May 14, 2025
Trump calls on Fed to cut rates, saying prices of ‘practically everything’ are down
U.S. President Donald Trump repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and “practically everything else” are down. “The FED must lower the rate, like Europe and China have done,” Trump said.
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May 14, 2025
Crude oil climbs on tariff cuts, economic outlook
Crude oil futures climbed, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report. The two benchmarks rose strongly in the previous session after the U.S. and China agreed on sharp reductions to their import tariffs for at least 90 days. The last session saw the Oil rise 0.9% against the Dollar. […]
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May 13, 2025
Wall Street equity indexes close higher after US-China tariff truce
Wall Street’s three major indexes rose sharply with the S&P 500 marking its highest level since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for the easing of a global trade war, which U.S. President Donald Trump ignited in early April.
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May 13, 2025
The Euro-Dollar pair dove 1.2%
The dollar surged as the United States and China reached a deal to temporarily cut reciprocal tariffs and tamped down concerns that a trade war between the world’s two biggest economies could lead to a global recession. The Euro-Dollar pair dove 1.2% in the last session. The RSI indicates an overbought market.EUR/USD dove 1.2% in […]
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May 13, 2025
USDt market cap hits $150B for first time
Tether’s USDt surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption. USDt’s circulating supply has expanded by over 36% in the past year, with growth accelerating in November following the election of US President Donald Trump.
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May 12, 2025
Productive meetings in Geneva, Trump hails China talks, says two sides negotiated ‘total reset’
U.S. President Donald Trump hailed talks with China in Switzerland on Saturday, saying the two sides had negotiated “a total reset in a friendly, but constructive, manner.” Meeting lasted for about 8 hours, but neither side came out with an official statement.
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