April 4, 2025 1:00 pm
Key moments Chinese officials intend to introduce levies of 34% on US imports starting April 10th. The counter-tariffs hit numerous asset classes, with the AUD/USD falling 3.46%. Australia is a major trade partner of both the US and China, making the Aussie particularly vulnerable to the escalating tariff tensions. Trade War Fallout Rocks Australian Dollar […]
Read moreApril 4, 2025 9:43 am
Key moments The EUR/USD’s momentum slowed on Friday, with the pair falling 0.45% to 1.1001. The US Dollar Index, on the other hand, is now back to levels of over 102. According to recent data, the ISM Services PMI fell to 50.8 in March. EUR/USD Drops Amid Dollar Index Recovery Friday saw the EUR/USD pair […]
Read moreApril 3, 2025 10:48 am
Key moments Asian markets fell in the wake of President Donald Trump’s tariff announcements. The Shanghai Composite (SSE) experienced a drop of 0.25%. The Hang Seng index also slid by 1.52%. The Nikkei 225 Index dipped by 2.77%. South Korea’s KOSPI registered a 0.76% loss. Asian Markets Plunge Amid Tariff Tensions President Trump’s announcement of […]
Read moreApril 3, 2025 9:24 am
Key moments The EUR/USD exchange rate has hit its highest value in six months, reaching 1.1010 and climbing even higher. The US Dollar Index fell 1.46% to 102.182. These price movements were the result of President Trump’s tariffs, which turned out to be harsher than expected. The announcement of sweeping US tariffs, spearheaded by a […]
Read moreApril 2, 2025 2:53 pm
Key moments Tesla reported its lowest quarterly delivery total since the second quarter of 2022, with global deliveries sinking to 336,681 units in Q1 2025. The company’s share price sank 2.34%. The delivery figures have caused worry among investors about the company’s upcoming Q1 financial report. Tesla Stock Falls on Weak Delivery Report Tesla published […]
Read moreApril 2, 2025 8:39 am
Key moments The EUR/USD fell 0.10% on Wednesday, reaching 1.0781. The U.S. Dollar Index has been trading above 104.150. Market participants are wary of the direction of the U.S. dollar as the implementation of U.S. tariffs on imported goods approaches. EUR/USD Experiences Mild Fluctuations Ahead of US Tariff Announcement The euro experienced a decline against […]
Read moreApril 1, 2025 1:16 pm
Key moments PVH’s pre-market share price hit $75.70. The rally was triggered by a recent earnings report, according to which revenue reached $2.37 billion in 2024’s fourth quarter, higher than the projected $2.33 billion. The company also reported an EPS of $3.27. PVH Q4 Earnings Outperform, Results Trigger 17.11% Pre-Market Stock Surge Calvin Klein and […]
Read moreApril 1, 2025 9:59 am
Key moments Tesla shares experienced a notable 4% pre-market increase on Tuesday, with the stock price reaching $269.58. In Sweden, Tesla sold 911 cars in March, 63.9% less than last year. The company’s presence in France also suffered, as it reported a 36.83% decrease in purchases. Tesla Stock Rebounds Despite Record Low French, Swedish Sales […]
Read moreApril 1, 2025 8:32 am
Key moments Tuesday saw the EUR/USD experienced a minor decline of 0.10%, but the pair continues to trade around 1.0800 at press time. The U.S. Dollar Index breached 104.200. Investors have grown increasingly wary as the Trump Administration’s tariff policies are set to come into effect this Wednesday. Euro Holds Ground, Dollar Index Rises Before […]
Read moreMarch 31, 2025 2:08 pm
Key moments Germany’s annual consumer price growth slowed to 2.3% in March. European stocks tumbled, with the STOXX 600 index losing 1.77% and STOXX 50 falling 1.87%. The observed slowdown in Germany’s March inflation data may serve as a compelling justification for the European Central Bank to explore lowering interest rates. European Stocks Plummet Amid […]
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