Despite the Moody’s Rating downgraded the US credit rating, the US stock market closed higher on Monday, the S&P500 closed higher for sixth consecutive day on Monday. The tech-heavy Nasdaq Composite also posted minor gain, reflecting investor optimism despite underlying economic uncertainties and credit concerns. Moody’s Rating Downgraded Moody’s downgraded the U.S. sovereign credit rating from AAA to AA1, citing…

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.S. dollar remained relatively stable, as overall market sentiment shifted from cautious to optimistic. As market confidence improved and trade…

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 in gold is largely attributed to a major sentiment shift. Easing tensions between the US and China…

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 negotiations on broader economic and trade issues. Key Details of the Agreement: Market Impact &…

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 and US reached a significant trade deal on Thursday, which is expected to shift market sentiment…