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Pound pares gains following limited trade deal
2025-05-09
Sterling rallied on trade deal hopes but fell to a three-week low of 1.3220 Friday after the agreement proved limited.
Shale reels from peak output and intense competition
2025-05-08
The Trump administration plans to revise Biden-era decommissioning rules to address peak U.S. shale oil production and falling prices.
Bullion jumps on Powell's caution
2025-05-08
Gold rose over 1% Thursday after Fed Chair Powell's cautious economic remarks; U.S. trade deficit hit record high in March on rising imports.
Euro inches down after German election
2025-05-07
The euro eased Wednesday after Germany elected Merz chancellor—marking the first post-WWII candidate to lose in the first round.
Australian dollar firms near 5-month peak
2025-05-06
The dollar struggled on Tuesday due to a new 100% tariff on films made outside the US, while the Australian dollar rose to a five-month high.
Oil prices tumble after OPEC+ expands output
2025-05-05
Oil prices fell over \$2 in early Asian trade Monday as OPEC+ plans faster output hikes despite weak signs of strong market fundamentals.
Global funds stake bet on EM portfolio
2025-04-30
Trump's policies led to US stock outflows, and the dollar's decline widened the asset gap. Emerging markets may attract capital inflows.
Apr ADP - Private sector added 155,000 jobs in March
2025-04-30
Private sector added 155,000 jobs in March, with wages up 4.6%, easing concerns about a labor market and economic slowdown.
PCE price index Mar - Core PCE index rose 2.8% YoY
2025-04-30
Inflation did not slow down in February, with core PCE up 2.8% year-on-year. Goods prices rose 0.2%, led by entertainment goods and automobile prices.
Canadian dollar overlooks election result
2025-04-30
The Canadian dollar traded sideways on Wednesday as investors reacted calmly to a less decisive Canadian election result and ignored low oil prices.
Bullion inches down on easing fear
2025-04-29
Gold fell Tuesday as easing US trade tensions boosted market sentiment, with investors awaiting economic data to evaluate the Fed's policy direction.
European stocks increase with massive inflow
2025-04-28
European shares hit a 3-week high Friday, marking a second weekly gain as US-China trade tensions showed signs of easing, boosting risk appetite.
Oil prices higher on peace deal uncertainty
2025-04-25
Oil prices rose slightly on Friday but were set for a weekly loss as OPEC+ output hikes and a potential Russia-Ukraine ceasefire may boost supply.
Yen strengthens amid trade deal uncertainty
2025-04-24
The yen, trading above 143 per dollar Thursday, may spark US-Japan talks, but Tokyo is expected to resist calls to strengthen its currency.
China endeavours to stabilise equity market
2025-04-23
Amid China-U.S. tariff tensions and decoupling risks, China’s A-shares rebounded with policy backing and retail investor support.
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