June 2, 2025 8:32 am
Key Moments: Monday saw procure.ch and UBS disclose that the Swiss Purchasing Managers’ Index (PMI) had dropped to 42.1 in May, its lowest since December 2023. European stocks slid by over 0.5% shortly after markets opened on June 2nd. China and the US exchanged accusations over trade agreement violations, and Trump announced an additional 25% […]
Read moreJune 2, 2025 6:49 am
Key Moments: The US dollar index declined 0.5% to 98.959 on Monday amid renewed tariff concerns. EUR/USD hovered near 1.1400 as it rose 0.48%. President Trump announced plans to increase the duties on steel and aluminum imports to 50% starting Wednesday. Dollar Slides as Trade Frictions Intensify The US dollar fell on Monday as investors […]
Read moreMay 30, 2025 1:32 pm
Key Moments: EUR/USD fell around 0.3% on Friday, dropping to 1.1332. TD Securities has projected a decline in the euro to 1.1100 in the second quarter. German retail sales dropped 1.1% last month, while Eurozone inflation data fueled expectations of an imminent 25-basis-point ECB rate cut. EUR/USD Slips on Friday, Euro to End May Flat […]
Read moreMay 30, 2025 7:28 am
Key Moments: US equities advanced Thursday, driven by Nvidia’s strong quarterly results. Friday’s futures contracts inched down as investors reacted to a federal appeals court ruling reinstating Trump’s tariffs. Nasdaq 100 e-minis dropped 0.3%, S&P 500 contracts fell 0.24%, and Dow futures edged 0.13% lower. Wall Street Rallies on Nvidia, Faces Reversal in Futures Major […]
Read moreMay 30, 2025 6:46 am
Key Moments: Tokyo’s consumer prices saw a 3.6% increase in May, the highest rise in around two years. A growing consensus among market participants points to a 25-basis-point interest rate hike by the Bank of Japan coming in July. The Japanese yen strengthened against the US dollar on Friday, with the USD/JPY falling 0.22% to […]
Read moreMay 29, 2025 1:51 pm
Key Moments: Ethereum gained substantially in early trading hours on Thursday, with its price breaching the $2,800 mark. The coin retreated to $2,675.80 after the surge. ETH rose roughly 50% during the month, sharply outperforming Bitcoin’s gain of over 10%. Traders rotated toward Ether amid rising demand, fueling wallet activity and network usage. May Delivers […]
Read moreMay 29, 2025 10:16 am
Key Moments: Crude oil futures climbed after a US court ruling challenged most of President Trump’s tariff policies. Brent contracts rose 1.24%, and WTI futures rallied by 1.37%. US crude inventories dropped by 4.236 million barrels last week, according to API data. Oil Advances on Legal Setback for US Tariffs Crude oil futures rose sharply […]
Read moreMay 29, 2025 9:23 am
Key Moments: Thursday saw the USD/CHF pair surge 0.46% to around 0.8300. The Dollar Index breached 100.000 after the US Federal Court blocked President Trump’s use of emergency powers to impose broad tariffs. The Swiss franc lost ground amid speculation around potential SNB interest rate cuts. USD/CHF Climbs as Swiss Franc Slips The US Dollar […]
Read moreMay 29, 2025 8:30 am
Key Moments: The US Federal Court blocked President Trump’s tariffs, triggering global investor enthusiasm. The STOXX 600 rose 0.5% on Thursday, while the CAC 40 jumped 1%. In Germany, stocks surged 0.6% higher. Nvidia’s strong earnings boosted European technology and AI-linked shares. European Equities Rally After Court Curbs Trump’s Tariff Authority European equity markets pushed […]
Read moreMay 28, 2025 1:56 pm
Key Moments: Germany’s seasonally adjusted unemployment rose by 34,000 to 2.96 million people this month. The jobless rate held steady at 6.3%, its highest non-pandemic level in around a decade. German stocks surrendered earlier gains and fell by 0.37%. Markets React to Job Data Germany’s DAX index experienced a volatile trading session on Wednesday. Early […]
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