U.S. Credit Rating Downgrade: Is a Dollar Rebound Unlikely?
Last week, positive progress in U.S.-China trade negotiations boosted global market sentiment, leading to a rally in stocks and risk assets. Meanwhile, gold, a traditional safe-haven asset, fell sharply by more than 5% before partially recovering over the weekend. The U…
Gold’s Rally Pauses as Sentiment Shifts, but Structural Support Holds Firm
Gold prices fell sharply this week, dropping over 5% before staging a sharp rebound yesterday. The metal hit its lowest level in more than a month, driven by improved sentiment surrounding US-China trade negotiations. Shift in Sentiment Weighs on Gold The recent decline…
US-China Agree to 90-Day Tariff Suspension, CPI in Focus
On May 12, 2025, the United States and China reached a significant agreement to suspend certain tariffs for 90 days following two days of trade talks in Switzerland. This move marks a meaningful step toward easing ongoing trade tensions and opens a window for further ne…
BoE Rate Cut, UK-US Trade Deal Shift Market Sentiment
In its May meeting, the Bank of England (BoE) reduced the benchmark interest rate by 25 basis points to 4.25%. This marks the fourth consecutive rate cut since August 2024, aimed at supporting the UK economy amid growing global trade uncertainty. Additionally, the UK an…
Monetary Policy on Hold as Fed Monitors Trade Risks
At the May meeting, the Federal Reserve kept its benchmark interest rate unchanged at 4.25%–4.50%, as widely expected by the market. This marks the third straight meeting with no change to rates. The Fed also maintained a similar policy stance compared to previous meeti…