May 19, 2025 6:52 am
Key Moments: Moody’s recently lowered the US credit rating to Aa1, citing rising deficits and refinancing risks. Futures for major indexes declined on Monday, with Nasdaq 100 futures down 1.20%. The decline in futures on Monday contrasts with the robust market performance of the preceding week. Credit Downgrade Sparks Broad Market Pullback Monday saw US […]
Read moreMay 16, 2025 1:30 pm
Key Moments: XRP fell to $2.4 after a proposed $50 million settlement in an ongoing SEC case was rejected by the court on procedural grounds. Judge Torres ruled Ripple and the SEC’s motion was invalid due to failure to invoke Federal Rule of Civil Procedure 60. Both parties plan to refile the motion properly in […]
Read moreMay 16, 2025 10:18 am
Key Moments: Dutch TTF rose 0,75% to €35.56 on Friday. Gas demand for power generation jumped 173 GWh/day on expectations of weaker wind output. Peace talks between Russia and Ukraine in Istanbul attracted market attention. Stability Defines Friday Gas Trade European wholesale gas prices remained in a tight trading band on Friday morning, supported by […]
Read moreMay 16, 2025 9:40 am
Key Moments: The KOSPI rose 0.21% on Friday and jumped by nearly 2% for the week. Within the chip sector, stock performance was not uniform. Samsung Electronics shed 500 basis points, while SK Hynix gained by 2%. Foreign investors purchased 169.4 billion won worth of South Korean shares. KOSPI Rises Further South Korean equities ended […]
Read moreMay 15, 2025 1:56 pm
Key Moments: Switzerland’s GDP rose by 0.7% in 2025’s first quarter. USD/CHF declined to 0.8362 on Thursday, reversing the previous day’s upward movement. US April PPI dropped more than expected, reinforcing pressure on the US Dollar despite an uptick in Retail Sales. Swiss Economy Records Faster Growth in Q1 Switzerland’s economy expanded by 0.7% in […]
Read moreMay 15, 2025 10:34 am
Key Moments: Alibaba reported fiscal Q4 revenue of 236.45 billion yuan, falling short of the 237.24 billion yuan expected by analysts. Shares listed in the US dropped more than 5% in pre-market trading, retreating to $126.94. Consumers in China have become increasingly frugal, triggering fierce pricing battles among major e-commerce competitors. Revenue Disappointment Hits Shares […]
Read moreMay 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 […]
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