Live Updates

7 May 2025
The EUR/USD pair lingered around the 1.1300 mark as traders anticipated pivotal Fed developments

EUR/USD steadies near 1.1300 as traders await Fed decision; markets watch for rate-cut signals.

7 May 2025
Progress has been made in US-UK trade talks on steel and autos, but timing remains uncertain

US-UK trade talks advance on steel and vehicles; timeline unclear amid tariff and regulatory uncertainties.

7 May 2025
The Labour Cost Index in New Zealand reported a quarterly increase of 0.4%, missing forecasts

New Zealand’s Labour Cost Index rose 0.4% in Q1, slightly below the expected 0.5% increase.

7 May 2025
The API reported the US crude oil stock at -4.49M, falling short of predictions

U.S. crude stocks fall sharply; markets steady as traders await major central bank policy decisions this week.

7 May 2025
The actual weekly crude oil stock in the United States was lower than expected at -4.49M

Crude oil stock drops, currencies steady, gold corrects, Bitcoin nears $100K amid global policy shifts.

7 May 2025
New Zealand’s unemployment rate decreased to 5.1%, employment change slightly improved but annual decline persists

New Zealand’s unemployment steady at 5.1%; wage growth slows; global trade talks may influence currencies.

7 May 2025
Despite a tease of a major announcement from Trump, Merck’s shares fell below $80

Merck shares fall 4.8% amid tariff fears; policy uncertainty pressures pharma stocks and investment outlook.

7 May 2025
As traders prepared for rate decisions, the Pound Sterling rose beyond 1.3350 against the Dollar

Pound Sterling rises again, trading near 1.34 as markets await key central bank policy decisions.

7 May 2025
China’s Vice Premier He Lifeng will meet US Treasury Secretary Bessent for trade discussions in Switzerland

China’s He Lifeng to meet US Treasury Secretary Bessent in Switzerland, boosting markets and trade hopes.

7 May 2025
Anticipation surrounded the Fed’s interest rate decision as the US Dollar remained under pressure in trading

US Dollar weakens; EUR, GBP, JPY, AUD gain. Focus shifts to global economic data and commodity prices.

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