Monthly Archives: May 2025
Pound Struggles to Hold Ground as Weak Data and BoE Cut Weigh on Sentiment
Written on May 19, 2025 at 5:48 am, by
Key Takeaways: *Recent soft economic indicators coupled with the Boe rate cut dampen the Pound Sterling’s strength. *Eyes on today’s UK GDP reading. Market Summary: The Pound Sterling remains at elevated levels but is showing signs of fatigue, pressured by a string of disappointing economic indicators. All major PMI readings for May fell below theContinue Reading
S&P 500 Inches Toward 6,000 Milestone Amid Slowing Momentum
Written on May 19, 2025 at 5:48 am, by
Key Takeaways: *S&P remains bullish but faces strong resistance at below the 6,000 mark. *Jerome Powell’s speech and U.S. Retail Sales today could pivot S&0 500 direction. Market Summary: The S&P 500 extended its gains in the last session, though signs of waning momentum and a softer tone in Asian futures are prompting market participantsContinue Reading
Crude Oil Rises on Trade Optimism and Weak Dollar
Written on May 14, 2025 at 9:36 am, by
Key Takeaways: *Oil Gains on Trade Progress: Positive U.S.-China trade talks have improved the outlook for global energy demand. *Weaker Dollar Supports Commodities: Lower-than-expected U.S. inflation data has pressured the dollar, supporting crude prices. Market Summary: Crude oil prices extended gains as renewed optimism over U.S.-China trade relations and a weaker U.S. dollar boosted marketContinue Reading
