Live Updates

8 May 2025
Bitcoin surpasses $100K, while Trump’s endorsement of XRP raises questions about political influences

Bitcoin hits $101K amid optimism from Trump’s UK trade move and crypto-related White House intrigue.

8 May 2025
The EIA reported a Natural Gas Storage Change of 104B in the US, exceeding forecasts

US gas storage rose, gold dipped, Ethereum surged, and USD strengthened amid trade optimism and stable rates.

8 May 2025
Optimism over trade negotiations boosts US stocks; major indices rise over 1.4%, led by Dow

US stocks surge over 1.4% on UK trade hopes; China tariffs remain a major economic concern.

8 May 2025
Around 0.6420, AUD/USD maintains stability as the US Dollar falters in its upward momentum

AUD/USD holds steady amid Fed policy uncertainty; trade talks may support US-Australia economic prospects.

8 May 2025
Trump indicates that 10% tariffs may be the minimum, raising concerns over deal-making effectiveness

Trump’s proposed 10% tariff baseline may complicate trade deals amid his shifting stance on tariffs.

8 May 2025
According to the Bank of Canada, risks to financial stability arise from the US trade war

BoC warns trade conflict may trigger credit defaults; markets could destabilize, but financial system remains resilient.

8 May 2025
As bearish sentiment rises, the EURUSD tests crucial support levels for potential directional shifts

EURUSD faces key support at 1.1265, with bearish pressure persisting below 100/200-hour moving averages.

8 May 2025
Forecasts for US Wholesale Inventories were missed by 0.4%, landing at 0.5% in March

US wholesale inventories fell 0.4% in March; Ethereum surged 15% amid strong US Dollar movements.

8 May 2025
The UK announced zero tariffs for steel and aluminium alongside enhanced market access for farmers

UK-US trade deal cuts tariffs on metals, expands beef access, and starts digital trade cooperation talks.

8 May 2025
In the first quarter of 2025, QGEN reported higher earnings and revenues, leading to increased stock value

QIAGEN reports strong Q1 earnings, sales growth, and raised EPS outlook amid solid operational and financial performance.

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