Cautious Trade as APEC Cuts Growth View, Key UK and US Releases Awaited
Posted 15 May 2025Activity in the global stock markets remained relatively subdued, with US posting a mixed close overnight and Asian markets slipping modestly lower today. Despite China’s 50bps Reserve Requirement Ratio cut taking effect, expected to inject over USD 138B into the banking system, investor reaction has been muted. The cautious tone reflects lingering concerns over the […]
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Dollar Steadies After Early Weakness, Focus Turns to Australia Jobs Data
Posted 14 May 2025Dollar faced broad selling pressure throughout the Asian and European sessions but has since found some footing as markets transition into the US trading day. However, direction remains murky, with traders appearing undecided on whether to push the greenback higher or extend the recent pullback. A similar tone of uncertainty is mirrored in equities, as […]
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Dollar Rally Stalls, Market Cools, Trade Optimism Tempered by Reality
Posted 14 May 2025Global markets showed signs of fatigue overnight as trade optimism gave way to a more cautious tone. In the US, the S&P 500 eked out another gain, turning positive for the year, while DOW lagged and closed modestly lower. The divergence reflects a market still digesting the implications of recent trade developments. In Asia, stock […]
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