Live Updates

6 May 2025
Goldman Sachs maintains a bullish outlook on gold, potentially reaching $4,000 by mid-2026

Goldman Sachs forecasts gold reaching $3,700–$4,500 by 2025 amid economic shifts and market risks.

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.

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