Live Updates

12 May 2025
The USDCAD rises due to US dollar strength, targeting key resistance levels following tariff changes

USDCAD rises amid reduced US-China tariffs, nearing key technical levels including moving averages and retracement.

12 May 2025
Following a U.S.-China trade deal, the S&P 500 is poised for a strong opening today

S&P 500 futures surge as U.S.-China trade deal halts tariffs, signaling potential breakout above 5,800.

12 May 2025
An imminent press conference will see Trump discussing pharmaceuticals and potential cost-shifting strategies.

President Trump to address drug pricing strategy, affecting pharmaceutical companies; China-related questions also anticipated.

12 May 2025
According to Scotiabank’s chief strategist, the Euro has experienced its largest decline since early November, decreasing 1.5% against the US Dollar

The Euro drops 1.5% against the Dollar amid Fed outlook shifts and US-China trade détente.

12 May 2025
Tariff reductions between the US and China improve market optimism and growth prospects for economies

US-China ease tariffs; markets rally amid optimism, though economic impact and longevity of deal uncertain.

12 May 2025
The Canadian Dollar weakens 0.3% against the US Dollar, outpacing declines of G10 peers

CAD drops 0.3% vs USD but outperforms G10 peers; bullish USD/CAD trend eyes 1.4100 level.

12 May 2025
After tariff suspensions, the USD and stocks surged, signalling market enthusiasm amidst ongoing negotiations

U.S. and China suspend tariffs for 90 days; markets rise amid trade talks and economic uncertainty.

12 May 2025
With a 4% rise in NASDAQ futures, excitement surrounds the temporary tariff reductions between the US and China

Tariff truce boosts markets: NASDAQ futures soar, tech stocks surge, gold drops, treasury yields climb.

12 May 2025
Bessent anticipates a Trump-Xi call soon, suggesting tariffs can revert to previous levels if needed

Trump and Xi may speak soon; tariff talks continue, with potential delays testing Trump’s patience.

12 May 2025
The US Dollar strengthens against G10 currencies due to easing US-China trade tensions and market adjustments

US Dollar strengthens broadly; G10 currencies weaken amid tariff pause and shifting Fed rate cut expectations.

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