Live Updates

17 May 2025
The week’s US economic highlights include S&P PMIs, Fed speeches, and housing data releases

Fed speeches, key data releases, and home sales figures shape a quiet yet informative economic week ahead.

17 May 2025
The US oil rig count decreased from 474 to 473, according to Baker Hughes

Oil rig count dips, euro and pound weaken, gold declines, Ethereum rises, Trump secures Middle East deals.

17 May 2025
Despite recent gains, EUR/USD is vulnerable due to economic, geopolitical, and valuation concerns

EUR/USD may face downside risks amid overvaluation, weak inflows, geopolitical tensions, and Eurozone economic challenges.

17 May 2025
Selling pressure causes the EUR/USD pair to drift towards the lower 1.1100 range

EUR/USD trades near 1.1100 with bearish pressure; momentum indicators suggest continued downside amid weak recovery.

17 May 2025
Bonds’ dip buying appears exhausted; yields fluctuated, influenced by inflation concerns and fiscal discussions

US 30-year bond yields rebound amid inflation concerns, nearing second-highest weekly close since 2023.

17 May 2025
Rabobank’s Jane Foley suggests that the weakening US outlook could lead EUR/USD to 1.15

Forecasts suggest EUR/USD may reach 1.15, reflecting weaker U.S. outlook despite dollar dominance.

17 May 2025
The US oil rig count fell for the third week, totalling 576 rigs, while natural gas improves

US land oil rigs drop to 576 amid OPEC output hike, while natural gas supply tightens.

17 May 2025
The precious metal Gold has fallen below $3,200, losing over $300 from its peak

Gold drops below $3,200 as safe-haven demand fades; technical pressure and easing risks weigh on prices.

17 May 2025
The Federal Reserve intends to reduce its workforce by 10% over the coming years

The Federal Reserve will gradually cut 2,600 jobs to streamline operations while maintaining essential financial functions.

17 May 2025
In April, Russia’s monthly Consumer Price Index decreased from 0.65% to 0.4%

CPI drops, Euro and Pound weaken, Gold slides, Ethereum holds gains, Trump’s trip boosts US trade.

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