Monthly Archives: May 2025
Oil Drops as High EIA Reports and Iran Deal Prospects
Written on May 19, 2025 at 5:50 am, by
Key Takeaways: *U.S. crude inventories surged, raising oversupply concerns. *Iran nuclear deal talks could add more oil to global markets. *Bearish outlook persists without stronger demand or new risks. Market Summary: Crude oil markets came under pressure following a combination of negative fundamental data and geopolitical developments. The U.S. Energy Information Administration (EIA) reported aContinue Reading
Dollar Stall as Markets Grapple with Mixed Signals
Written on May 19, 2025 at 5:49 am, by
Key Takeaways: *Dollar swings as soft CPI data fuels Fed rate cut bets, but trade optimism offers support *Gold dips on improved risk appetite, but weak dollar limits downside. *Both assets are likely to consolidate amid mixed signals. Dollar: Dovish Data vs. Trade Optimism The U.S. Dollar Index (DXY) experienced significant volatility in the latestContinue Reading
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
