March 11, 2025 9:22 am
Key moments WTI crude oil price experiences a modest increase, reaching approximately $65.90 per barrel, following previous session losses. Concerns regarding potential economic slowdown due to US tariffs and retaliatory measures from trading partners create market uncertainty. Economic indicators from China, a major oil importer, signal deflationary pressures, impacting global oil demand forecasts. Global Trade […]
Read moreMarch 11, 2025 8:17 am
Key moments Tesla stock experiences a 15% drop, the most significant single-day decline since September 2020. The market capitalization of Tesla decreases by approximately $130 billion, with Elon Musk’s personal wealth diminishing by $29 billion. Seven-week consecutive decline for Tesla stock, marking the longest losing streak since its 2010 Nasdaq debut. Market Reacts to Tesla’s […]
Read moreMarch 11, 2025 8:05 am
Key moments Tuesday saw Asian markets gripped by apprehension, resulting in a widespread index decline. Japan’s Nikkei 225 suffered a notable drop, plunging below 37,000 and briefly breaching 36,000. Other regional indices also declined: South Korea’s Kospi fell 1.19%, Hong Kong’s Hang Seng dropped by 0.75%, Mainland China’s CSI 300 experienced a 0.66% drop, and […]
Read moreMarch 10, 2025 2:32 pm
Key moments Drone Technology Company Opens New US Location in Tampa, Florida. Strategic Positioning Near Military and Government Clients with Testing Facility. Expansion Aligns with Growth Strategy in Government and Industrial Sectors. Draganfly stock saw a 2% pre-market rise, fueled by the opening of its new Tampa facility, strategically positioned for key U.S. client access […]
Read moreMarch 10, 2025 1:52 pm
Key moments Futures Prices Rise on Monday, Following Strong Gains at Week’s End Record Net Short Positions Held by Speculators Despite Price Increases Export Data Shows Slight Decline Year-Over-Year, While Stocks Remain Stable Cotton Futures See Gains Amid Fluctuating Market Dynamics Cotton futures experienced gains on Monday morning, continuing the upward trend observed at the […]
Read moreMarch 10, 2025 12:48 pm
Key moments Currency Pair Climbs to Near 0.84 on Euro Strength Driven by German Fiscal Outlook. UK Economic Uncertainty and Global Volatility Weigh on GBP. Danske Bank Forecasts EUR/GBP to Recede to 0.81 in 12 Months. Euro Gains Against Pound Amid Fiscal Spending Uncertainty The EUR/GBP currency pair experienced a notable surge last week, propelled […]
Read moreMarch 10, 2025 10:49 am
Key moments Coinbase stock fell 5% premarket, driven by a drop in Bitcoin’s value after Trump’s executive order and the company’s failure to be included in the latest S&P 500 rebalancing. Despite the stock decline, Coinbase plans to hire 1,000 new US employees in 2025, fueled by increased regulatory clarity in the cryptocurrency sector. Coinbase […]
Read moreMarch 10, 2025 10:15 am
Key moments NZD/USD pair gains ground, reaching approximately $0.5740, driven by a weakening US dollar. Escalating trade tensions between the US and China, with retaliatory tariffs taking effect, impact market sentiment. US economic uncertainty, highlighted by Federal Reserve concerns and weaker than expected job data, puts pressure on the US dollar. NZD/USD Climbs 0.63% within […]
Read moreMarch 10, 2025 10:05 am
Key moments The 10-year Japanese Government Bond (JGB) yield reached 1.575%, a level unseen since October 2008. The 5-year JGB yield increased by 4 basis points, settling at 1.16%. JPMorgan Chase & Co. has adjusted its year-end forecast for the 10-year JGB yield from 1.55% to 1.70%. JGB Yields React Positively to Wage Data and […]
Read moreMarch 10, 2025 9:36 am
Key moments Global oil prices took a significant hit on Monday, with Brent crude falling to around $70 per barrel and WTI dropping to approximately $67. The developments surrounding tariffs initiated by the Trump administration sparked widespread anxiety in the oil market. Increased oil production by the Organization of the Petroleum Exporting Countries and its […]
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