May 13, 2025 1:59 pm
Key Moments: US egg prices declined 12.7% in April, dropping for the first time in months. Prices in April were still 79% higher year-over-year. April’s decline followed two consecutive record-breaking months, with prices peaking at $6.23 per dozen in March. Prices Ease but Remain Elevated Retail egg prices in the United States dropped in April […]
Read moreMay 13, 2025 11:52 am
Key Moments: Bitcoin dropped to $100,502 before rebounding past the $103,800 mark. Arizona Governor vetoed key crypto legislation while enacting tighter restrictions on Bitcoin ATMs. Liquidations involving over $200 million in Bitcoin futures have been observed. Bitcoin Gains Ground Bitcoin started out Tuesday with a retreat, falling to $100,502 as investors trimmed positions in anticipation […]
Read moreMay 13, 2025 8:59 am
Key Moments: The UK’s jobless rate climbed to 4.5% in 2025’s first three months to March. Annual pay growth (excluding bonuses) slowed to 5.6%. UK equities rose on Tuesday, although the FTSE 100 in particular struggled to stay on an upward trajectory and returned to flat levels after an earlier climb. UK Labor Data Disappoints, […]
Read moreMay 12, 2025 2:52 pm
Key Moments: Nvidia’s stock rose 3.53% after US markets opened, as chipmakers in America and China Nvidia is part of a broader rally as investors cheered today’s surprise tariff rollback announcement. Dow soared by 100 points, while the Nasdaq Composite rose by 3.14%. The tariff on Chinese goods was reduced from 125% to 10% for […]
Read moreMay 12, 2025 2:10 pm
Key Moments: Nokia Corporation delivered Banshee tactical private wireless units to the US Marine Corps Tactical Systems Support Activity (MCTSSA). In early 2025, MCTSSA acquired multiple Banshee units and received hands-on deployment training. The tech giant’s stock rose by 3.8% to 4.647 on Monday. Banshee Enhances Tactical Connectivity for the US Marine Corps Nokia’s stock […]
Read moreMay 12, 2025 10:43 am
Key Moments: Brent crude spot prices rose 2.65% to $66.34 per barrel, while WTI gained 2.92% to $63.065 per barrel on Monday. China and the US have agreed to lower reciprocal tariffs by 115% for a 90-day period. OPEC’s plans to increase output in May and June limited the extent of oil price gains. Tariff […]
Read moreMay 12, 2025 8:01 am
Key Moments: The S&P/ASX 200 closed practically flat on Monday, inching up 0.03% to finish at 8,233.5. Healthcare stocks dropped to a level not seen since April. Mining equities advanced 0.9%, supported by stronger iron ore prices. Optimism over trade discussions between the US and China further bolstered market confidence. Uneven Sector Performance Keeps Index […]
Read moreMay 9, 2025 2:09 pm
Key Moments: Canada’s unemployment rate increased to 6.9% in April, exceeding expectations of 6.8%. Net job creation totaled 7.4K in April, rebounding from a 32.6K decline in March. The USD/CAD pair is trading around the 1.3920 mark on Friday, while the US Dollar Index remains above 100. Labor Market Overview According to data published by […]
Read moreMay 9, 2025 12:31 pm
Key Moments: The FTSE 100 rose 0.46% on Friday, building on recent momentum. BP PLC surged over 4% following reports of takeover interest from major energy competitors. International Consolidated Airlines gained around 2% after announcing better-than-expected Q1 results and reaffirming its 2025 outlook. Trade Talk Optimism Boosts Markets UK equity markets saw gains on Friday […]
Read moreMay 9, 2025 8:35 am
Key Moments: AUD/JPY pulled back below 93.00 on Friday. March saw household spending climb 2.1% year-over-year, aiding the yen. The pair’s downward momentum was mitigated by robust Chinese trade data. Yen Strengthens as Household Spending Jumps The Japanese yen appreciated against the Australian dollar on Friday, pushing the AUD/JPY pair down to 92.96. The move […]
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