Live Updates

    5 May 2025
    The S&P Global Manufacturing PMI for Russia improved to 49.3, rising from 48.2

    Russia’s manufacturing improved as geopolitical tensions support gold; EUR/USD steady amid a weakening U.S. Dollar.

    5 May 2025
    In early European trading, Eurostoxx futures remain steady while German DAX futures decline slightly

    Eurostoxx steady; DAX dips, CAC flat. US futures drop after gains, eyeing trade news, Fed decision.

    5 May 2025
    A weaker USD results in a struggling USD/CHF, unable to maintain its position above 0.8200

    USD/CHF declines despite strong US jobs data, amid Fed uncertainty, trade tensions, and Swiss Franc strength.

    5 May 2025
    Concerns over tariffs and OPEC+’s output increases impede oil prices, risking further declines ahead

    OPEC+ to boost oil output, threatening cuts rollback; crude dips amid trade tensions and market uncertainty.

    5 May 2025
    Details regarding the May 5 New York cut for FX option expiries are listed below

    Major expiries include EUR/USD at 1.1200, USD/JPY at 145.50, and USD/CAD at 1.3870.

    5 May 2025
    A few FX option expiries for EUR/USD are unlikely to cause much market impact today

    EUR/USD expiries at 1.1300 and 1.1400 may curb moves, but USD sentiment drives market direction.

    5 May 2025
    Retail sales in Singapore improved from -3.6% to 1.1% year-on-year in March

    Singapore’s retail sales rose 1.1% in March, signaling recovery and renewed consumer confidence after decline.

    5 May 2025
    London markets are closed, affecting European flows, while major hubs remain open for limited data releases

    London markets are closed for May Day; light data releases expected, including Swiss inflation and Sentix.

    5 May 2025
    In the Philippines, gold prices experienced an increase today based on collected market data

    Gold prices in the Philippines rose, reflecting global trends, currency shifts, and gold’s role as a hedge.

    5 May 2025
    Market expectations indicate interest rates will likely remain unchanged, despite Trump’s ongoing criticism of Powell

    Federal Reserve likely to hold rates steady amid stable inflation, despite Trump’s pressure for rate cuts.

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