May 19, 2025 7:46 am
Key Moments: Brent crude futures fell 56 cents to $64.85 on Monday. WTI oil also dropped, falling 0.89% to $61.42. Moody’s downgraded the United States’ creditworthiness due to rising national debt China’s factory output growth fell last month, as did the climb in retail sales. The former stood at 6.1%, while the latter dropped to […]
Read moreMay 16, 2025 2:46 pm
Key Moments: Benchmark 10-year Treasury yield declined to 4.394%. April witnessed US single-family housing starts slip 2.1% due to tariffs and elevated mortgage rates. Multi-family construction picked up, however, climbing by 10.7%. The US Dollar Index recovered to 101.014, poised for a weekly gain. Bond Market Reacts to Housing Weakness US Treasury yields dropped on […]
Read moreMay 16, 2025 12:37 pm
Key Moments: Lars Fruergaard Jørgensen has announced plans to step down from his position as Novo Nordisk CEO. “Market challenges” were cited as the main reason behind his departure. The company’s US-listed stock dropped 5% during pre-market trading, while the shares on Nasdaq Copenhagen declined by 3.8%. CEO Departure Novo Nordisk (NOVC-FF) revealed on Friday […]
Read moreMay 16, 2025 6:55 am
Key Moments: USD/CAD extends decline, dipping over 0.10%. Stronger oil prices have pressured the pair The chances of a Fed rate cut went up following the disclosure of US economic data on Thursday. Price Action Faces Resistance Below 1.4000 The USD/CAD resumed its downturn for a second straight session on Friday, slipping to 1.3938 and […]
Read moreMay 15, 2025 2:29 pm
Key Moments: UnitedHealth Group’s stock dropped 15.46% on news of an alleged DOJ investigation. The Department of Justice’s criminal healthcare-fraud unit is reportedly probing the company’s Medicare Advantage operations. UnitedHealth denied the legitimacy of the report. Federal Probe Drives Shares Lower Thursday saw UnitedHealth Group’s stock price plunge over 15% after a report revealed that […]
Read moreMay 15, 2025 11:36 am
Key Moments: Deere posted second-quarter net income of $1.804 billion, down from $2.370 billion a year earlier. Worldwide net sales and revenues dropped $12.763 billion in Q2 2025, a 16% decline. The company’s shares rose 2.71% to $511 during Thursday’s pre-market trading session, before tumbling to $504.88, still 1.48% up from yesterday’s close. Muted Demand […]
Read moreMay 15, 2025 9:45 am
Key Moments: The Eurozone’s annual GDP jumped 1.2%. Growth was also recorded in Q1 2025, but the 0.3% figure fell below the initial 0.4% estimate. The EUR/USD pair rose to 1.1210. Traders remained cautious ahead of key US data reports. Eurozone Economic Updates Emerge Europe’s economy registered a 0.3% quarterly expansion in the first quarter […]
Read moreMay 14, 2025 2:15 pm
Key Moments: American Eagle’s stock price declined to $11.93 on Wednesday following the company’s decision to retract its full-year guidance. Weak sales of fleece items in the Aerie brand raised concerns as consumers resisted price increases. JPMorgan maintained a “neutral” rating on the stock but opted to downgrade its price target by $1. Stock Dips […]
Read moreMay 14, 2025 1:45 pm
Key Moments: Eurozone bond yields experienced a pullback from recent multi-week peaks. The DAX dropped by 68.45 basis points following earlier lows under 23.450. Germany’s consumer price inflation eased to 2.1% year-over-year in April, the lowest in six months. Yields Pull Back Across the Eurozone Euro area bond yields retreated from multi-week highs, driven by […]
Read moreMay 14, 2025 12:00 pm
Key Moments: The pound lost ground to the euro, with the EUR/GBP rate reaching 0.8416. Investors await upcoming UK GDP data amid uncertain growth outlook. Recent labor market data indicated a decrease in employment. Pound Falls Back Amid Growth Concerns On Wednesday, the British pound declined versus the euro, interrupting a seven-day stretch of appreciation. […]
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