Market Update

Gold is roaring back, climbing 2.9% to $3,431.14 per ounce on Tuesday, May 6, 2025, its highest since April 22. Fueled by China’s post-holiday buying spree and jitters over looming US pharmaceutical tariffs, the yellow metal is defying a struggling US Dollar. With the Federal Reserve’s policy decision looming, investors …

Canadian Prime Minister Mark Carney and US President Donald Trump locked horns in a tense White House summit on May 6, 2025, as trade disputes and Trump’s provocative rhetoric took center stage. Carney, rebuffing Trump’s repeated calls to make Canada the “51st US state,” declared his nation “not for sale,” …

US Treasury yields are retreating, dipping to 4.301% on Tuesday, May 6, 2025, after a successful 10-year bond auction drove up bond values, which move inversely to yields. Despite early gains fueled by strong corporate earnings, tariff concerns and stagflation fears have triggered a surge in bond buying, reshaping market …

The USD/CHF pair is faltering, slipping below 0.9100 on Tuesday, May 6, 2025, as the US Dollar wilts under pressure from President Donald Trump’s trade policies and a looming Federal Reserve decision. Switzerland’s flat inflation and growing expectations for a Swiss National Bank (SNB) rate cut are bolstering the Franc, …

US stocks have been declining since the start of trading on Tuesday, influenced by statements from American companies laden with messages of uncertainty regarding the expected impact of the Trump administration’s trade policies and the potential economic damage and losses these companies may face due to customs tariffs.These statements came …

The US Dollar remains under intense downward pressure amid concerns that US trade policies could trigger stagflation in the country. Negative economic data further compounded the currency’s losses, which began at the start of trading on Tuesday, May 6, 2025.The US trade deficit hit a record -$140.5 billion in April, …

Gold prices surged in Asian trading on Tuesday as renewed U.S. tariff threats rekindled safe-haven demand for the yellow metal, while investors remained cautious ahead of the U.S. Federal Reserve’s closely watched policy decision later in the day. As of 02:16 ET (06:16 GMT), spot gold rose 1% to $3,366.95 …

European equity markets traded in a cautious manner on Tuesday, with investors grappling with renewed trade uncertainty, a packed central bank calendar, and ongoing corporate earnings releases. As of 03:15 ET (07:15 GMT), Germany’s DAX slipped 0.1%, while France’s CAC 40 was flat. The U.K.’s FTSE 100 gained 0.4%, rebounding …

Gold prices extended strong gains in Asian trading on Tuesday, as a renewed wave of U.S. tariff announcements underpinned safe-haven demand for the metal, while investors remained on edge ahead of the Federal Reserve’s policy decision later in the day. Spot gold rose 1% to $3,366.95 per ounce by 02:16 …

Bitcoin prices edged lower on Tuesday, continuing to trade within a narrow range as market participants remained cautious amid renewed concerns over U.S. trade tariffs and signs of a potential economic slowdown. The world’s largest cryptocurrency fell 0.4% to $94,375.7 as of 01:32 ET (05:32 GMT), extending its rangebound performance …