoyed by optimism that the newly signed trade framework between the United States and the United Kingdom could serve as a model for future agreements, potentially easing global trade tensions. At 03:10 ET (07:10 GMT), the DAX in Germany and the CAC 40 in …

Gold prices edged higher in Asian trading on Friday, recovering from two days of sharp declines, as investors remained cautious ahead of scheduled U.S.-China trade talks and assessed the limited impact of a newly signed trade framework between the United States and the United Kingdom. Spot gold rose 0.4% to …

Oil prices extended gains on Friday, building on a sharp rally in the prior session, as easing trade tensions between the United States and China and a fresh trade agreement between the U.S. and Britain lifted market sentiment. However, concerns over increased OPEC+ supply and geopolitical risks in South Asia …

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 …