19th May Monday Market Update #184: Starmer pleased with himself...again.
- Paul Wallace
- May 19
- 1 min read
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Hello Traders,
Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations - just what I am looking at and interested in.
Today we looked at; FX STAM, The Boeing Company ($BA), The Bank Of New York Mellon Corporation ($BK), and Zoom Communications Inc ($ZM).
The Monday Market Update for May 19, 2025, analyzed market trends and currency performance. The Swiss Franc and Sterling led, while the Canadian and US dollars lagged. The US faced a Moody's downgrade from AAA to Aa1, impacting the dollar and equity indexes. Upcoming UK data, including CPI and retail sales, could influence Sterling. Gold and silver prices fell as risk-on sentiment increased. Boeing's share price rose due to Trump's Middle East deals. The Nikkei and DAX showed strong recoveries. The dollar weakened against major currencies, and the Euro and Sterling strengthened, with Sterling expected to be influenced by upcoming UK data.
We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.
Have a great trading week.
***We will return in 2 weeks time on the 2nd June.***
Trade well,
Paul
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