, This article was written by Justin Low at www.forexlive.com.
Fri, 09 May 2025 02:48:38 -0400
The Norwegian inflation figures for April will be released today. Inflation surprised strongly on the upside in February and dragged the price level into March.
Fri, 09 May 2025 02:43:30 -0400
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Friday, according to FXStreet data. Palladium (XPD) changes hands at $980.03 a troy ounce, with the XPD/USD pair advancing from its previous close at $976.60.
Fri, 09 May 2025 02:32:22 -0400
Market reaction to the much-anticipated US-UK trade agreement was cautiously positive, though not particularly enthusiastic. While major US equity indices closed higher overnight, DOW, S&P 500, and NASDAQ all gave back early gains to finish near their opening levels, suggesting that the initial optimism faded as details of the deal emerged.
Fri, 09 May 2025 02:16:35 -0400
The Reserve Bank of India likely intervened via state-run banks to support the rupee on Friday as the intensifying conflict between India and Pakistan pressured the South Asian currency, four traders told Reuters.
Fri, 09 May 2025 02:12:11 -0400
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $59.89 per barrel, down from Thursday's close at $59.96.
Fri, 09 May 2025 02:06:37 -0400
Sweden Industrial Production Value (YoY): -3.5% (March) vs previous -0.7%
Fri, 09 May 2025 02:01:05 -0400
Sweden Industrial Production Value (MoM) fell from previous 0.4% to -1.6% in March
Fri, 09 May 2025 02:00:42 -0400
Sweden New Orders Manufacturing (YoY): 10.7% (March) vs 2.5%
Fri, 09 May 2025 02:00:06 -0400
Today's Elliott Wave update on the Australian Stock Exchange (ASX) focuses on INSURANCE AUSTRALIA GROUP LIMITED – IAG.
Fri, 09 May 2025 01:20:35 -0400
Japan Leading Economic Index above expectations (107.5) in March: Actual (107.7)
Fri, 09 May 2025 01:01:13 -0400
Japan Coincident Index dipped from previous 117.3 to 116 in March
Fri, 09 May 2025 01:01:08 -0400
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, enters a bullish consolidation phase after touching a nearly one-month top, around the 100.85 region during the Asian session on Friday. Nevertheless, the index remains on track to register gains for the third straight week and seems poised to build on its recent recovery from a multi-year trough touched in April.
Fri, 09 May 2025 00:41:55 -0400
The Japanese Yen (JPY) recovers slightly from a four-week low touched against a broadly stronger US Dollar (USD) during the Asian session on Friday, though it lacks any follow-through buying. Japan's household spending data released earlier today came in well above consensus estimates, boosting the case for further interest rate hikes by the Bank of Japan (BoJ) and lending some support to the JPY.
Fri, 09 May 2025 00:38:12 -0400
Netherlands, The Manufacturing Output (MoM): -0.6% (March) vs previous 1.2%
Fri, 09 May 2025 00:31:15 -0400
In overall terms, the numbers here were much better than expected as China exports in particular held up. However, the devil is always in the details.
Fri, 09 May 2025 00:21:48 -0400
Trade policy developments, weak Japanese wage data, and surprisingly strong Chinese exports were key themes in Asia today, ahead of a high-stakes weekend meeting between U.S. and Chinese officials in Switzerland.
Thu, 08 May 2025 23:55:18 -0400
China's exports surged 8.1% yoy to USD 315.7B in April, far exceeding expectations of 1.9% yoy. However, the headline strength masks key shifts in trading patterns.
Thu, 08 May 2025 23:47:02 -0400
West Texas Intermediate (WTI) crude Oil price edges lower during Asian trading hours on Friday, trading near $59.80 per barrel after posting a nearly 4% gain in the previous session. The rally was fueled by easing trade tensions between major Oil consumers—the United States (US) and China—and the announcement of a “breakthrough” trade deal between the US and the United Kingdom.
Thu, 08 May 2025 23:32:36 -0400
The numbers are here, exports did not plunge as feared. they were lower than in March, but the pipelines were jammed full in March ahead of more Trump tariffs.
Thu, 08 May 2025 23:30:29 -0400
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