Live Updates

17 May 2025
The Canadian Dollar fluctuated against the US Dollar, losing prior gains and stabilising around 1.4000

Canadian Dollar fluctuates near 1.4000; influenced by US policy, oil prices, interest rates, and inflation data.

17 May 2025
Caution was expressed by Schnabel regarding a potential June ECB rate cut amid uncertainties

Schnabel urges caution on ECB rate cuts, citing inflation risks and advocating for eurozone financial unity.

17 May 2025
Martins Kazaks indicated potential nearing of interest rate cuts, but uncertainties and data dependency persist

Interest rates near peak, says ECB’s Kazaks; future decisions depend on data, inflation outlook, and trade.

17 May 2025
Upcoming events include UK-EU discussions, Chinese data release, and announcements from central banks globally

Global markets await key economic data and central bank actions, with inflation, rate cuts, and trade in focus.

17 May 2025
Moody’s downgraded the US credit rating amidst ongoing tax cut discussions, raising fiscal concerns further

Moody’s downgrades US credit rating, citing fiscal deficits, rising debt, and weak long-term budget planning.

17 May 2025
After a two-day decline, WTI crude oil recovered to approximately $62, supported by bullish efforts

WTI crude rebounds, holding above $60; Iran deal, OPEC+ output, and macro data drive market direction.

17 May 2025
Consumer confidence fell while inflation expectations rose, impacting market movements and currency valuations

US consumer sentiment dipped, housing starts missed estimates, while markets responded to inflation and trade developments.

17 May 2025
Due to improved market sentiment, gold prices dropped over 4%, encouraging investment in riskier assets

Gold falls over 1.5% as US-China tariff pause boosts risk appetite; inflation expectations remain high.

17 May 2025
Stock markets in the US rose for five consecutive days, led by the S&P 500’s gains

U.S. markets rose steadily this week, driven by easing US-China tariffs, with broad gains across indices.

17 May 2025
Weak Japanese growth figures prompt an increase in USD/JPY amidst rising inflation concerns in the US

USD/JPY rises as Japan’s GDP contracts and US inflation expectations climb, impacting monetary policy outlooks.

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