Live Updates

8 May 2025
The 4-week average of initial jobless claims in the US rose to 227K from 226K

US jobless claims rise, GBP and EUR fall on dollar strength; gold dips, XRP gains on crypto optimism.

8 May 2025
The USDCHF fluctuates within established boundaries, with pivotal levels influencing market sentiment and direction.

USDCHF trades sideways between key resistance and support; moving averages suggest a neutral market outlook.

8 May 2025
Andrew Bailey, Governor of the Bank of England, expressed support for US-UK trade deals and rate cuts

Bank of England cuts rate to 4.25%, signals gradual easing amid inflation, wage pressures, and uncertainties.

8 May 2025
A report indicates that the 10% tariff remains unchanged in the US-UK trade agreement

US-UK trade deal keeps 10% tariff; focuses on automotive, steel sectors with potential future changes.

8 May 2025
Core inflation in Mexico reached 0.49%, surpassing the anticipated rate of 0.47%

Mexico’s core inflation rises slightly; strong US dollar impacts forex, gold; XRP gains amid crypto optimism.

8 May 2025
Preliminary US Q1 unit labour costs rose 5.7%, while productivity experienced a decline of 0.8%

Unit labour costs rose 5.7% while productivity fell 0.8%, signaling potential inflationary pressures ahead.

8 May 2025
In April, Mexico’s annual inflation rate reached 3.93%, surpassing the anticipated 3.9%

Mexico’s annual inflation hit 3.93% in April, slightly surpassing expectations and reflecting regional economic trends.

8 May 2025
Attention is on the US March wholesale inventory report, expecting a potential revision increase.

Market focus shifts to jobless claims, Q1 productivity, and wholesale inventories amid rising metal imports.

8 May 2025
April’s headline inflation in Mexico exceeded expectations, recorded at 0.33% instead of 0.3%

Mexico’s inflation slightly surpassed forecasts; US dollar strength impacted currencies, gold declined, while XRP gained momentum.

8 May 2025
The EU plans countermeasures against US tariffs, proposing €95 billion in tariffs and restrictions

EU seeks balanced trade solution with US, considers export restrictions, and plans WTO dispute over tariffs.

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