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Monthly Archives: May 2025
A series of investment agreements in AI and energy with the UAE were announced by the White House
Written on May 16, 2025 at 4:10 am, by anakin
Trump administration touts $200B in UAE deals, but details remain vague; includes AI, aerospace, and aluminium projects.
Australia’s Trade Minister expresses reluctance to join the US in a trade conflict with China
Written on May 16, 2025 at 3:45 am, by anakin
Australia prioritizes its economic ties with China over a US-led trade stance, says Minister Farrell.
Following weak US data, geopolitical tensions, and declining yields, gold prices surged significantly upwards
Written on May 16, 2025 at 3:40 am, by anakin
Gold surged to $3,228 after weak US data, falling yields, and geopolitical tensions boosted safe-haven demand.
The U.S. Deputy Treasury Secretary expressed confidence that inflation will moderate and the economy will grow
Written on May 16, 2025 at 3:15 am, by anakin
U.S. officials express confidence in stable inflation and economic acceleration, with debt concerns delayed until August.
Amid cautious investor sentiment, the NZD/USD trades near 0.5900, influenced by weak NZ fundamentals
Written on May 16, 2025 at 3:10 am, by anakin
NZD/USD faces downside pressure amid weak US data, Powell’s support for USD, and cautious sentiment.
Jamie Dimon warns that recession risks persist due to inflation, deficits, and potential interest rate hikes
Written on May 16, 2025 at 2:45 am, by anakin
Jamie Dimon warns of recession risks amid inflation, deficits, and uncertainty; JPMorgan sees probability below 50%.
Following an impressive quarterly result, Walmart’s stock rebounded after an earlier five per cent drop
Written on May 16, 2025 at 2:40 am, by anakin
Walmart stock rebounds after beating estimates, driven by strong eCommerce and international advertising growth.
The indices displayed mixed results, with a drop in NASDAQ following Meta’s AI model delay.
Written on May 16, 2025 at 2:16 am, by anakin
Meta delays Llama 4 release, shares fall; tech sector dips, but broader markets show weekly gains.
On Thursday, renewed strength in the Japanese Yen pressures GBP/JPY amid heightened risk aversion
Written on May 16, 2025 at 2:10 am, by anakin
GBP/JPY weakens as Yen gains on safe-haven demand, BOJ policy shift prospects, and UK economic concerns.
Michael Barr stated the US economy remains stable, yet trade policies create uncertainty regarding future prospects
Written on May 16, 2025 at 1:40 am, by anakin
High tariffs from past trade policies threaten small businesses, risking inflation and supply chain disruptions.
