Oil, Iran: – Oil prices dropped quickly in early Asia after significant comments from a top adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei. He said that Iran would agree to never making nuclear weapons getting rid of its stockpiles of highly-enriched uranium allow international inspectors to supervise the process in exchange for the immediate […]
GBP/USD contracts into near-term midrange ahead of key UK and US data GBP/USD slips modestly from weekly high as traders await UK GDP Pound Sterling outperforms US Dollar as US inflation cools down Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page
Most Read: Gold (XAU/USD) Slides 2.2% to One-Month Lows. $3150 incoming? USD/CAD has been on a grind higher since May 6 and has now returned to the key psychological level 1.4000 level. Volatility has subsided somewhat of late as trade deals and a rebound in overall market sentiment has led to calmer markets as a
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The pair trades near the 0.5900 zone after trimming intraday losses amid mixed technical signals. Weak US inflation and speculation of a soft-Dollar policy weigh on the Greenback. Support at 0.5884; resistance seen at 0.5908 and 0.5928 with technicals pointing to possible rebound. The NZD/USD pair is hovering near the 0.5900 level after giving back
Gold prices have slipped around 2.2% today to trade at $3176 at the time of writing. It appears safe-haven appeal is finally waning thanks to a combination of factors. US-China Deal The talks over the weekend between the global powers were one of the first dominos which have kept Gold prices under pressure. Today China’s
Stock heatmap by FinViz.com Wed, 14 May 2025 14:46:01 GMT Tech sector rebounds: Nvidia and Google lead market gains The US stock market is seeing a notable uptick today, with significant contributions from the technology sector. As investors navigate an increasingly nuanced landscape, both Nvidia (NVDA) and Google (GOOG) have emerged as standout performers, driving
Dollar faced broad selling pressure throughout the Asian and European sessions but has since found some footing as markets transition into the US trading day. However, direction remains murky, with traders appearing undecided on whether to push the greenback higher or extend the recent pullback. A similar tone of uncertainty is mirrored in equities, as
With FX volumes in Asia-Pacific (Apac) growing rapidly on the back of heightened volatility, HSBC is leveraging its regional and international footprint to broaden its FX offering, providing clients with robust solutions to meet their trading and hedging needs As worldwide trade disruptions have led to market volatility and uncertainty in Apac, market participants in
GBP/JPY retraces to near 194.45 from the four-month high of 196.50 as the Japanese Yen outperforms. BoJ’s Uchida expressed confidence in more interest rate hikes ahead. The UK economy is expected to have grown strongly by 0.6% in the January-March period. The GBP/JPY pair corrects to near 194.45 during European trading hours on Wednesday from
S&P 500 back in the green for the year Monday’s US-China trade war pause helped markets to stage an impressive recovery on Monday, and further gains yesterday for some markets saw the S&P 500 and Nasdaq 100 both move back into positive territory for the year. In the near-term we can expect this ongoing trade war pause
2025.05.14 2025.05.14 SNB May Resort to Negative Rates to Combat Deflation. Forecast as of 14.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The USDCHF pair has slumped to a 10-year low due to heightened demand for safe-haven assets amid trade tensions. However, as the situation de-escalated, the franc lost its allure. The central bank’s discontent further complicates the existing situation.
S&P 500 positive for the year The S&P 500, together with the Nasdaq 100, are trading back in positive territory for the year. In the short-term the index may soon lose upside momentum, though, as it nears the 5,909-to-5,923 resistance area which is made up of the 3 and 25 February lows. The US index
Asian Session Market Wrap Asia’s main stock index went up, driven by tech companies, as investors waited for earnings reports from big Chinese tech firms this week. Regional tech stocks rose for a fourth straight day after Nvidia and AMD said they would sell chips to a Saudi AI company for a $10 billion data
