March 6, 2025 10:47 am
Key moments KOMSCO halts gold bar sales for over three weeks due to supply issues, amidst strong market demand. South Korea’s bar and coin investment rose 29% in Q4, coinciding with an 11% won depreciation. Individual investors pull ₩224.88 billion from equities, while gold prices climb 10%, showing a shift to gold. Supply Constraints and […]
Read moreMarch 6, 2025 9:37 am
Key moments Germany’s proposed 500 billion euro infrastructure fund and the relaxation of borrowing limits triggered a significant rise in European bond yields, fueling a surge in the euro against the US dollar. The prospect of substantial fiscal stimulus has led analysts to abandon predictions of the euro falling to parity with the dollar. Some […]
Read moreMarch 6, 2025 8:46 am
Key moments Shares of Asian Paints climbed by 4.45%, reaching a value of 2,260.35, driven by the decline in crude oil prices. HPCL’s stock value also increased by 4.03%, settling at 339.30 as a result of reduced oil costs on downstream refiners. Brent crude oil prices descended below the $70 per barrel threshold, extending a […]
Read moreMarch 6, 2025 8:15 am
Key moments Bitcoin’s price now stands above $91,000, up from Wednesday’s $90,000+. House Bill 302 received overwhelming support from New Hampshire’s House Commerce and Consumer Affairs Committee. If House Bill 302 comes into effect, up to 5% of public funds will be invested in digital assets with a $500 billion average market cap. New Hampshire […]
Read moreMarch 6, 2025 7:51 am
Key moments Carnival (CCL) shares finished the latest trading session at $22.34, a 1.96% increase from the prior day’s close. Carnival’s upturn outperformed the gains of the S&P 500 (1.12%), Dow Jones (1.14%), and Nasdaq (1.46%). Analyst consensus estimates anticipate yearly earnings of $1.78 per share and total revenues of $26.01 billion for the cruise […]
Read moreMarch 5, 2025 3:24 pm
Key moments Foxconn reported a 56.43% YoY increase in February revenue, marking a historical high for the period. The Taiwanese company’s revenue for the first two months of 2025 showed a 24.63% spike compared to the same period a year earlier. Foxconn anticipates its Q1 2025 performance to align with market expectations and exceed the […]
Read moreMarch 5, 2025 2:44 pm
Key moments The yield on the 10-year Bund increased by 0.25 percentage points, reaching 2.73%, marking the largest single-day surge since 1997. A new agreement exempts defense spending over 1% of GDP and creates a €500 billion infrastructure fund. Germany’s DAX index rose by 3.3%, recovering from previous losses influenced by U.S. tariffs. 10-Year Bond […]
Read moreMarch 5, 2025 1:32 pm
Key moments A 3.54% decrease in the DAX occurred on March 4th, driven by US tariff announcements and a subsequent rush to safe-haven investments. To spur economic growth and enhance defense capabilities, Germany is adjusting its fiscal policy by introducing a €500 billion infrastructure fund. DAX futures surge by 465 points following the German fiscal […]
Read moreMarch 5, 2025 1:07 pm
Key moments President Trump’s consideration of a 25% tariff on copper imports is causing significant market volatility and driving price increases. The potential tariffs have created a substantial price gap between Comex copper futures in New York and LME futures in London, reflecting the market’s anticipation of U.S. import restrictions. The prospect of tariffs has […]
Read moreMarch 5, 2025 12:05 pm
Key moments USD/MXN exchange rate remains above the 20.5000 threshold. Marked by significant volatility, the USD/MXN pair reached a high exceeding 20.9600 on Tuesday, followed by a swift retreat. Despite Wednesday’s continued fluctuations, the pair settled above 20.5000. In response to U.S. tariffs, Mexico, under President Claudia Sheinbaum, has announced plans to implement its own […]
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