The Netherlands’ retail sales growth rebounded in March largely on the back of higher demand for non-food items, according to data published by the Central Bureau of Statistics on Thursday. Retail turnover adjusted for shopping days rose 3.4 percent annually in March, faster than the 2.2 percent increase in February. Sales have been rising since
Yen weakened broadly today following the BoJ’s decision to leave interest rates unchanged, while significantly downgrading its growth projections for the current fiscal year. Inflation outlook was also softened, with risks of undershooting the 2% target increased, albeit slightly. This backdrop suggests that while BoJ remains on a slow tightening path, policymakers may take a
EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies. Markets have largely priced in a 25 basis point rate cut by the ECB at its June meeting. The Pound Sterling weakens as markets are now anticipating a BoE 25 basis point rate cut in May. EUR/GBP holds ground for
London markets will be open for trading though but the other major hubs in Europe are all closed in observance of Labor Day. As such, there will be lighter flows in general but that won’t stop an already busy-looking market to start the new month. The dollar is keeping steadier across the board, keeping with
Australia’s manufacturing activity continued to expand in April but the pace of growth softened as the improvement in demand was restricted to the domestic sector, final purchasing managers’ survey data from S&P Global showed on Thursday. The final manufacturing Purchasing Managers’ Index fell to 51.7 in April from 52.1 in March. The reading matched the
Australia’s trade surplus rose to 6,900M MoM in March versus 3,130M expected and 2,852M (revised from 2,968M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday. Further details reveal that Australia’s Exports climbed by 7.6% MoM in March from -4.2% (revised from -3.6%) seen a month earlier. Meanwhile, Imports fell by
Nvidia CEO Jensen Huang says the U.S. and China are nearly neck and neck in the race for AI chip leadership. Speaking on Capitol Hill, Huang stated, “China is not behind,” and clarified, “China is right behind us. We’re very, very close.” Huang’s comments come as the Trump administration prepares new restrictions on Nvidia’s chip
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,
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The AUD/USD pair trades higher around 0.6400, up 0.26% on the day. US GDP data misses expectations, showing a contraction of 0.3% in Q1 2025. Market expectations for a Fed rate cut in June rise as weak data weighs on the USD. Investors remain cautious ahead of key US data releases, including NFPs and GDP
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment. US GDP contracted in Q1, PCE inflation cooled, and traders now question the Fed’s next move amid Trump’s renewed criticism of Powell. Technical indicators remain bearish, with USD/CHF capped by moving average resistance and downside
The euro is calm on Wednesday. In the North American session, EUR/USD is trading at 1.1334, down 0.45% on the day. German CPI drops, core inflation rises Germany’s inflation rate dropped to 2.1% y/y in April, down from 2.2% in March but above the market estimate of 2.0%. This was the lowest level in seven
“I Do as the President Says”: Musk’s Edgy Pulse Check on Federal Employees In a moment dripping with Muskian wit at President Trump’s live Cabinet meeting today, Elon Musk, not shy of controversy, explained the blunt reasoning behind his recent email “pulse check” to the federal workforce. “Do you have a pulse? Do you have
2025.04.30 2025.04.30 Binance Coin (BNB) Price Forecast & Predictions for 2025, 2026–2027 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Binance Coin (BNB) is a native token of the Binance cryptocurrency ecosystem. Since its launch in 2017, the coin’s price has increased significantly. However, as with other digital assets, it is subject to increased volatility. In 2025, the crypto
Tariff volatility pushes banks to tighten close-outs – FX Markets End of drawer navigation content Skip to main content Lawyers say dealers are looking to update playbooks for terminating derivatives trades Banks have been looking to update procedures for dealing with over-the-counter derivatives close-outs and margin calls following the recent bout of US tariff-driven market
