Daily Broad Market Recap – May 7, 2025
The major assets saw a tug-of-war as U.S.-China trade talk optimism and Trump’s plans to ease AI chip restrictions battled against Powell’s cautious Fed stance and global demand concerns.
Read MoreThe major assets saw a tug-of-war as U.S.-China trade talk optimism and Trump’s plans to ease AI chip restrictions battled against Powell’s cautious Fed stance and global demand concerns.
Read MoreAre Fed policymakers about to give in to Trump’s pressure to lower interest rates? Or will they maintain their relatively neutral stance for now? Here are the main points to take note of when trading the May FOMC decision.
Read MoreRisk aversion dominated with stocks falling, gold hitting record highs, and Treasury yields dropping as the record US trade deficit underscored tariff concerns, while oil rebounded on Middle East tensions.
Read MoreNew Zealand’s quarterly employment report showed a 0.1% uptick in hiring as expected in Q1 while the unemployment rate held steady at 5.1% instead of rising to 5.3%.
Read MoreWill this week’s Bank of England (BOE) monetary policy decision highlight a shift in biases among committee members? Here’s what you need to know when trading this major event.
Read MoreTrump’s new tariff threats sparked trade jitters, snapping the S&P 500’s rally and weighing on the dollar. Oil tumbled on rising OPEC+ supply, while gold jumped as safe haven demand picked up.
Read MoreWill New Zealand’s jobs data support the idea of a more neutral RBNZ? Here are points you need to know if you’re trading New Zealand’s jobs event!
Read MoreWe’ve got another busy week ahead with potential market movers, including the Fed and BOE rate decisions, Canadian jobs data, and key economic prints across major economies!
Read MoreA volatile week in FX saw currencies whipsawed by shifting risk sentiment, weak U.S. data, central bank updates, and optimism around global trade de-escalation.
Read MoreFinancial markets wrestled with the usual slew of global trade updates, as well as surprise misses in U.S. growth and inflation data, plus big tech earnings reports.
Read MoreThe reading of all good books is indeed like a conversation with the noblest men of past centuries who were the authors of them, nay a carefully studied conversation, in which they reveal to us none but the best of their thoughts.Rene Descartes