Live Updates

5 May 2025
After his election, Albanese revealed discussions with Trump about tariffs and AUKUS cooperation

Following his election, Albanese spoke with Trump about tariffs and AUKUS, suggesting potential future cooperation.

5 May 2025
The USD/CAD remains around 1.3800, facing downward pressure from a weakening US Dollar

USD/CAD steady near 1.3800; US Dollar pressured by tariffs, while Canadian Dollar gains on growth.

5 May 2025
Safe-haven demand supports the Japanese Yen, which shows a slight upward trend against the US Dollar

Geopolitical tensions and safe-haven demand support the Yen, while BoJ policy limits aggressive bullish momentum.

5 May 2025
US President Trump stated he would reduce tariffs on China to facilitate business engagement with them

Trump plans tariff cuts but threatens future hikes, reigniting US-China trade tensions and global economic uncertainty.

5 May 2025
During Asian trading, WTI prices drop to approximately $55.75 as OPEC+ boosts production levels

WTI trades near $55.75 as OPEC+ raises output; geopolitical tensions may limit further price declines.

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