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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May 26, 2025
Nvidia to launch cheaper Blackwell AI chip for China
Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, The GPU is expected to be priced between $6,500 and $8,000.
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May 26, 2025
Oil gained ahead of Memorial Day weekend
Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators. The Oil-Dollar pair exploded 1.5% in the last session. The MACD is giving a positive signal.Support: 58.651 | Resistance: 63.992
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May 23, 2025
BlackRock’s Bitcoin ETF notches 2-week high inflow
BlackRock’s iShares Bitcoin Trust has seen its largest inflow in the past two weeks as traders allocate to US spot Bitcoin exchange-traded funds to scoop up the rocketing cryptocurrency. IBIT’s May 21 net inflows hit $530.6 million. The Bitcoin-Dollar pair exploded 1.8% in the last session. The MACD is giving a positive signal.Support: 106982 | […]
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