On Monday, May 26th, 2025, the New York Stock Exchange and Nasdaq (and other equity exchanges) markets will be closed for Memorial Day. However, CME Globex futures will have extended trading hours from Sunday, May 25th, at 6:00 PM (ET), and again from 6:00 PM (ET) on Monday, May 26th: This includes the E-mini S&P
Allianz Global Investors, USD650bn under management, is wary of US investment: “For investors, the message is clear: The US may no longer offer the reliable investment runway it did just months ago.” “Project economics, supply-chain commitments, and capital flows may now pivot toward more stable jurisdictions like Canada or the EU, unless clarity is quickly
I’m thrilled to be headed to Cape Town, South Africa next week for the Finance Magnates Africa Summit. If you’re in the area, I’d love to see you there. It’s a great conference for both people working in the industry and traders. I’ll be on panels on gold/oil plus one where I will shares some
Mon: US Holiday (Memorial Day), UK Holiday (Bank Holiday) Tue: NBH Policy Announcement; German GfK (Jun), French Prelim. CPI (May), EZ Consumer Confidence (May), US Durable Goods (Apr), Dallas Fed (May) Wed: RBNZ Policy Announcement, FOMC Minutes (May), Riksbank Financial Stability Report, OPEC JMMC; Australian CPI (Apr), German Unemployment (May), US MBA (w/e 19th May),
Trade war roared back into focus late last week, derailing fragile market sentiment already strained by concerns over the ballooning US deficit. The catalyst came in the form of a sharp threat from US President Donald Trump on European Union imports. This abrupt escalation shattered hopes that the 90-day truce period would lead to calmer
The trading day began on a sour note—or a strong one, depending on your stance on tariffs—after former President Trump announced via social media that he would impose a 25% tariff on Apple products not manufactured in the U.S. The market responded swiftly: Apple shares declined for a seventh straight session, falling from a peak
EUR/USD dips to 1.1296 after Trump announces steep tariffs on EU imports starting June 1. The pair rebounds to 1.1350 as US Dollar stays pressured by rising fiscal deficit concerns. Euro shrugs off ECB rate cut talk, supported by improving German GDP figures. EUR/USD recovered during the mid-North American session on Friday after diving below
GBP/USD surges past 1.3500 to a three-year high on strong UK Retail Sales, weak US Dollar Pound Sterling advances as UK Retail Sales data beats estimates GBP/USD rebounds above 1.3450 toward 39-month highs, UK Retail Sales eyed Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and
Week in Review: Bitcoin all-time highs, Weaker Dollar in another volatile week The US Dollar was once again on the main stage this week as we have observed initial market reactions after last Friday’s US Credit Rating Downgrade by Moody’s Agency.The Dollar Index (DXY) went back below the 100.00 level, Longer-end yields in US Treasury
Christian Norman Financial Writer Christian Norman is a Financial Writer for OANDA, offering market commentary on both a technical and fundamental basis. With years of experience as a trader, his passion for market technicals helps guide his analysis across a broad range of asset classes and instruments. Christian Norman is a Financial Writer for OANDA,
The NZDUSD is stretching to new highs for the day and also new highs for the week (highest level since May 8). That move has taken the price above the 0.59664 from Wednesday, which also was near the high price going back to last week on May 14. Getting above that level is a bullish
