May 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 […]
Read moreMay 28, 2025 9:19 am
Key Moments: The EUR/USD struggled to find its footing on Wednesday after sliding below 1.1300. Sentiment favored the US dollar after President Trump delayed tariffs on imports sourced from the EU. The euro was pressured by solid US data and weak Eurozone confidence figures. Euro Remains Under Pressure The EUR/USD pair declined for the second […]
Read moreMay 28, 2025 6:34 am
Key Moments: The S&P/NZX 50 Index declined 1.75%, closing at 12,362.26 on Wednesday. The Reserve Bank of New Zealand cut its official cash rate to 3.25%. Infratil Limited was at the bottom of the index as it dropped by 5.94%. Rate Cut Weighs on New Zealand Equities Equity markets in New Zealand finished lower on […]
Read moreMay 27, 2025 12:54 pm
Key Moments: Harmony Gold is planning to acquire MAC Copper for $12.25 per share. MAC Copper shares jumped 17.34% to $11.91 in pre-market trading. Harmony Gold’s stock cratered, falling 10.42% to $14.19. Harmony Gold Shares Slide After $1.03B MAC Copper Deal Announcement South Africa’s Harmony Gold Mining has moved forward with its plans to acquire […]
Read moreMay 27, 2025 7:34 am
Key Moments: The yen surrendered earlier gains against the dollar on Tuesday, with the USD/JPY jumping 0.6% to 143.66. The 30-year JGB yield dropped 12.5 basis points to 2.91%, hitting its lowest level since May 14th. Meanwhile, the 40-year yield fell to 3.435%. Japan’s Ministry of Finance is reportedly considering reducing the issuance of long […]
Read moreMay 23, 2025 2:11 pm
Key Moments: India’s foreign exchange reserves dropped by $4.9 billion to $685.73 billion last week. The Indian rupee advanced 0.87% against the greenback. India’s 10-year government bond saw its yield decrease by 2 basis points. FX Reserves Decline Sharply Figures published by the Reserve Bank of India on Friday showed that during the week ending […]
Read moreMay 23, 2025 1:28 pm
Key Moments: Apple shares fell 3.7% during pre-market trading following President Donald Trump’s latest tariff threats. The company could face a 25% tariff on iPhones not produced in the United States. Analyst Dan Ives referred to Trump’s plan as a “fairy tale” and expects a full transition to domestic manufacturing to take five to ten […]
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