May 5, 2025 12:33 pm
Key Moments: In April, Tesla vehicle registrations in Spain declined 36% year-over-year. BYD’s Spanish sales skyrocketed by 644%. Other Chinese brands also gained popularity among Spanish EV enthusiasts: Omoda sales jumped 346%, while MG purchases climbed 80%. Tesla’s pre-market share price fell 0.91% on Monday. April Sales Slump for Tesla in Spain Tesla suffered a […]
Read moreMay 5, 2025 11:57 am
Key Moments: The USD/TWD pair plummeted 5.88% on Monday, extending the New Taiwan Dollar’s two-day rally. Taiwan’s central bank denied any US request for a stronger Taiwan dollar. Lai Ching-te urged an end to misinformation regarding foreign exchange discussions. Currency Spikes as Speculation Swirls Around Taiwan-US Trade Talks A dramatic rally saw the New Taiwan […]
Read moreMay 5, 2025 8:43 am
Key Moments: OPEC+ announced a surprise production increase, sending Brent crude prices toward April lows. Brent futures sank 2.28% to $59.89 on Monday. WTI futures followed suit, dropping 2.56% to $56.80. US natural gas futures climbed nearly 2% and hit $3.701. Oil Prices Fall on Rising Global Supply, US Natgas Gains Brent crude extended its […]
Read moreMay 2, 2025 2:27 pm
Key Moments: US nonfarm payrolls rose by 177,000 in April, following a revised 185,000 gain in March. The unemployment rate remained unchanged at 4.2%, with labor market momentum intact. US stocks started out Friday by rising around 1%, with the Dow Jones Industrial Average surging by more than 400 basis points. Investors Respond Positively to […]
Read moreMay 2, 2025 12:23 pm
Key Moments: The Pound Sterling rebounded 0.28% to 1.3305 against the US Dollar. The Federal Reserve is expected to hold interest rates steady, while a Bank of England rate cut is anticipated next week. On Friday, the US Dollar Index fell 0.5% after a brief rebound above the 100 threshold. GBP Rebounds Friday saw the […]
Read moreMay 2, 2025 10:12 am
Key Moments: Brent crude futures fell almost 0,8% on Friday, reaching $61.64 per barrel. WTI also slid downward, dropping 0.91% to $58.70. Markets responded cautiously to China’s reported consideration of US overtures on trade tariffs and Trump’s weighing of secondary sanctions targeting Iranian oil buyers. Energy Futures Fall Crude oil prices initially indicated stability on […]
Read moreMay 2, 2025 7:16 am
Key Moments: Shell reported $5.58 billion in Q1 adjusted earnings, exceeding the expected $4.96 billion. Refining margins fell to $6.2 per barrel from $12 a year earlier. The company announced a $3.5 billion share buyback over the next three months Shell’s stock price rose slightly to $64.96 on the NYSE during pre-market trading. Profit Surpasses […]
Read moreApril 30, 2025 12:04 pm
Key Moments: Eurozone GDP climbed 0.4% in Q1 2025, outperforming forecasts and doubling the previous quarter’s rate Ireland led quarterly growth with a 3.2% expansion. Germany exited recession with 0.2% growth The EUR/USD pair fell 0.17% on Wednesday. Economic Momentum Rebounds Across the Eurozone As revealed by the latest Eurostat data, the Eurozone’s economy expanded […]
Read moreApril 30, 2025 9:12 am
Key Moments: Smith & Nephew shares jumped 6.33% after reporting a 1.6% year-on-year rise in Q1 revenue. Genus surged 23% after the FDA approved its gene-edited, disease-resistant pig for the US food supply. Glencore fell 4.4% following a 30% drop in copper output for the first quarter of 2025 Markets Open Firm Ahead of GDP […]
Read moreApril 29, 2025 1:08 pm
Key Moments: Honeywell reported $2.51 in adjusted EPS for Q1, topping the $2.21 consensus estimate. The company raised the lower end of its full-year adjusted EPS guidance to $10.20. Revenue from the aerospace division surged 14% year-over-year, reaching $4.17 billion in the first quarter. Total revenue soared to $9.82 billion. On Tuesday, the company’s share […]
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