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France, Vietnam signed deals including 20 Airbus planes as Macron visits Hanoi, boosting ties amid U.S. tariff threats and rising South China Sea tensions.
Trump delays EU tariff threat to July 9 after call with EU chief. Earlier, he warned Apple, EU over trade; markets dipped as tensions rose.
GBP/USD have seen significant move to the upside closing above 1.35300. Economic Calendar Volatility may continue this due to dollar weakness. GBP/USD hourly chart analysis The FX pair has approached a key resistance level at 1.3600, signaling a potential area of price consolidation or reversal. Notably, the pair continues to trade above its simple moving averages (SMAs), which suggests underlying bullish momentum remains
The FX pair showed significant bearishness, closing below 142.600. Economic Calendar Higher volatility levels may persist, considering both the U.S. and Japan are set to release key fundamental data. USD/JPY hourly chart analysis The FX pair has demonstrated a gradual bearish directional bias, with price action slipping below the 144.00 level, which previously acted as a significant resistance-turned-support zone. This slow downward movement
EUR/USD experienced a bullish reversal from the previous week's trend, closing above the 1.13500 level. Economic Calendar Analysis Increased volatility can be expected this week due to upcoming U.S. fundamental news releases, particularly related to Gross Domestic Product (GDP) and jobless claims. EUR/USD hourly chart analysis Continuing previous weeks trend FX pair appears to be trading with a bearish directional bias in the short
Republicans warn they may block Trump-backed bill over its $3.3T deficit impact. Passed by one House vote, the bill faces growing Senate opposition.
Indian rupee rose to 84.82/USD, extending Friday's 0.9% gain, as weak dollar trends from U.S. trade shifts and fiscal worries boosted Asian currencies.
Singapore's core inflation rose to 0.7% in April, above forecasts, but stayed low. Headline inflation held at 0.9%. Risks remain tilted to the downside.
Apple raised iPhone trade-in values in China to boost sales. iPhone 15 Pro Max now gets up to ¥5,700, signaling efforts to regain market share.
G7 finance chiefs vowed to address global economic imbalances and warned of possible tougher sanctions on Russia, despite some underlying differences.
The U.S. will stop making pennies, saving $56M yearly, as costs rose to 3.69 cents per coin. Trump called the coin "wasteful" in a February post.
Retail sales volumes in the UK saw a solid increase in April 2025, rising by 1.2% compared to the previous month. This marks a notable improvement from March 2025, when growth was initially estimated at 0.4% but later revised down to just 0.1%. A key driver of the April boost was a significant rise in food store sales, with retailers
The House passed Trump's major tax and spending bill 215-214, with GOP defections. Speaker Johnson calls it "generational" and aims for it to become law by July 4.
Walmart plans to cut about 1,500 jobs to streamline operations, affecting roles in tech, U.S. e-commerce fulfillment, and its ad unit, Walmart Connect.
The European Central Bank is expected to cut rates in June, but stronger economic data and rising inflation risks may lead to a pause in further rate cuts afterward.
Nestlé CEO says the firm is refocusing on core business, moving away from weaker segments like supplements, and recovering U.S. market share despite tariffs.
Visa launched a program to boost the fintech ecosystem by simplifying how businesses embed payments into their apps, aiming for smoother and faster integration.
Nike will raise prices on some adult apparel and gear by $2–$10 starting next week and resume selling products on Amazon after a six-year break.
Gold prices have staged a strong recovery, rebounding from the $3,120.00 level to trade above $3,300.00. This notable upward movement reflects renewed buying interest and market confidence. Additionally, the current price action shows that gold is now trading above key simple moving averages (such as the 50-day and 200-day SMAs), which often serves as a technical signal of continued bullish
Bitcoin reached a new all-time high of $111,348, rising 3% in 24 hours. It is up 17.5% year-to-date and 47% since its April low of $75,000.
Lowe's Companies, Inc. reported its first quarter 2025 financial results, showing a modest decline in both sales and earnings compared to the same period in 2024. For the quarter ending May 2, 2025, the company posted net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.92, down slightly from the $3.06 EPS reported in Q1 of the
Mexico's economy minister said cars made in Mexico and sold in the U.S. will face a 15% tariff, not 25%, thanks to discounts—calling it a big advantage.
Trump chose a design for the $175B Golden Dome missile shield and named a Space Force general to lead the satellite-based defense against China and Russia.
Nvidia CEO says U.S. AI chip export curbs to China failed, costing billions. Biden's rules blocked China; Trump plans to modify them.