May 20, 2025 6:51 am
Key Moments: EUR/JPY fell below 162.50 on May 20th. Additional rate hikes in Japan may be on the horizon, according to BoJ Deputy Governor Shinichi Uchida. Market expectations point to a 90% chance that the ECB will cut interest rates in early June. EUR/JPY Loses Ground The euro depreciated against the Japanese yen on Tuesday, […]
Read moreMay 19, 2025 1:29 pm
Key Moments: The FTSE 100 slipped by 0.7% on Monday. A UK-EU post-Brexit deal was finalized, covering food checks and fishing rights through 2038. The decision of Moody’s to remove the US’s last triple-A credit rating outweighed positive sentiment from the UK-EU trade deal. Markets React to Credit Rating Downgrade and UK-EU Pact UK equities […]
Read moreMay 19, 2025 11:47 am
Key Moments: EUR/USD climbed above 1.1270 on Monday. The US Dollar Index weakened following Moody’s downgrade of US sovereign credit to Aa1. Market consensus indicates the Federal Reserve is unlikely to cut rates over the next two policy meetings Dollar Softens After US Credit Downgrade, Euro Gains Ground The EUR/USD pair surged to 1.1272 during […]
Read moreMay 19, 2025 6:52 am
Key Moments: Moody’s recently lowered the US credit rating to Aa1, citing rising deficits and refinancing risks. Futures for major indexes declined on Monday, with Nasdaq 100 futures down 1.20%. The decline in futures on Monday contrasts with the robust market performance of the preceding week. Credit Downgrade Sparks Broad Market Pullback Monday saw US […]
Read moreMay 16, 2025 1:30 pm
Key Moments: XRP fell to $2.4 after a proposed $50 million settlement in an ongoing SEC case was rejected by the court on procedural grounds. Judge Torres ruled Ripple and the SEC’s motion was invalid due to failure to invoke Federal Rule of Civil Procedure 60. Both parties plan to refile the motion properly in […]
Read moreMay 16, 2025 10:18 am
Key Moments: Dutch TTF rose 0,75% to €35.56 on Friday. Gas demand for power generation jumped 173 GWh/day on expectations of weaker wind output. Peace talks between Russia and Ukraine in Istanbul attracted market attention. Stability Defines Friday Gas Trade European wholesale gas prices remained in a tight trading band on Friday morning, supported by […]
Read moreMay 16, 2025 9:40 am
Key Moments: The KOSPI rose 0.21% on Friday and jumped by nearly 2% for the week. Within the chip sector, stock performance was not uniform. Samsung Electronics shed 500 basis points, while SK Hynix gained by 2%. Foreign investors purchased 169.4 billion won worth of South Korean shares. KOSPI Rises Further South Korean equities ended […]
Read moreMay 15, 2025 1:56 pm
Key Moments: Switzerland’s GDP rose by 0.7% in 2025’s first quarter. USD/CHF declined to 0.8362 on Thursday, reversing the previous day’s upward movement. US April PPI dropped more than expected, reinforcing pressure on the US Dollar despite an uptick in Retail Sales. Swiss Economy Records Faster Growth in Q1 Switzerland’s economy expanded by 0.7% in […]
Read moreMay 15, 2025 10:34 am
Key Moments: Alibaba reported fiscal Q4 revenue of 236.45 billion yuan, falling short of the 237.24 billion yuan expected by analysts. Shares listed in the US dropped more than 5% in pre-market trading, retreating to $126.94. Consumers in China have become increasingly frugal, triggering fierce pricing battles among major e-commerce competitors. Revenue Disappointment Hits Shares […]
Read moreMay 15, 2025 6:59 am
Key Moments: The UK’s GDP expanded 0.7% quarter-over-quarter in the first three months of 2025, beating market expectations. March monthly GDP increased 0.2% even though analysts had expected no growth. The GBP/USD pair rose above the 1.3200 mark. Solid Start to 2025 for the UK Economy The UK posted stronger-than-expected economic growth in the first […]
Read more
