May 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. […]
Read moreMay 14, 2025 9:24 am
Key Moments: MSCI Asia-Pacific index outside Japan gained more than 1%. Taiwan’s TWSE:TAIEX and Hong Kong’s Hang Heng indices surged over 2%, with the former hitting a four-month high. Markets expect the US Federal Reserve to cut interest rates twice by the end of 2025. Regional Markets Advance After Softer US Inflation Reading Asian equity […]
Read moreMay 13, 2025 2:19 pm
Key Moments: Natural gas futures moved above $3.67/MMBtu on Tuesday, approaching a one-month high of $3.8 reached on May 9th. Lower 48 natural gas production declined to 103.7 bcfd in May, down from April’s record 105.8 bcfd LNG feedgas demand dropped to 15.1 bcfd, attributed to maintenance at major US export terminals. Market Overview US […]
Read moreMay 13, 2025 1:19 pm
Key Moments: Annual US CPI fell to 2.3% in April, missing expectations of 2.4%. Core CPI held steady year-over-year at 2.8%, the lowest level in four years. The US dollar suffered further declines, with the USD/CHF pair’s rate dropping 0.44%. Soft Inflation Reading Undershoots Forecasts Consumer prices in the United States rose at a slower […]
Read more
