March 7, 2025 7:10 am
Key moments Gold prices, though slightly down on Friday, were set for a weekly increase due to trade policy uncertainties. President Trump’s tariff announcements and subsequent suspensions impacted gold’s price, reflecting market volatility. Investors awaited the U.S. non-farm payrolls report for further market direction, with expectations of 160,000 jobs gained. Despite Minor Pullback, Gold Holds […]
Read moreMarch 6, 2025 2:57 pm
Key moments Marvell Technology’s stock fell 16% due to concerns about AI infrastructure spending. Marvell’s revenue forecast failed to reassure investors, despite a slight beat, raising worries about AI investment. Marvell’s decline affected other chipmakers, with Broadcom and Nvidia also experiencing stock drops. Disappointing Revenue Forecast Sent Marvell Technology Shares Tumbling 16% Marvell Technology’s shares […]
Read moreMarch 6, 2025 2:26 pm
Key moments Over $5.37 billion in XRP moved within 24 hours, coinciding with reports of its inclusion in the U.S. crypto reserve. Whale addresses added 1.34 billion XRP, worth approximately $3.26 billion. XRP active addresses skyrocketed by 620%, and speculation of an XRP ETF approval in 2025 is growing. XRP Trading Volume Has Exploded, With […]
Read moreMarch 6, 2025 2:19 pm
Key moments The European Central Bank (ECB) reduces its Deposit Facility rate by 25 basis points (bps) to 2.5%. Japanese Yen (JPY) strengthens as 10-year Japan Government bond (JGB) yields reach a 15-year high. EUR/JPY pair finds temporary support near 159.20 after intraday decline. Currency Pair Reacts to Diverging Monetary Policies and Bond Yield Movements […]
Read moreMarch 6, 2025 1:09 pm
Key moments Evercore ISI’s Mark Mahaney named Amazon his top large-cap pick. Amazon Web Services’ AI business is experiencing rapid growth, with a multi-billion dollar revenue run rate. AI-driven automation is improving cost efficiencies in Amazon’s distribution sector. Evercore ISI Analyst believes Amazon’s Stock is Undervalued, Citing Company’s Strong Position in AI Investors are potentially […]
Read moreMarch 6, 2025 12:38 pm
Key moments A significant upward movement characterized the EUR/GBP pair’s trading on Thursday, with a decisive breach of the 0.8380 level and a brief approach to 0.8390. The announcement of a 500 billion euro infrastructure fund, combined with the relaxation of fiscal constraints, effectively ignited widespread optimism about the Eurozone’s growth potential and helped strengthen […]
Read moreMarch 6, 2025 11:05 am
Key moments Microsoft stock demonstrated strength, recovering from intraday losses with a notable rally on Wednesday. Microsoft announced a partnership with the Kuwaiti government to establish an AI-powered Azure Region. The partnership aims to provide advanced cloud services, attract global businesses, and launch a skilling initiative to equip Kuwait’s workforce with AI and cybersecurity skills. […]
Read moreMarch 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 […]
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