Live Updates

16 May 2025
Currently, USD/CAD trades around 1.3960, demonstrating limited movement within a tight weekly range

USD/CAD hovers near 1.3960; weak Canadian data, rate cut risks pressure Loonie despite stable US Dollar.

16 May 2025
With risk appetite increasing, tech stocks are outperforming luxury brands like LVMH amidst market recovery

LVMH lags; Europe’s luxury market weakens, while US tech rebounds, challenging European stocks’ recent lead.

16 May 2025
Around 1.12, EUR/USD remains stable, with limited support observed during the North American session

EUR/USD steady near 1.12; U.S. inflation expectations rise, supporting Dollar; Ethereum adoption surges.

16 May 2025
A South Korean delegation plans to negotiate tariffs with the US and seek exemptions

South Korea seeks US tariff waiver, raising global concerns about fairness and consistency in trade policy.

16 May 2025
The Canadian Dollar is stabilising against the USD, finding support within this week’s range, according to Osborne

Canadian Dollar stable; USD/CAD resists above 1.4000 amid US data, oil prices, and policy expectations.

16 May 2025
Bostic anticipates one rate cut this year and acknowledges influence from US-China relations on inflation

Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.

16 May 2025
The GBP strengthens towards 1.3330 against the USD, continuing its upward trend from Thursday

Pound Sterling rises near 1.3330 amid weak US data; traders eye Fed rates, UK inflation outlook.

16 May 2025
Italy’s April CPI showed a rise to 1.9%, with core inflation increasing to 2.1%

Italy’s April inflation slightly revised down; core inflation rises due to higher services prices at 3.0%.

16 May 2025
Commerzbank’s analyst states that OPEC continues to expect an undersupplied oil market and confirms demand forecasts

OPEC maintains 1.3 million barrel demand forecast, warns of trade risks; supply cuts may boost production.

16 May 2025
Global Times urges an extension of the US-China trade truce for further cooperation beyond 90 days

Beijing urges extended cooperation as 90-day window may be insufficient; progress depends on US patience.

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