May 27, 2025 10:10 am
Key Moments: France’s harmonized inflation rate dropped to 0.6% year-over-year in May. Weaker French inflation figures intensified market expectations of further interest cuts being imposed by the ECB in 2025. The EUR/USD fell to 1.1349. French Inflation Falls Below Expectations Preliminary figures from France’s National Institute of Statistics and Economic Studies (INSEE) released Tuesday showed […]
Read moreMay 27, 2025 8:37 am
Key Moments: US stock futures jumped on Tuesday, with Dow Jones e-mini contracts rising by over 500 basis points. S&P 500 and Nasdaq 100 futures surged 1.48% and 1.68%, respectively. President Trump postponed his proposed 50% EU tariff to July 9th. Tariff Reprieve Boosts Market Sentiment US stock futures posted notable gains on Tuesday after […]
Read moreMay 27, 2025 6:45 am
Key Moments: The Aussie fell to 0.6481 on Tuesday after climbing to a six-month high yesterday. According to market expectations, the probability of another RBA cut in July stands at 65%. The USD rose following news of a temporary suspension of Trump’s 50% tariffs on the European Union. Australian Dollar Under Pressure Amid Rising USD […]
Read moreMay 23, 2025 2:53 pm
Key Moments: Bitcoin and Ethereum ETFs attracted a total of $1.05 billion in net inflows on Thursday. Ethereum ETFs saw $110.5 million in net inflows, their best since February 4 The figures failed to aid prices on Friday, as Bitcoin dropped 1.1% to 109,872, while Ethereum fell 3.19% to 2,579.37. Bitcoin ETFs Attract Highest Daily […]
Read moreMay 23, 2025 11:59 am
Key Moments: Nuclear-related stocks rose sharply following reports of imminent executive orders from President Trump targeting the industry. Proposals include streamlining new reactor approvals and usage of the Defense Production Act to address foreign uranium dependence. Centrus Energy’s shares skyrocketed by over 19% during Friday’s pre-market trading session. White House Moves to Jumpstart Nuclear Industry […]
Read moreMay 23, 2025 8:47 am
Key Moments: April retail sales in the UK rose by 1.2%, exceeding forecasts of 0.3%. Ofgem is reducing the UK’s energy price cap by 7%. The sterling experienced a notable climb of 0.53% to 1.3489 on Friday GBP/USD Breaches 1.3480 The sterling managed to reach its highest valuation in several years on Friday, with the […]
Read moreMay 22, 2025 1:48 pm
Key Moments: Sunrun’s stock sank by over 40% on Thursday following the US House’s vote in favor of Trump’s “One Big Beautiful Bill.” The company was one of many to witness their shares drop sharply, with firms like Enphase Energy and SolarEdge Technologies also being down double-digits. BMO Capital Markets downgraded Sunrun, more than halving […]
Read moreMay 22, 2025 9:40 am
Key Moments: Italy’s securities watchdog, CONSOB, imposed a 30-day suspension of UniCredit’s Banco BPM takeover bid. UniCredit has challenged government conditions surrounding the deal, calling them unfeasible. UniCredit’s shares tumbled 1% on Thursday, while Banco BPM’s stock declined by around 0.7%. Regulators Freeze UniCredit’s Acquisition Attempt Italy’s securities regulator has paused UniCredit’s over $10 billion […]
Read moreMay 22, 2025 6:49 am
Key Moments: Bitcoin rallied to record-high figures above $111,000 on Thursday. The surge followed progress on the stable coin-focused GENIUS Act bill’s backing by the Trump administration. Institutional appetite grew, with Strategy purchasing $765 million in Bitcoin this week. Bitcoin Jumps Past Previous Peak Amid Legislative Tailwinds Bitcoin climbed beyond the $111,000 mark on Thursday. […]
Read moreMay 21, 2025 11:58 am
Key Moments: On Tuesday, Target reported Q1 adjusted EPS of $1.30 and revenue of $23.85 billion, both missing analyst expectations. GAAP EPS, meanwhile, reached $2.27, surpassing the estimated $1.64. The company’s stock sank 4.1% in pre-market trading following the publication of the financial report. Target now anticipates that sales will decline in FY 2025. Quarterly […]
Read more
