Monthly Archives: May 2025
Following a U.S.-China trade deal, the S&P 500 is poised for a strong opening today
Written on May 12, 2025 at 7:40 pm, by anakin
S&P 500 futures surge as U.S.-China trade deal halts tariffs, signaling potential breakout above 5,800.
An imminent press conference will see Trump discussing pharmaceuticals and potential cost-shifting strategies.
Written on May 12, 2025 at 7:15 pm, by anakin
President Trump to address drug pricing strategy, affecting pharmaceutical companies; China-related questions also anticipated.
According to Scotiabank’s chief strategist, the Euro has experienced its largest decline since early November, decreasing 1.5% against the US Dollar
Written on May 12, 2025 at 7:10 pm, by anakin
The Euro drops 1.5% against the Dollar amid Fed outlook shifts and US-China trade détente.
Tariff reductions between the US and China improve market optimism and growth prospects for economies
Written on May 12, 2025 at 6:46 pm, by anakin
US-China ease tariffs; markets rally amid optimism, though economic impact and longevity of deal uncertain.
The Canadian Dollar weakens 0.3% against the US Dollar, outpacing declines of G10 peers
Written on May 12, 2025 at 6:40 pm, by anakin
CAD drops 0.3% vs USD but outperforms G10 peers; bullish USD/CAD trend eyes 1.4100 level.
After tariff suspensions, the USD and stocks surged, signalling market enthusiasm amidst ongoing negotiations
Written on May 12, 2025 at 6:16 pm, by anakin
U.S. and China suspend tariffs for 90 days; markets rise amid trade talks and economic uncertainty.
With a 4% rise in NASDAQ futures, excitement surrounds the temporary tariff reductions between the US and China
Written on May 12, 2025 at 6:10 pm, by anakin
Tariff truce boosts markets: NASDAQ futures soar, tech stocks surge, gold drops, treasury yields climb.
Bessent anticipates a Trump-Xi call soon, suggesting tariffs can revert to previous levels if needed
Written on May 12, 2025 at 5:46 pm, by anakin
Trump and Xi may speak soon; tariff talks continue, with potential delays testing Trump’s patience.
The US Dollar strengthens against G10 currencies due to easing US-China trade tensions and market adjustments
Written on May 12, 2025 at 5:40 pm, by anakin
US Dollar strengthens broadly; G10 currencies weaken amid tariff pause and shifting Fed rate cut expectations.
Bessent believes tariffs on China are unlikely to drop below 10%, maintaining current levels as a guideline
Written on May 12, 2025 at 5:15 pm, by anakin
Tariffs remain high as baseline measures aim to prevent escalation; fentanyl-related tariffs raise U.S. total.
