Live Updates

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.

8 May 2025
Trump announced a trade deal with the UK to enhance imports, boost access, and create jobs

UK fast-tracks US imports, boosts trade in beef, ethanol, steel, and secures pharma supply chain.

8 May 2025
As traders anticipate a crucial report and Trump’s trade deal, the Canadian Dollar weakens against the US Dollar

USD/CAD rises as Canadian Dollar weakens; markets await BoC review and potential US-UK trade deal.

8 May 2025
Tesla and Google excel while the healthcare sector struggles amid a mixed US stock market

Tech and consumer sectors rise with Tesla, Google gains; healthcare declines, prompting cautious optimism and diversification.

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