General Outlook The first week of June saw mixed performances across major financial markets. Toward the end of the week, the euro weakened slightly against the US dollar, while bitcoin recovered from midweek losses. Gold prices remained elevated amid safe-haven demand, and Brent crude oil prices edged higher despite concerns over increased supply. As we…
Sterling still set for weekly gain over 0.80% amid broad Greenback weakness earlier in the week. US economy added 139K jobs in May, beating forecasts and reinforcing Fed’s cautious stance on rate cuts. Dollar strength resurfaces, with DXY climbing 0.58% to 99.28, its highest in two days. GBP/USD tumbled during the North American session, down…
🌍 General Outlook Markets closed the final week of May with mixed signals across major asset classes. The euro gained modestly against the dollar, while bitcoin experienced a slight decline. Gold prices remained elevated, reflecting ongoing investor caution, and Brent crude continued its downward trend amid concerns over increased OPEC+ production and global demand uncertainties….
The Pound Sterling recovers to 1.3470 against the US Dollar as investors reassess the impact of the US court’s decision against tariffs. The US court ruled out Trump’s tariff policy, citing it as a violation of constitutional limits. The IMF has slightly raised its forecast for UK GDP growth for the year to 1.2% The…
🌍 General Outlook The past week saw heightened volatility across financial markets, influenced by geopolitical tensions and shifting economic indicators. Gold prices surged amid renewed trade threats, while oil prices remained under pressure due to concerns over increased OPEC+ output. The euro strengthened against the dollar, and bitcoin experienced a modest pullback after reaching new…
UK CPI climbs to 3.6% YoY in April, well above BoE’s 2% inflation target. Core inflation accelerates to 3.8%, raising doubts over future rate cuts. US Dollar tumbles as G-7 stokes speculation of Washington favoring weaker Greenback. The Pound Sterling rose to a new year-to-date (YTD) high of 1.3468 against the US Dollar on Wednesday…
The past week was marked by high volatility across financial markets. Investors continued to assess macroeconomic signals, central bank decisions, and geopolitical developments. Currency pairs fluctuated within technical ranges, bitcoin corrected after a strong rally, while oil and gold showed mixed dynamics. The upcoming week may bring new impulses, especially in light of expectations regarding…
Market Forecast for May 12–16, 2025 Source link
Citing confirmation from a British government source, Sky News reported on Thursday that the UK and the US have reached a “heads of terms” agreement and a “substantive” step towards a full trade deal. “I think it is politically helpful for Keir Starmer to have got the heads of terms, the kind of main points of…
Last week ended with gains in the cryptocurrency and gold markets, while Brent crude oil remained under pressure from sellers. The EUR/USD pair is showing signs of a downward correction. In the coming days, investors will be assessing whether these trends will continue, with a focus on monetary policy expectations and key macroeconomic releases, including…