Live Updates

16 May 2025
South Korea anticipates a potential trade agreement following the deadline, focusing on auto and steel sectors

South Korea eyes trade deal post-election, focusing on autos and steel; talks may resume mid-June.

16 May 2025
In April, the change in US building permits fell from 1.6% to -4.7%

US building permits fall; Dollar strengthens, impacting EUR/USD, gold dips; Ethereum surges post-upgrade; Trump secures trade deals.

16 May 2025
In March, the Eurozone’s trade balance rose to €36.8 billion, driven by increased exports and modest imports

Eurozone trade balance hits €36.8 billion in March, with exports rising faster than imports.

16 May 2025
Currently, USD/CAD trades around 1.3960, demonstrating limited movement within a tight weekly range

USD/CAD hovers near 1.3960; weak Canadian data, rate cut risks pressure Loonie despite stable US Dollar.

16 May 2025
With risk appetite increasing, tech stocks are outperforming luxury brands like LVMH amidst market recovery

LVMH lags; Europe’s luxury market weakens, while US tech rebounds, challenging European stocks’ recent lead.

16 May 2025
Around 1.12, EUR/USD remains stable, with limited support observed during the North American session

EUR/USD steady near 1.12; U.S. inflation expectations rise, supporting Dollar; Ethereum adoption surges.

16 May 2025
A South Korean delegation plans to negotiate tariffs with the US and seek exemptions

South Korea seeks US tariff waiver, raising global concerns about fairness and consistency in trade policy.

16 May 2025
The Canadian Dollar is stabilising against the USD, finding support within this week’s range, according to Osborne

Canadian Dollar stable; USD/CAD resists above 1.4000 amid US data, oil prices, and policy expectations.

16 May 2025
Bostic anticipates one rate cut this year and acknowledges influence from US-China relations on inflation

Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.

16 May 2025
The GBP strengthens towards 1.3330 against the USD, continuing its upward trend from Thursday

Pound Sterling rises near 1.3330 amid weak US data; traders eye Fed rates, UK inflation outlook.

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