Live Updates

16 May 2025
The U.S. Deputy Treasury Secretary expressed confidence that inflation will moderate and the economy will grow

U.S. officials express confidence in stable inflation and economic acceleration, with debt concerns delayed until August.

16 May 2025
Amid cautious investor sentiment, the NZD/USD trades near 0.5900, influenced by weak NZ fundamentals

NZD/USD faces downside pressure amid weak US data, Powell’s support for USD, and cautious sentiment.

16 May 2025
Jamie Dimon warns that recession risks persist due to inflation, deficits, and potential interest rate hikes

Jamie Dimon warns of recession risks amid inflation, deficits, and uncertainty; JPMorgan sees probability below 50%.

16 May 2025
Following an impressive quarterly result, Walmart’s stock rebounded after an earlier five per cent drop

Walmart stock rebounds after beating estimates, driven by strong eCommerce and international advertising growth.

16 May 2025
The indices displayed mixed results, with a drop in NASDAQ following Meta’s AI model delay.

Meta delays Llama 4 release, shares fall; tech sector dips, but broader markets show weekly gains.

16 May 2025
On Thursday, renewed strength in the Japanese Yen pressures GBP/JPY amid heightened risk aversion

GBP/JPY weakens as Yen gains on safe-haven demand, BOJ policy shift prospects, and UK economic concerns.

16 May 2025
Michael Barr stated the US economy remains stable, yet trade policies create uncertainty regarding future prospects

High tariffs from past trade policies threaten small businesses, risking inflation and supply chain disruptions.

16 May 2025
Crude oil declined by 2.42%, settling at $61.62 due to various supply and demand factors

Crude oil falls on supply concerns, Iran deal prospects, OPEC+ output hike, and slowing global demand.

16 May 2025
After a sharp decline, WTI Crude hovers around $61, impacted by rising stockpiles and Iran’s outlook

WTI crude hovers near $61.20 amid rising US stockpiles, Iran deal hopes, and technical resistance pressures.

16 May 2025
Barr believes the economy is stable, yet trade issues may impact small businesses and prices

Michael Barr warned trade shocks may disrupt supply chains, raising prices. Markets expect a rate hike.

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