Monthly Archives: May 2025
Dollar Gains on Strong U.S. Data; Soft ADP Jobs Hint at Weak NFP
Written on May 6, 2025 at 6:17 am, by
Market Summary Markets remained largely subdued earlier this week as investors awaited key U.S. economic data for fresh direction. On Wednesday, the Personal Consumption Expenditures (PCE) index came in slightly above expectations, while GDP figures also beat market consensus—reinforcing the view that the Federal Reserve is likely to keep interest rates elevated in May. TheContinue Reading
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 5:46 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
