Live Updates

14 May 2025
China has issued rare earth export permits, primarily to European and Vietnamese clients, excluding the US

China grants rare earth export permits to Europe and Vietnam, excluding U.S., amid tighter restrictions.

14 May 2025
The dollar weakened as early upward momentum faded, while traders focused on deficits and tax cuts

Dollar slips despite rising yields; EUR/USD, GBP/USD, and AUD/USD test key technical levels amid shifting sentiment.

14 May 2025
Amidst reduced trade tensions, gold struggles to maintain momentum, staying above the #3,200 mark

Gold holds above $3,200 as Fed rate cut hopes weaken USD; trade optimism pressures safe-haven demand.

14 May 2025
Australia’s banks demonstrate resilience according to Fitch Ratings, amidst anticipated earnings challenges and stable conditions

Australian banks remain resilient with stable earnings, strong liquidity, and prudent capital, despite margin and rating pressure.

14 May 2025
The US Dollar weakens, keeping USD/CAD below 1.3950 amid changing market sentiment and yield spreads

USD/CAD weakens as US CPI slows; Canadian confidence drops, oil prices and trade tensions weigh on CAD.

14 May 2025
At the European session’s start, the Indian Rupee strengthens, with EUR/INR rising to 95.49

Indian Rupee strengthens as Euro and Pound rise; oil, inflation, and trade deficit impact currency value.

14 May 2025
Baidu is set to trial its autonomous ride-hailing service Apollo Go in Europe, including Turkey

Baidu plans European launch of Apollo Go, partnering with PostAuto and eyeing expansion into Turkey.

14 May 2025
Lula aims to establish a currency system reducing dependency on a single currency source

Brazil explores alternative currencies and deepens China ties, targeting reduced U.S. dependency and boosting trade infrastructure.

14 May 2025
Germany’s consumer prices rose by 2.2% year-on-year, meeting projected expectations according to forecasts

Germany’s inflation steady; EUR/USD, GBP/USD rise on weaker Dollar; gold dips; crypto shines amid optimism.

14 May 2025
Trump describes his relationship with China as outstanding and expresses willingness to negotiate with Xi

Trump emphasized strong China relations and cooperation with Xi, while opposing Iran’s development of nuclear weapons.

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