Live Updates

6 May 2025
After reaching a five-month peak, AUD/USD has fallen to approximately 0.6450 due to USD strength

AUD/USD dips to 0.6450 amid stronger USD; China’s economy, Iron Ore, and RBA moves influence outlook.

6 May 2025
Vitesse Energy Inc will reduce its planned capital expenditures by 32% amid market challenges

Vitesse Energy cuts capital spending 32% amid oil price decline, adjusting to economic market uncertainties.

6 May 2025
Amid mixed signals, the Pound maintains stability around the 191.00 mark in GBP/JPY trading

GBP/JPY remains range-bound near 191.00 as mixed indicators and strong resistance levels limit clear direction.

6 May 2025
The central bank of Hong Kong sells HK$60.543 billion to stabilise the currency’s value

HKMA intervenes as HKD hits trading limit, maintaining peg amid broader Asian currency appreciation trends.

6 May 2025
As markets anticipate major influences, the Canadian Dollar remains stable against the US Dollar

USD/CAD trades steadily near 1.3800 as markets eye Fed rate decision and Canada-US trade talks.

6 May 2025
A €500 million initiative from the EU aims to attract scientists amid U.S. funding reductions

EU and France offer €500 million to attract U.S. scientists amid research funding cuts in America.

6 May 2025
Phillip Swagel, CBO director, indicated the US debt ceiling deadline may advance due to economic conditions

Debt ceiling X-date expected late summer; stable revenues; spending risks may shift projections amid uncertainties.

6 May 2025
The USD declined against most major currencies, while the S&P and NASDAQ closed lower today

USD declined broadly; stocks fell in U.S.; gold rose; oil dropped despite OPEC+; yields climbed.

6 May 2025
Following an OPEC production increase, WTI Crude Oil prices are recovering from recent drops

WTI crude rebounds after OPEC output plan; Russian exports, sanctions, and technical levels drive volatility.

6 May 2025
In the upcoming fortnight, Trump plans to declare tariffs on pharmaceuticals according to sources

Trump plans new pharmaceutical tariffs to reduce import reliance, sparking concerns over drug costs and trade impact.

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