May 8, 2025 8:51 am
Key Moments: The US Dollar Index managed to reach the 100 mark. The yen extended its Wednesday decline into Thursday, depreciating 0.62% against the greenback. Market expectations regarding a potential BoJ rate increase could aid the yen. The USD/JPY advanced on Thursday, climbing by 0.62% to 144.70 amid renewed optimism around US trade negotiations. US […]
Read moreMay 8, 2025 7:49 am
Key Moments: President Trump has scheduled a press conference to announce a major trade deal, widely expected to be with the UK. The UK and US have been engaged in intense negotiations since February, with potential tariff cuts on autos and steel reportedly on the horizon. The FTSE 100 rose on early Thursday, gaining 0.2%. […]
Read moreMay 7, 2025 12:44 pm
Key Moments: Novo Nordisk’s total revenue for Q1 2025 rose 18% year-over-year to 78.1 billion Danish crowns. The company lowered its full-year guidance for both sales and operating profit due to US market challenges. Shares on the NYSE climbed over 5% during pre-market hours despite guidance revisions. Q1 Growth Defies Weaker US Demand Novo Nordisk […]
Read moreMay 7, 2025 10:00 am
Key Moments: WTI crude futures rose to $59.68 on Wednesday, an increase of 1%. Brent futures also edged higher, reaching $62.66. The American Petroleum Institute reported that last week saw a sharper-than-expected 4.49 million-barrel drop in US crude inventories. Oil Futures Rise as Trade Outlook Shifts Crude oil futures advanced on Wednesday following news that […]
Read moreMay 7, 2025 8:47 am
Key Moments: UK equities slipped by 0.4% on Wednesday. AstraZeneca and GSK shares dropped sharply after US and UK markets alike turned bearish because Vinay Prasad was announced director of the FDA’s CBER. Vodafone’s stock also fell, dropping by 1.67%. FTSE 100 Pulls Back After Historic Run Wednesday saw London’s FTSE 100 open lower, losing […]
Read moreMay 5, 2025 1:22 pm
Key Moments: The DAX rose 0.87% to 23,287.37 points on Monday, nearing its March record of 23,476.01. The Sentix Eurozone Sentiment Index climbed to -8.1 in May. Rheinmetall led the DAX with a 3.05% gain amid fresh momentum for defense stocks. Stocks Rise on Trade Optimism and Improving Sentiment German stocks continued their rally at […]
Read moreMay 5, 2025 9:22 am
Key Moments: USD/CAD dropped below the 1.3800 threshold on Monday before edging higher. The greenback is facing pressure amid mounting trade concerns. Trump is enforcing a 100% duty on movies made abroad. USD/CAD Struggles for Traction The USD/CAD currency pair saw little movement on Monday, hovering around 1.3810 after an earlier tumble saw the pair […]
Read moreMay 5, 2025 7:36 am
Key Moments: The ASX 200 fell 0.97% to 8,157.8 points on Monday. Financial stocks contributed to the losses, with Westpac sinking 2.9%. Woodside and Santos dropped 3.8%, tracking weaker crude prices. De Grey Mining Limited suffered the steepest decline, plummeting by nearly 10%. Australian Shares Retreat The Australian equities market suffered a decline on Monday […]
Read moreMay 2, 2025 11:29 am
Key Moments: Weak oil prices and lower spending tanked Chevron’s net income to the $3.5 billion mark. Adjusted earnings per share came in at $2.18, slightly below analyst estimates, while capital expenditures fell by approximately 5% year-over-year Market sentiment was dampened by the figures, with Chevron’s stock falling 2.44% in the pre-market trading session. Low […]
Read moreMay 2, 2025 9:35 am
Key Moments: The Eurozone’s manufacturing output sub-index climbed to 51.5 in April, a figure unseen since March 2022. The HCOB Eurozone manufacturing PMI surpassed March’s 48.6 by hitting 49. New orders showed the smallest decline in three years, with the sub-index reaching 49.5. The news aided the euro, allowing it to appreciate 0.4% against the […]
Read more
