Live Updates

7 May 2025
Crude oil futures closed at $59.09, reflecting a rise of $1.96 or 3.43%

Crude oil rises to $59.09; bullish trend hinges on key resistance levels near $60.08 and $60.01.

7 May 2025
Amid worsening global risk sentiment, gold experiences a rise due to geopolitical tensions and uncertainty

Gold surges amid global instability, trade tensions, and central bank demand, nearing $3,500 with strong momentum.

6 May 2025
Gold prices rise $80, driven by renewed demand following holidays in Asia and stalled trade talks

Gold climbs $80 to $3112 amid trade delays; bullish momentum continues after Asian holiday pause.

6 May 2025
As fears of recession rise, Asian currencies strengthen while the USD declines amidst investor shifts

Asian currencies strengthen as capital shifts from the US amid trade tensions and divergent central bank strategies.

6 May 2025
The Atlanta Fed increased its GDPNow estimate for Q2 growth from 1.1% to 2.2%

GDPNow raises Q2 2025 real GDP growth estimate to 2.2% amid stronger consumption and investment data.

6 May 2025
Rabobank’s Jane Foley highlights the Swiss franc’s surge amid declining inflation, raising SNB expectations

Swiss franc gains 7% vs USD since April, but low inflation may prompt more SNB rate cuts.

6 May 2025
As Carney reaches the White House, USD/CAD hits day’s lows within a narrow range

USD/CAD trades near range low; market watches Trump-Carney meeting for potential directional cues or statements.

6 May 2025
During North American trading, the Pound Sterling rises close to 1.3390 against the US Dollar

Pound strengthens ahead of BoE rate cut; GBP/USD rises as US Dollar weakens amid steady Fed policy.

6 May 2025
Buyers supported the S&P and Nasdaq indices near 50-hour moving averages, maintaining short-term control

S&P 500 and Nasdaq found support at 50-hour moving averages, stabilizing declines despite modest selling pressure.

6 May 2025
The AUDUSD maintains support above the 100-hour MA, as bulls target recent highs.

AUDUSD holds above key support zones, eyeing resistance near 0.6493; staying bullish above moving averages.

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