Day: May 27, 2025

Hawkish vs. Dovish RBNZ Rate Cut – Will NZD/USD Break Above 0.60 or Tumble Lower?

Posted on by Skerdian Meta

As the Reserve Bank of New Zealand heads into the May meeting, markets prepare for a widely expected rate cut, with USD to NZD rate struggling to break through key technical levels. Continue reading “Hawkish vs. Dovish RBNZ Rate Cut – Will NZD/USD Break Above 0.60 or Tumble Lower?” →

Wall Street Rises After Trump Postpones Tariffs Against the EU

Posted on by Ignacio Teson

The three major U.S. stock indices closed sharply higher on Tuesday, bouncing back after a long holiday weekend. The rally was fueled by news that U.S. President Donald Trump has postponed his proposed tariffs on the European Union.

Wall Street Rises After Trump Postpones Tariffs Against the EU.

The Dow Jones Industrial Average, which tracks 30 major U.S. companies, rose 1.78% to 42,343.65 points. The S&P 500, which includes the largest U.S. companies by market value, gained 2.05% to 5,921.54, while the Nasdaq Composite jumped 2.47% to 19,199.16.

[[SPX-graph]]

Trump announced on Sunday that the tariff deadline would be pushed back to July 9. On Tuesday, he welcomed the EU’s willingness to engage in trade talks with Washington but warned that he expects tangible progress.

Markets reacted positively to hopes of a breakthrough in U.S.-EU trade negotiations, helping extend the recent bullish trend. Attention is now shifting to Nvidia’s upcoming earnings report, with the chipmaker playing an outsized role in the rally.

Nvidia Lifts Tech Sector

Nvidia, the semiconductor powerhouse and the third-most valuable company in the U.S. market, rose 3.21% — the second-best performance among the “Magnificent Seven” tech giants, trailing only Tesla, which surged 6.94%.

Durable Goods Orders Drop Sharply

Despite the optimism in equities, fresh data highlighted cracks in the U.S. economic outlook. Orders for durable goods — manufactured products expected to last at least three years — fell 6.3% in April, following a revised 7.6% gain in March, according to the U.S. Census Bureau.

The sharp drop adds to concerns over economic volatility and underscores the market’s sensitivity to political developments, particularly Trump’s unpredictable trade policy. While his decision to postpone tariffs offered short-term relief, it also reinforced investor uncertainty surrounding the U.S. administration’s long-term economic strategy.

Mexican Peso Slips Against the Dollar, Hovering Near Early October Lows

Posted on by Ignacio Teson

The Mexican peso weakened slightly against the U.S. dollar on Tuesday, giving up some ground after briefly appreciating to around 19.18 per dollar — levels not seen since early October.

Mexican Peso Slips Against the Dollar, Hovering Near Early October Lows.

The move came as market sentiment improved amid easing global trade tensions.

The exchange rate closed the session at 19.2683 pesos per dollar, compared to 19.2359 in the previous session, according to official data from the Bank of Mexico (Banxico). This marks a modest depreciation of 3.24 centavos, or 0.17%.

During the day, the dollar traded between a high of 19.2869 and a low of 19.1824 pesos. Meanwhile, the U.S. Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, gained 0.61% to 99.59 points.

Trade Tensions Ease

U.S. President Donald Trump announced Sunday that new tariffs on the European Union would be postponed until July 9. On Tuesday, he welcomed the EU’s decision to open trade talks with the White House, describing it as a positive step. The news helped lift sentiment in global markets.

[[USD/MXN-graph]]

All Eyes on the Fed and Banxico Minutes

Traders are now closely watching the upcoming release of the Federal Reserve’s meeting minutes on Wednesday, which could provide new clues about the direction of U.S. monetary policy. On Thursday, Banxico will publish minutes from its most recent meeting, which could influence local rate expectations.

Technical Outlook

Analysts note that the peso remains in a recovery trend. A break below the key 19.18 support level could signal further appreciation, with the next technical target around 19.10 pesos per dollar.

Mexican Stocks Edge Higher After Hitting Record Intraday High

Mexican stock markets posted modest gains on Tuesday. Although early morning momentum pushed the market to a new intraday record, most of the gains were later erased. Still, equities managed to notch a third consecutive session of gains.

The benchmark S&P/BMV IPC index, which tracks the most traded local stocks, rose 0.23% to 58,593.83 points. The FTSE BIVA, the main index of the Institutional Stock Exchange (Biva), climbed 0.58% to 1,185.45 points.

Strong Rebound in Dow Jones (DJIA) as Predicted – Optimism Returns on US-EU Negotiations

Posted on by Skerdian Meta

Strong gains were seen in US equities markets as a result of a brief halt in impending US tariffs on European goods, with the Dow Jones rising 1.8%.
Continue reading “Strong Rebound in Dow Jones (DJIA) as Predicted – Optimism Returns on US-EU Negotiations” →

DJT Swings as Trump Media Bets Big on BTC: $2.5B Investment Sends Shockwaves

Posted on by Skerdian Meta

Market excitement was followed by a reversal after Trump Media and Technology decided to raise $2.5 billion for a substantial Bitcoin investment.
Continue reading “DJT Swings as Trump Media Bets Big on BTC: $2.5B Investment Sends Shockwaves” →

Nvidia Soars Ahead of Earnings as Wall Street Focuses on AI

Posted on by Ignacio Teson

In a world where technology is reshaping the global economy, Nvidia’s quarterly earnings report has become more than just a corporate update — it’s a key signal for the direction of the broader market.

Nvidia Soars Ahead of Earnings as Wall Street’s Focus Turns to AI.

Shares of Nvidia (NASDAQ: NVDA) are rallying in Tuesday’s premarket trading, rising as much as 2.9% and outperforming its peers within the so-called “Magnificent Seven.” The company is set to release its fiscal Q1 2026 results on Wednesday, and market expectations are as high as the company’s profile in the era of artificial intelligence.

The stock’s momentum aligns with a broader uptick in U.S. equity futures: S&P 500 contracts are up 1.5%, while Nasdaq 100 futures advance 1.4%, reflecting renewed optimism among tech investors.

Big Tech Joins the Rally — But Nvidia Leads

Other tech giants are also gaining ground:

  • Tesla (+2.7%)
  • Alphabet (+2.3%)
  • Meta (+2.1%)
  • Apple (+2.0%)
  • Amazon (+1.9%)
  • Microsoft (+1.3%)

Still, Nvidia stands out once again, posting the largest gain among its peers and reinforcing its leadership in the AI-driven technological paradigm.

Sky-High Expectations, Growing Pressure

Analysts expect Nvidia to report revenue of $43.26 billion, a 66% year-over-year increase — though more tempered than the 262% surge seen in the same quarter last year. Adjusted earnings per share (EPS) are projected at $0.88, up from $0.61, representing a 44% jump.

[[NVDA/USD-graph]]

Despite these lofty forecasts, many on Wall Street believe they may still underestimate Nvidia’s momentum. The company has beaten revenue estimates for eight straight quarters, with an average surprise of 8.4%. In a booming sector, Nvidia’s leadership goes beyond chip demand — it reflects an aggressive expansion into full-stack AI infrastructure.

The Core of Nvidia: Data Centers and the Blackwell Ecosystem

Much of Nvidia’s growth is being driven by its Data Center division, now the company’s largest and most profitable segment. This unit is expected to bring in $21.27 billion this quarter, fueled by strong demand from cloud giants, AI startups, and enterprises building foundation models.

CEO Jensen Huang has positioned Nvidia not just as a chipmaker, but as the central platform of the AI revolution. In March, the company unveiled its Blackwell architecture, including the flagship GB200 Grace Blackwell Superchip, which is already being integrated by AWS, Google Cloud, Microsoft Azure, and Oracle.

Beyond Hardware: A Push Toward Recurring Revenue

Nvidia is also broadening its strategy with investments in software, networking, and cloud services. This shift aims to reduce reliance on hardware cycles, improve margins, and create more predictable, recurring revenue streams — positioning the company as a full-stack AI infrastructure provider.

Bitcoin Tops $110,000, Nearing All-Time High

Posted on by Ignacio Teson

Bitcoin (BTC) continues its rebound, climbing back above $110,000 this Tuesday after a nearly 4% drop on Friday, according to Binance.

Bitcoin Tops $110,000, Nearing All-Time High.

The highly anticipated Bitcoin 2025 Conference kicks off today in Las Vegas, drawing heightened attention from traders and investors. The recent rise in short-term implied volatility suggests that market participants are bracing for potential risks stemming from headlines during the event—risks that could trigger volatility spikes and liquidations in the world’s largest cryptocurrency by market cap.

Anticipation Builds for Bitcoin Conference in Las Vegas

The three-day conference in Las Vegas, Nevada—running from Tuesday to Thursday—is a key event on the crypto calendar. Now in its sixth annual edition since 2019, it highlights Bitcoin’s continued growth, innovation, and adoption.

[[BTC/USD-graph]]

Bitcoin 2025 will host some of the most influential voices from the crypto, financial, and political spheres. Featured speakers include:

  • JD Vance – Vice President of the United States
  • Michael Saylor – Executive Chairman of MicroStrategy
  • Donald Trump Jr. – Entrepreneur
  • Eric Trump – Co-founder and Chief Strategy Officer

The persistent increase in short-term volatility indicates that traders are hedging against the risk of unexpected headlines coming out of the event.

The report also recalls that during the 2024 Bitcoin Conference in Nashville last July, one-day implied volatility surged past 90 following a speech by current U.S. President Donald Trump. That spike in volatility was followed by a sharp reversal, with BTC prices plunging nearly 30% within just two days.

Short-Term Holders Take Profits

According to recent data, short-term BTC holders have realized $11.4 billion in profits over the past 30 days—a significant jump from the $1.2 billion recorded in the previous 30-day period. This spike in profit-taking suggests the market may enter a consolidation phase as it digests the recent wave of selling before attempting another bullish move.

Despite short-term selling pressure, institutional demand remains strong.

GME Stock Breaks First Target at $34, Next $45 on BTC and Meme Rally, Big Bank Buy-In

Posted on by Skerdian Meta

As GME is driven by crypto strength, an unexpected institutional stake, and important technical signs, GameStop stock is once again in the public eye.
Continue reading “GME Stock Breaks First Target at $34, Next $45 on BTC and Meme Rally, Big Bank Buy-In” →

South Africa’s Rand Soars After SARB Repo Rate Cut – USD/ZAR Eyes R17 as R18 Turns Resistance

Posted on by Skerdian Meta

The South African rand’s recent notable increase can be attributed to a number of factors, but today’ fall in USD/ZAR comes as the South African Reserve Bank delivered a 25 bps repo rate cut. Continue reading “South Africa’s Rand Soars After SARB Repo Rate Cut – USD/ZAR Eyes R17 as R18 Turns Resistance” →