Live Updates

    7 May 2025
    GOP leaders face challenges passing Trump’s tax cuts amidst rising deficit and slowed growth pressures

    Senate Republicans push tax cuts in budget bill despite deficit concerns and narrow House majority challenges.

    7 May 2025
    US Treasury Secretary Scott Bessent confirmed that trade discussions with China will occur in Switzerland

    US-China trade talks begin in Switzerland; US stresses debt obligations, market confidence, and fiscal discipline.

    7 May 2025
    MUFG believes the dollar may not strengthen, despite a potential hawkish tone from Powell

    Markets eye Powell’s tone as economic softness, despite strong jobs, clouds dollar strength post-FOMC.

    7 May 2025
    The Euro traded around 0.8500 against the Pound, showing little movement amid uncertain market signals

    EUR/GBP holds steady near 0.8500; technical indicators reflect mixed signals, with key support and resistance levels.

    7 May 2025
    Bessent expresses hope for a decline in the US debt-to-GDP ratio while addressing uncertainties

    Federal cuts and tariffs aim to reduce U.S. debt, but uncertainty clouds actual financial outcomes and impacts.

    7 May 2025
    After gaining for two consecutive days, the Pound Sterling dipped against the US Dollar as attention shifted to central bank decisions

    GBP/USD consolidates as traders await central bank decisions; UK-India deal, US-China talks boost sentiment.

    7 May 2025
    Alphabet’s stock plummets over 7.50% due to concerns about AI alternatives disrupting search behaviours

    Alphabet stock drops 8.41% after Apple cites reduced search use; AI competition pressures Google’s core business.

    7 May 2025
    During North American trading, the EUR/USD remains steady around 1.1370 as the USD stabilises

    EUR/USD steady near 1.1370; markets await Fed policy, ECB easing, and global trade developments impact sentiment.

    7 May 2025
    After a failed breakout, AUDUSD declines, testing critical support levels and influencing market direction

    AUDUSD retreats after failed breakout, testing key support near 0.6460; further losses may target 0.6428 level.

    7 May 2025
    Crude oil stock changes in the US recorded -2.032M, exceeding forecasts of -2.5M

    Crude oil inventories fell, US Dollar strengthened, gold dipped, crypto mixed, FOMC held rates steady.

    Back To Top
    Chatbots