Live Updates

    8 May 2025
    The Manufacturing Production Index in South Africa improved from -3.2% to -0.8% year-on-year

    Markets react to global economic shifts: UK rate cut, stronger US data, gold rebound, XRP gains traction.

    8 May 2025
    A trade deal agreement between the UK and US has been confirmed, aiding political negotiations ahead

    UK and US reach preliminary trade deal agreement, paving way for future full agreement and closer ties.

    8 May 2025
    Gold prices drop to $3,340 as a US-UK trade agreement is anticipated during a conference

    Gold drops 1% amid UK-US trade deal hopes, steady Fed rates, and stronger US Dollar outlook.

    8 May 2025
    Trump’s trade deal announcement negatively impacted gold, which remains in an uptrend despite uncertainty

    Gold fluctuates as Trump’s UK trade deal announcement offsets Fed neutrality, influencing buyer and seller positioning.

    8 May 2025
    According to UOB Group, USD is likely to fluctuate, with 7.1700 being a crucial level

    The US Dollar may range-trade before declining further, with 7.1700 as a key support level.

    8 May 2025
    China’s MOFCOM suggests the US should consider revoking its unilateral tariffs ahead of trade discussions

    China urges U.S. to revoke unilateral tariffs ahead of Switzerland talks focused on easing trade tensions.

    8 May 2025
    The USD/CHF pair strengthens past 0.8250 as the Federal Reserve delays interest rate reductions

    USD gains as Fed delays rate cuts; trade tensions and Swiss rate outlook impact CHF weakness.

    8 May 2025
    An official from the UK anticipates Trump will outline a deal, potentially reducing tariff quotas

    Trump to outline US-UK trade deal easing tariffs on steel and cars, benefiting both nations’ industries.

    8 May 2025
    In April, Ireland’s year-on-year Consumer Price Index increased to 2.2% from 2%

    Ireland’s inflation rose, Pound held gains, Euro weakened, Gold rebounded slightly, XRP rallied amid crypto optimism.

    8 May 2025
    In March, Germany’s trade surplus increased to €21.1 billion, exceeding expectations and previous figures

    Germany’s March trade surplus rose to €21.1 billion, exceeding forecasts as exports climbed and imports fell.

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