Live Updates

    7 May 2025
    The Labour Cost Index in New Zealand reported a quarterly increase of 0.4%, missing forecasts

    New Zealand’s Labour Cost Index rose 0.4% in Q1, slightly below the expected 0.5% increase.

    7 May 2025
    The API reported the US crude oil stock at -4.49M, falling short of predictions

    U.S. crude stocks fall sharply; markets steady as traders await major central bank policy decisions this week.

    7 May 2025
    The actual weekly crude oil stock in the United States was lower than expected at -4.49M

    Crude oil stock drops, currencies steady, gold corrects, Bitcoin nears $100K amid global policy shifts.

    7 May 2025
    New Zealand’s unemployment rate decreased to 5.1%, employment change slightly improved but annual decline persists

    New Zealand’s unemployment steady at 5.1%; wage growth slows; global trade talks may influence currencies.

    7 May 2025
    Despite a tease of a major announcement from Trump, Merck’s shares fell below $80

    Merck shares fall 4.8% amid tariff fears; policy uncertainty pressures pharma stocks and investment outlook.

    7 May 2025
    As traders prepared for rate decisions, the Pound Sterling rose beyond 1.3350 against the Dollar

    Pound Sterling rises again, trading near 1.34 as markets await key central bank policy decisions.

    7 May 2025
    China’s Vice Premier He Lifeng will meet US Treasury Secretary Bessent for trade discussions in Switzerland

    China’s He Lifeng to meet US Treasury Secretary Bessent in Switzerland, boosting markets and trade hopes.

    7 May 2025
    Anticipation surrounded the Fed’s interest rate decision as the US Dollar remained under pressure in trading

    US Dollar weakens; EUR, GBP, JPY, AUD gain. Focus shifts to global economic data and commodity prices.

    7 May 2025
    The Australian dollar rises following reports of a meeting between US officials and China’s Vice Premier

    Australian dollar rises amid hopes US-China meeting may ease trade tensions and boost China’s economic outlook.

    7 May 2025
    As market pressures relaxed, the Canadian Dollar appreciated against the US Dollar, achieving recent highs

    Canadian Dollar strengthens amid USD weakness, rate cut expectations, weak Canadian data, and potential USMCA renegotiations.

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