Market Update

The Euro is under siege, tumbling against a resurgent US Dollar as markets navigate trade war developments and mixed economic signals. On Thursday, May 2, 2025, the EUR/USD pair dipped to 1.1290, extending its decline amid thin European liquidity due to Labor Day closures. With the Dollar buoyed by trade …

A massive selloff in China ahead of the May 1, 2025, Labour Day holiday sent gold prices crashing to a two-week low, highlighting the nation’s dominant role in the global market. Spot gold (XAU/USD) dropped to $3,238.29 per ounce as of May 2, 2025, down from recent peaks above $3,500. …

The U.S. Non-Farm Payroll (NFP) report, due May 2, 2025, will gauge the labor market’s strength as Trump’s tariffs—145% on Chinese imports and levies on Canada and Mexico—threaten economic stability. Despite rising jobless claims, the jobs picture may hold steady, boosting the dollar. This article unpacks NFP expectations, grounds the …

The GBP/USD pair dipped to 1.3295 on May 1, 2025, down 0.25%, as shifting risk sentiment and divergent monetary policies weigh on the pound. With UK manufacturing faltering and U.S. tariff policies stoking inflationary fears, the dollar is gaining traction. This article dissects the fundamental drivers behind the pair’s decline, …

Amazon’s first-quarter earnings for 2025, released on May 1, delivered a robust performance, driven by its cloud and advertising units, despite looming tariff threats from President Donald Trump. The company’s ability to exceed expectations underscores its resilience, but cautious guidance signals challenges ahead. Strategic investments in AI and infrastructure are …

The EUR/USD pair is consolidating around 1.1300 as of May 1, 2025, reflecting a pause in its recent ascent. Despite short-term technical hesitation, the euro’s bullish trend remains robust, driven by diverging economic and policy developments in the Eurozone and the United States. This article analyzes the fundamental factors shaping …

The Trump administration’s sweeping tariffs have cast a shadow over global markets, yet Meta and Microsoft are proving resilient, delivering stellar earnings that signal robust demand for AI-driven growth. As economic uncertainty looms, these tech giants are navigating challenges with agility, leveraging innovation to outpace tariff-related headwinds. This article unpacks …

The number of Americans filing for new unemployment benefits rose sharply last week, reaching a two-month high, according to Labor Department data released Thursday. However, the surge is largely attributed to seasonal factors, particularly school spring breaks in New York state, and may not yet signal a broader deterioration in …

The Bank of Japan (BOJ) left interest rates unchanged on Thursday, as expected, but issued a notably more cautious economic outlook for 2025 due to growing global trade risks, particularly from U.S. tariff policies. At the conclusion of its two-day policy meeting, the BOJ maintained its short-term benchmark interest rate …

Oil prices held steady on Thursday following a steep decline, as investors weighed Saudi Arabia’s willingness to tolerate lower prices, a potential increase in OPEC+ production, and weak U.S. economic data pointing to recession risks. Brent crude futures slipped 6 cents, or 0.1%, to $61.00 a barrel by 07:30 GMT. …