June 6, 2025 2:38 pm
Key Moments: Today’s trading saw Brent crude futures advance 1.35% to $66.22 per barrel, while WTI jumped 1.6% to $64.38. Oil benchmarks were poised for weekly gains of nearly 6% amid optimism over US-China trade prospects. Wildfires in Canada added to the momentum of crude prices. Oil Markets Rebound on Trade Negotiation Optimism Crude oil […]
Read moreJune 6, 2025 12:04 pm
Key Moments: PVH’s stock dropped more than 18% to close at $66.30 on Thursday. Q1 EPS reached $2.30, up from the anticipated $2.23, while revenue increased 2% to $1.98 billion. The updated fiscal 2026 EPS forecast of $10.75 to $11 failed to meet expectations and stands well below prior guidance. Market Reaction to Forecast Overhaul […]
Read moreJune 6, 2025 9:20 am
Key Moments: The Reserve Bank of India reduced its key policy repo rate by 50 basis points to 5.5%. The central bank also announced a 100-basis-point cut to the cash reserve ratio, to be implemented in stages until December. The USD/INR dropped below the 85.800 mark. Monetary Policy Shift Comes Amid Uncertain Global Backdrop The […]
Read moreJune 5, 2025 1:52 pm
Key Moments: The European Central Bank slashed interest rates to 2% as Eurozone inflation eased to 1.9%. EUR/USD advanced by 0.64% to 1.1490 shortly after the rate cut was announced. The US Dollar Index plummeted 0.45% to levels unseen in weeks following a brief recovery on reports of a phone call between Donald Trump and […]
Read moreJune 5, 2025 10:36 am
Key Moments: AUD/USD climbed to a weekly high of 0.6513 during Thursday’s trading session. The US Dollar Index remained stuck below 99.00. Weak economic data and renewed tariff tensions weighed on the USD. Greenback Slips Amid Weak Data and Trade Tensions A climb of 0.33% saw the AUD/USD breach the 0.6500 level on June 5th, […]
Read moreJune 5, 2025 8:39 am
Key Moments: The Shanghai Composite Index advanced 0.23% to close at 3,384.10 on Thursday. The Caixin Services PMI climbed to 51.1 in May, up from April’s 50.7. Shenzhen UUGreenPower enjoyed a successful debut, with its shares surging 68.64% to 151.10 yuan. Domestic Markets Extend Gains Chinese stock markets posted further gains on Thursday, buoyed by […]
Read moreJune 4, 2025 1:58 pm
Key Moments: A 0.3% climb pushed the EUR/USD pair to 1.1403 on June 4th. May’s Eurozone Composite PMI has been revised and now stands at 50.2. The latest US ADP report showed that 37,000 private-sector jobs were added in May, far below expectations. Euro Strengthens on Positive PMI Data EUR/USD ticked higher today as updated […]
Read moreJune 4, 2025 1:13 pm
Key Moments: Spot gold edged 0.2% higher to around $3,360 during Wednesday’s trading session. US job openings increased in April while layoffs reached a nine-month high. This week’s US non-farm payrolls report is poised to shed more light on the Federal Reserve’s potential direction for interest rate adjustments. Markets Balanced Between Economic Indicators and Geopolitical […]
Read moreJune 4, 2025 8:51 am
Key Moments: China may finalize an Airbus aircraft order as soon as next month. Discussions have involved potential purchases of up to 500 aircraft units. Airbus’ share price advanced by 4% to €173.04 on Wednesday. Potential Mega Deal Lifts Airbus Stock China is reportedly in talks to make a significant purchase of Airbus SE aircraft, […]
Read moreJune 3, 2025 1:15 pm
Key Moments: Constellation Energy’s stock climbed 11.67% and hit $350 during pre-market trading on June 3rd. Shares surged following the announcement of a partnership with Meta that is set to last 20 years. A Calpine acquisition is expected to enhance operational scale and align with clean energy and AI infrastructure priorities. Meta Deal Powers Stock […]
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