June 9, 2025 1:11 pm
Key Moments: Warner Bros Discovery announced the division of its streaming operations from its cable TV networks. The breakup is scheduled as a tax-free transaction. Inventors welcomed the separation, which resulted in the company’s shares advancing by over 7% during pre-market trading on Monday. Strategic Restructuring Aims to Sharpen Business Focus Warner Bros Discovery (WBD) […]
Read moreJune 9, 2025 10:35 am
Key Moments: Futures tied to WTI prices rose 0.42% on Monday and hit $64.85. Brent contracts advanced even further by climbing 0.45% to $66.77. OPEC and allied nations agreed to a July production increase of 411,000 barrels per day Commerzbank recently warned that gains may be limited due to a potential for further hikes in […]
Read moreJune 9, 2025 9:08 am
Key Moments: The Japanese yen rallied on Monday, climbing 0.48% against the US dollar. Japan’s economy contracted 0.2% from last year, improving from a 0.7% decline. Market expectations of a potential rate hike in 2025 have grown. Economic Revision Lifts Sentiment Japan’s economic outlook brightened slightly after new figures revealed a year-over-year GDP drop of […]
Read moreJune 6, 2025 2:12 pm
Key Moments: The Canadian dollar hovered close to 1.3700 per USD on Friday. Canada added only 8,800 jobs in May, pushing unemployment up to 7%. US tariffs and economic uncertainty have slowed hiring and investment, according to the Bank of Canada. USD/CAD Climbs to 1.3687 The Canadian dollar depreciated by 0.1% against the greenback on […]
Read moreJune 6, 2025 1:05 pm
Key Moments: The US Transportation Department has determined that electric vehicles were incorrectly factored into the previous fuel economy rule’s target setting. EVs will be excluded from credit calculations. Telsa’s shares rose over 4% during pre-market hours after yesterday’s 14.26% slump. Regulatory Reversal on EV Standards, Tesla Stock Soars According to a US Transportation Department […]
Read moreJune 6, 2025 10:27 am
Key Moments: During Friday’s trading session, Dutch TTF gas futures rose 0.84% while UK NBP Natural Gas contracts advanced by 1%. However, both benchmarks eventually retreated. Norwegian exports increased by 16 mcm/d as operations commenced at two fields following maintenance. European gas storage was recorded at 49.9% full, far below last year’s level. Futures Suffer […]
Read moreJune 6, 2025 7:10 am
Key Moments: A heated exchange between President Trump and Elon Musk fueled investor uncertainty. Futures on the Dow Jones, S&P 500, and Nasdaq 100 rose 0.4% after earlier declines. Market participants are awaiting the May jobs report, which may indicate slower hiring and stable unemployment according to analyst forecasts. Market Futures Recover After Political Tensions […]
Read moreJune 5, 2025 3:06 pm
Key Moments: GBP/USD soared above 1.3600 on Thursday amid a climb of over 0.35%. The US dollar Index remains under pressure below $99.00. US jobless claims unexpectedly rose to 247,000, surpassing forecasts and weakening the US dollar. Softening Greenback Fuels Sterling’s Climb The British pound continued its upward trajectory on Thursday, supported by broad-based pressure […]
Read moreJune 5, 2025 2:37 pm
Key Moments: The Dow Jones slipped 0.25% after markets opened on June 5th, with other major US indices also suffering declines. Thursday witnessed a phone call between US President Trump and Chinese President Xi, as reported by the state-run news agency Xinhua. In the US, Initial jobless claims rose to 247,000 last week, beating expectations […]
Read moreJune 5, 2025 11:33 am
Key Moments: Bitcoin edged around 0.1% lower on Thursday, surrendering earlier gains that saw the token climb above $105,000. Total crypto market capitalization fell 3.25% to $3.41 trillion. Circle priced its IPO above expectations. Bitcoin Slides as Crypto Sphere Retreats Bitcoin failed to sustain its upward momentum on Thursday as it fell from earlier gains […]
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