Monthly Archives: May 2025
Eyes on Today’s PCE
Written on May 6, 2025 at 5:54 am, by
Market Summary Global financial markets remained subdued at the start of the week as investors await pivotal inflation data from the U.S. The dollar index hovered near the 99.00 level, reflecting muted sentiment, while Wall Street’s major benchmarks posted modest gains of less than 1%, signaling a loss of upward momentum. Market focus now shiftsContinue Reading
Wall Street Bulls on Positive U.S.- China Trade Talk
Written on May 6, 2025 at 5:47 am, by
Market Summary U.S. equities extended their rally overnight, with the Dow Jones reclaiming the 40,000 mark and the Nasdaq outperforming, supported by renewed optimism around global trade developments. President Trump’s comments that the U.S. is “very close” to a deal with Japan, alongside ongoing negotiations with China and potential interim agreements with Iran, lifted sentiment,Continue Reading
Dollar Wobbles as Wall Street Eyes ‘Magnificent Seven’ Reports
Written on May 6, 2025 at 5:43 am, by
Market Summary Volatility is set to rise this week as investors brace for earnings reports from the “Magnificent Seven” tech giants, with Apple, Microsoft, Amazon, and Meta Platforms scheduled to report in the coming days. Markets consolidated ahead of the releases, with sentiment cautious but resilient, as traders positioned for potential sharp moves across equitiesContinue Reading
