Financial markets experienced significant volatility at the beginning of last week, but today, Tuesday (May 27, 2025), the atmosphere is relatively calm. This tranquility can be attributed to the lack of new market-moving sentiments. President of the United States, Donald Trump, announced the postponement of import tariff increases on products from the European Union until July 9, which remains a key factor influencing the markets.<\/p>\n
GOLD<\/strong> This deferment enhances the prospects for a trade agreement between the United States and the European Union, encouraging market participants to put their money into riskier assets with higher yields. Consequently, this has exerted negative pressure on Gold.<\/p>\n OIL<\/strong> This plan casts a bearish sentiment over Oil and could overshadow the market in the coming days.<\/p>\n EURUSD<\/strong> Later in the European trading session, data on German consumer sentiment released at 13:00 WIB could influence the EURUSD. The forecast<\/em> from Trading Central suggests sentiment this month could be at -19, which is a slight improvement from the previous month’s -20. <\/p>\n If the release performs better than expected, it could provide a positive boost for the EURUSD.<\/p>\n GBPUSD<\/strong> The UK economy’s robustness, coupled with rising inflation, leads market participants to believe that the Bank of England (BoE) is unlikely to cut interest rates again in the near future, which supports a positive outlook for GBPUSD and is expected to influence movements during the European session.<\/p>\n USDJPY<\/strong> In today\u2019s session, USDJPY briefly dipped to 142.112 before rebounding to 143.333. This movement indicates that short covering<\/em> is ongoing, as the US dollar still faces negative sentiment due to concerns over rising debt and fiscal deficits in the United States.<\/p>\n This suggests that USDJPY remains vulnerable to reversal.<\/p>\n Nasdaq<\/strong> However, in today’s trading, Nasdaq has retreated to around 21,141 due to profit-taking. The risks from escalating debt and fiscal deficits driven by President Trump’s proposed tax and spending legislation continue to loom over Nasdaq, adding to negative sentiment.<\/p>\n Financial markets experienced significant volatility at the beginning of last week, but today, Tuesday (May 27, 2025), the atmosphere is relatively calm. This tranquility can be attributed to the lack of new market-moving sentiments. President of the United States, Donald Trump, announced the postponement of import tariff increases on products from the European Union until […]<\/p>\n","protected":false},"author":4,"featured_media":21040,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5170,142],"tags":[5175,5174,5176,5178,5177,5168],"class_list":["post-62018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-summary","category-news","tag-cls10","tag-eurusd","tag-gbpusd","tag-nq","tag-usdjpy","tag-xauusd"],"yoast_head":"\n
The price of Gold (XAUUSD) fell by $15.78 or 157.8 pips to $3,342.24 per troy ounce during the early trading of last week. Trump’s decision to delay the import tariff increase from the EU has diminished Gold’s appeal as a safe haven<\/em> investment.<\/p>\n
Oil prices (CLS10) followed a volatile path at the beginning of last week, ultimately dropping by $0.22 to $61.50 per barrel. This week, all eyes are on the OPEC+ meeting, which intends to increase production by 411,000 barrels per day starting in July.<\/p>\n
The EURUSD pair rose by 235 points (23.5 pips) to 1.13852 during last week\u2019s early trading. The pair benefited from positive sentiment stemming from the extended trade negotiation timeline between the United States and the European Union.<\/p>\n
GBPUSD saw a spike nearing the 1.36000 level at the beginning of last week, marking its highest point since February 2022. Subsequently, the pair experienced profit-taking and closed Monday’s trading at 1.35572, up by 183 points (18.3 pips).<\/p>\n
USDJPY increased by 204 points (20.4 pips) to 142.762 in Monday’s trading. The rise can be attributed to short covering<\/em> after experiencing a decline of over 600 pips in just nine trading days.<\/p>\n
The Nasdaq index surged by 331 points to 21,283 during Monday\u2019s trading, buoyed by positive sentiment from the extended US-EU trade negotiations.<\/p>\n