May 5, 2025 6:55 am
Key Moments: The Indian Rupee gained on Monday, supported by declining oil prices and improving US-India trade prospects. The USD/INR pair dropped 0.35% to 84.1820, while the US Dollar Index retreated by 0.25%. Geopolitical tensions between India and Pakistan may limit further appreciation of the Rupee. INR Boosted by External Support, Faces Geopolitical Risks The […]
Read moreMay 2, 2025 1:32 pm
Key Moments: Bitcoin reached the $97,213 mark on Friday, climbing by 0.7%. The cryptocurrency’s market dominance has risen to 64.89%. On Thursday, Bitcoin ETF inflows exceeded $422 million. Bitcoin Extends Its Lead in Crypto Markets Bitcoin enjoyed a notable rally on Friday, as the cryptocurrency hit $97,213 amid a 0.7% climb. Moreover, Bitcoin’s share of […]
Read moreMay 2, 2025 8:15 am
Key Moments: The FTSE 100 index opened 0.83% higher on Friday. Positive signals from China on US trade talks bolstered investor confidence across the UK and Europe. The DAX rose by 294.76 basis points, while the broad STOXX 600 edged 0.93% higher. Equity Markets Open Higher on Optimism Over Trade Dialogue London’s FTSE 100 climbed […]
Read moreApril 30, 2025 2:41 pm
Key Moments: Three analysts lowered their price targets for Apple (AAPL) ahead of its March earnings report. Tariff-related concerns triggered downward adjustments in future iPhone and wearable unit estimates. Apple shares slipped 1.9%, hitting $207.17. Analysts Turn Cautious on Apple Before Earnings Several analysts on Wall Street have reduced their price targets for Apple Inc […]
Read moreApril 30, 2025 1:53 pm
Key Moments: Canada’s real GDP fell by 0.2% in February, partially reversing January’s 0.4% gain. Industries relating to goods production contracted by 0.6%, driven by declines in mining and construction. In total, 12 out of Canada’s 20 industrial sectors experienced a contraction. After dipping to 1.3821 earlier on Wednesday, the USD/CAD exchange rate has stabilized […]
Read moreApril 30, 2025 9:46 am
Key Moments: The US Dollar Index advanced for a second straight session, hovering around the 99.40 threshold. Two-year yields rose 3.66%, while ten-year yields experienced a climb of 4.16%. March job openings sank, dropping to 7.19 million. Q1 GDP growth is expected to slow significantly to 0.4% YoY. Greenback Extends Strength as Bond Yields Stabilize […]
Read moreApril 30, 2025 7:09 am
Key Moments: Starbucks reported a 40% year-over-year drop in fiscal quarterly profit. Global same-store sales declined by 1% for the quarter. Shares dropped 7% in pre-market trading following the earnings release. Disappointing Quarter Weighs on Investor Sentiment Starbucks Corporation (NASDAQ: SBUX) disappointed shareholders with its fiscal second-quarter results, pushing its stock down 7% in pre-market […]
Read moreApril 29, 2025 1:52 pm
Key Moments: US-listed Bitcoin ETFs attracted more than $3 billion in net inflows last week. The momentum did not slow on Monday, as SoSoValue data suggests daily inflows reached $591.3 million. Bitcoin was volatile on Tuesday, hovering around the $95,000 mark. Institutional Demand Shows no Signs of Waning A massive influx of institutional cash saw […]
Read moreApril 29, 2025 11:02 am
Key Moments: Chinese authorities informed AstraZeneca of a potential $8 million fine stemming from unpaid import taxes. The company said the taxes in question appear tied to imports of its breast cancer drug Enhertu. The company’s stock fell 3.04% on Tuesday. Core earnings beat forecasts at $2.49 per share in Q1, but revenue fell short […]
Read moreApril 29, 2025 8:01 am
Key Moments: MedCap AB reported a 7% increase in net sales for Q1 2025, reaching SEK 493.8 million. The EBITA margin recovered to 17% despite a 6% drop in EBITA. Assistive Tech drove growth with a 29% sales surge, while Specialty Pharma underperformed due to continued product headwinds. The company’s stock price fell on Tuesday, […]
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