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United States Trade Representative (USTR) Jamieson Greer told CNBC on Tuesday that it will take time to end non-tariff barriers with China.

Created : 2025.05.13 20:23

Last updated : 2025.05.13

The AUD/USD pair climbs to near 0.6410 during European trading hours on Tuesday. The Aussie pair strengthens on the outperformance of antipodeans after the United States (US) and China averted the trade war after agreeing to lower import duties following a two-day meeting in Switzerland.

Created : 2025.05.13 20:17

Last updated : 2025.05.13

The Mexican Peso (MXN) is trading higher against the US Dollar (USD) on Tuesday as a rebound in global risk sentiment supports emerging market currencies ahead of a key macroeconomic week. At the time of writing, USD/MXN is trading around 19.578, down 0.30% intraday.

Created : 2025.05.13 20:07

Last updated : 2025.05.13

In April, China imported a record-breaking 2.92 million tons of Copper ore and concentrate. Over the last 12 months, a total of 28.8 million tons were imported, which is also a record high.

Created : 2025.05.13 19:57

Last updated : 2025.05.13

West Texas Intermediate (WTI), futures on NYMEX, extends its winning streak for the fourth trading session on Tuesday. The Oil price climbs to near $62.00 as the 90-day agreement between the United States (US) and China to reduce tariffs substantially by 115% has boosted its demand outlook.

Created : 2025.05.13 19:53

Last updated : 2025.05.13

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, corrects to near 101.50 in the European trading session on Tuesday.

Created : 2025.05.13 19:43

Last updated : 2025.05.13

The World Gold Council reported Gold ETF data for April last week, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.05.13 19:42

Last updated : 2025.05.13

US Dollar (USD) could continue to weaken vs Chinese Yuan (CNH); the major support at 7.1700 is likely out of reach for now. In the longer run, renewed downward momentum suggests 7.1700 is back in sight, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.13 19:39

Last updated : 2025.05.13

Silver, Platinum and Palladium initially rose after the tariff announcement yesterday, but subsequently also came under pressure in the wake of Gold, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.05.13 19:30

Last updated : 2025.05.13

US Dollar (USD) is likely to trade in a 146.50/148.60 range vs Japanese Yen (JPY). In the longer run, further USD strength is likely, but it could first trade in a range for a few days; the level to monitor is 149.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.13 19:25

Last updated : 2025.05.13

The Pound Sterling (GBP) trades with caution against its peers on Tuesday after the release of the United Kingdom (UK) labor market data for the three months ending March.

Created : 2025.05.13 19:22

Last updated : 2025.05.13

The price of Gold fell by up to 3.5%, or more than $100, to just over $3,200 per troy ounce following the news of the temporary lifting of most of the reciprocal tariffs between the US and China, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.05.13 19:13

Last updated : 2025.05.13

USD/JPY consolidates near recent highs as the BoJ's cautious tone and low market-implied hike expectations contrast with ongoing dollar strength, BBH FX analysts report.

Created : 2025.05.13 19:08

Last updated : 2025.05.13

The risk for New Zealand Dollar (NZD) is on the downside vs US Dollar (USD), but any decline is likely part of a lower range of 0.5835/0.5900.

Created : 2025.05.13 19:04

Last updated : 2025.05.13

The surprising announcement of a significant reduction in reciprocal tariffs between the US and China led to a sharp rise in oil prices yesterday. Brent rose by up to 4% to more than $66 per barrel, WTI to $63.6 per barrel, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.05.13 18:59

Last updated : 2025.05.13

Slight increase in momentum suggests Australia Dollar (AUD) could test 0.6350 against US Dollar (YSD); the major support at 0.6330 is unlikely to come under threat.

Created : 2025.05.13 18:52

Last updated : 2025.05.13

The latest inflation figures were published in China over the weekend, reporting on price developments in April. Consumer prices rose by 0.1% month-on-month, but the annual price change remained negative for the third consecutive month at -0.1%.

Created : 2025.05.13 18:47

Last updated : 2025.05.13

Today's UK labour market data has had no discernible impact on Pound Sterling (GBP), ING's FX analyst Chris Turner notes.

Created : 2025.05.13 18:43

Last updated : 2025.05.13

Pound Sterling (GBP) could retest the 1.3140 level vs the US Dollar (USD) before a more sustained recovery can be expected. In the longer run, GBP is expected to weaken, but the major support at 1.3070 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.05.13 18:40

Last updated : 2025.05.13

Japan's current account surplus remained solid in March. At JPY 3.7 trillion, this was slightly lower than in February. However, when calculated over the last twelve months, a new all-time high of JPY 30.4 trillion was reached, Commerzbank's FX analyst Volkmar Baur notes.

Created : 2025.05.13 18:36

Last updated : 2025.05.13