May 28, 2025
US stocks end sharply higher on Trump’s tariff reprieve
Wall Street surged as investor risk appetite was buoyed by Trump’s latest tariff respite and an unexpected jump in consumer confidence. A rally sent all three major U.S. stock indexes higher, with strength in the AI-related “magnificent seven” group of stocks putting Nasdaq out front.
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May 28, 2025
Tesla’s stock exploded 6.4%
Tesla’s sales in Europe fell 49% in April from a year earlier, even though battery-electric car sales rose 27.8%, as the U.S. EV maker’s upgrade of its Model Y shows little sign of reviving the brand’s fortunes in the region. Tesla’s stock rose 6.4% following a 4.4% intra-session dip. The MACD’s is giving a negative […]
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May 28, 2025
Dollar gains, yen slips as Japanese yields tumble
The dollar strengthened as the yen came under pressure from a sharp fall in Japan’s long-dated bond yields, while the greenback was boosted by data improving U.S. consumer confidence. After a 1.6% dip during the last session, the Dollar-Yen pair closed with a 1.2% gain. The Stochastic-RSI indicates an overbought market.Support: 140.48 | Resistance: 147.46
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May 27, 2025
Stocks and euro jump on Trump EU tariff delays
Global markets climbed and the euro rallied after U.S. President Donald Trump kicked his threat to slap 50% tariffs on European Union goods into July, marking another temporary trade policy reprieve.
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May 27, 2025
Gold falls after Trump extends tariff deadline on EU good
Gold prices fell after U.S. President Donald Trump dropped his threat to impose 50% tariffs on goods from the European Union from June 1, reducing demand for the safe-haven asset. Markets in the US and UK were closed on Monday due to public holidays. The Gold-Dollar pair traded sideways in the last session. The Stochastic […]
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May 27, 2025
Euro rises after Trump delays EU tariffs
The euro hit a one-month high against the U.S. dollar after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, as the bloc asked for time to “reach a good deal”.
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