May 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 moreMay 14, 2025 12:34 pm
Key Moments: The STOXX 600 index held steady on Wednesday. The Federal Reserve maintained a careful approach to potential interest rate adjustments. No further insights into the talks between US and European officials have been given. European Equities Stall After Recent Gains European shares were relatively flat on Wednesday, taking a breather after an extended […]
Read moreMay 14, 2025 8:29 am
Key Moments: Foxconn’s Q1 net profit surged 91% YoY, reaching T$42.12 billion ($1.39 billion). Its stock rose by 2.63% on Wednesday. The company projected high double-digit growth for AI server sales in Q2. Record Q1 Profit Beats Expectations Nvidia partner Foxconn, officially known as Hon Hai Precision Industry, reported a dramatic 91% increase in net […]
Read moreMay 14, 2025 7:23 am
Key Moments: The USD/JPY dropped 0.25% on Wednesday. Expectations for continued policy tightening by the Bank of Japan have supported the JPY. April’s US CPI data showed that inflation has slowed, which reinforced projections that the Federal Reserve will lower interest rates in 2025. Yen Strengthens as BoJ Signals More Tightening Ahead The USD/JPY fell […]
Read moreMay 13, 2025 1:59 pm
Key Moments: US egg prices declined 12.7% in April, dropping for the first time in months. Prices in April were still 79% higher year-over-year. April’s decline followed two consecutive record-breaking months, with prices peaking at $6.23 per dozen in March. Prices Ease but Remain Elevated Retail egg prices in the United States dropped in April […]
Read moreMay 13, 2025 11:52 am
Key Moments: Bitcoin dropped to $100,502 before rebounding past the $103,800 mark. Arizona Governor vetoed key crypto legislation while enacting tighter restrictions on Bitcoin ATMs. Liquidations involving over $200 million in Bitcoin futures have been observed. Bitcoin Gains Ground Bitcoin started out Tuesday with a retreat, falling to $100,502 as investors trimmed positions in anticipation […]
Read moreMay 13, 2025 8:59 am
Key Moments: The UK’s jobless rate climbed to 4.5% in 2025’s first three months to March. Annual pay growth (excluding bonuses) slowed to 5.6%. UK equities rose on Tuesday, although the FTSE 100 in particular struggled to stay on an upward trajectory and returned to flat levels after an earlier climb. UK Labor Data Disappoints, […]
Read moreMay 12, 2025 2:52 pm
Key Moments: Nvidia’s stock rose 3.53% after US markets opened, as chipmakers in America and China Nvidia is part of a broader rally as investors cheered today’s surprise tariff rollback announcement. Dow soared by 100 points, while the Nasdaq Composite rose by 3.14%. The tariff on Chinese goods was reduced from 125% to 10% for […]
Read moreMay 12, 2025 2:10 pm
Key Moments: Nokia Corporation delivered Banshee tactical private wireless units to the US Marine Corps Tactical Systems Support Activity (MCTSSA). In early 2025, MCTSSA acquired multiple Banshee units and received hands-on deployment training. The tech giant’s stock rose by 3.8% to 4.647 on Monday. Banshee Enhances Tactical Connectivity for the US Marine Corps Nokia’s stock […]
Read moreMay 12, 2025 10:43 am
Key Moments: Brent crude spot prices rose 2.65% to $66.34 per barrel, while WTI gained 2.92% to $63.065 per barrel on Monday. China and the US have agreed to lower reciprocal tariffs by 115% for a 90-day period. OPEC’s plans to increase output in May and June limited the extent of oil price gains. Tariff […]
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