The US is gearing up for a flurry of trade deals, with Commerce Secretary Howard Lutnick signaling imminent agreements on May 5, 2025, though details remain elusive. President Donald Trump’s administration is pressing for open markets worldwide, but complex negotiations, particularly with Canada, are clouding the outlook. As markets grapple …
Read More »Trump’s Trade Rhetoric Rocks Markets as Powell’s Fed Faces Data Deluge
President Donald Trump’s erratic trade signals are rattling global markets, sending shockwaves through currencies and equities as investors grapple with uncertainty. Mixed US and European economic data, released on May 5, 2025, have only deepened the volatility, with trade tensions poised to dictate price action. As Federal Reserve Chair Jerome …
Read More »GBP/JPY Stalls Near 191.00: Neutral Signals Clash as Trade Tensions Loom
The GBP/JPY pair is treading water near 191.00, barely budging after Monday’s European session on May 5, 2025. Caught in a tight range, the pair reflects a market paralyzed by indecision, with mixed technical signals and global trade uncertainties clouding the outlook. As the UK and Japan navigate shifting economic …
Read More »EUR/USD Drifts Near 1.1300 as Markets Brace for Fed’s Rate Decision
The EUR/USD pair is languishing around 1.1300, trapped in a listless consolidation as traders fixate on the Federal Reserve’s looming rate decision on May 6-7, 2025. With European data taking a backseat and trade policy uncertainties swirling, the pair struggles to find direction. Here’s why EUR/USD is stuck, what’s shaping …
Read More »Gold Rockets Past $3,320 as Dollar Dives and Fed Meeting Looms
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 »