April 14, 2025 2:39 pm
Key moments Apple’s shares enjoyed a notable boost on Monday, climbing by over 4.50%. Optimism surrounding the Trump administration’s move to postpone certain tariffs targeting Chinese electronics directly translated into a flurry of buying activity for Apple’s shares. Other tech stocks rallied as well, including giants like Nvidia and Dell Technologies. Investors Cheer Tariff Break: […]
Read moreApril 14, 2025 7:12 am
Key moments The EUR/USD surged on Monday, climbing 0.56% to 1.1421. In contrast, the US Dollar Index declined to just above 99.220. Potential fed rate cuts, as well as the ongoing trade war between the US and China, have weighed heavily on the dollar. EUR/USD Rockets Over 0.50% Amidst Weakening Greenback After a decline that […]
Read moreApril 11, 2025 2:35 pm
Key moments The US dollar suffered a significant decline against the Swiss franc, with the USD/CHF exchange rate dropping to 0.8154. The Dollar Index (DXY) continues trading below 100. As global trade conflicts continue heating up, many investors turn to the Swiss franc for its safe-haven status. Trade Anxieties Fuels Franc Rally The USD/CHF exchange […]
Read moreApril 11, 2025 12:46 pm
Key moments US exports to China have been hit with a higher tariff of 125%. Nikkei 225 shed over 1,000 basis points on Friday, while the ASX 200 fell 0.82%. Korean stocks also dropped by 0.50%. The Hang Seng and SSE indices bucked this trend. The former gained 1.13%, while the latter rose 0.45%. Trade […]
Read moreApril 11, 2025 8:35 am
Key moments The US Dollar Index sank 1.25% on Friday, breaching the 100 threshold to 99.654. The EUR/USD exchange rate rose by 1.64% to reach 1.1381. Tariff-fueled fears have exerted downward pressure on the greenback. Euro Ascends to Multi-Year Peak as Dollar Weakens Amid Trade Tensions Friday witnessed the euro experiencing a notable surge against […]
Read moreApril 10, 2025 2:41 pm
Key moments Tesla’s share price experienced a significant downturn on Thursday, falling by 6.74% to $253.86. Investor sentiments turned pessimistic as existing 25% tariffs on the auto industry were not halted, and the US increased its levies on Chinese goods. Goldman Sachs reassessed its Tesla share price target, lowering it to $260. Tesla Shares Sink […]
Read moreApril 10, 2025 9:28 am
Key moments The British Pound appreciated 0.45% against the US dollar on Thursday, with the exchange rate reaching 1.2872. The sterling was bolstered by news of the Trump administration temporarily halting most US tariffs of over 10%. The FTSE 100 also reacted positively to the news, with Barclays PLC climbing just over 10.80%. Tariff Relief […]
Read moreApril 10, 2025 7:17 am
Key moments The Dow Jones Industrial Average experienced a major rally, soaring by 2,963.86 basis points on Wednesday. The Nasdaq Composite and the S&P 500 also closed with gains. The former reached 17,124.97, while the latter achieved a 9.51% increase. Stocks rebound after it was announced that most US tariffs higher than the 10% baseline […]
Read moreApril 9, 2025 12:05 pm
Key moments The EUR/USD climbed 0.84% to 1.1045 on Wednesday. The US Dollar Index dropped below 102.300 amid a 0.64% decrease. As tariff hikes on goods imported to the US took effect, investors began selling US Treasuries en masse. Tariff Tensions Exert Pressure on the US Dollar, US Treasuries Under Fire On Wednesday, the euro […]
Read moreApril 9, 2025 9:02 am
Key moments Brent crude futures suffered a significant 3.31% decrease on Wednesday. WTI crude futures fell sharper, dropping 3.56% to $57.46 after earlier fluctuations saw prices slide below $57. Oil prices sank on concerns that ongoing trade war escalation could lead to a recession. Brent and WTI Futures Plummet Amid Economic Jitters Wednesday witnessed a […]
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