May 29, 2025 11:44 am
Key Moments: Bitcoin rose slightly above $108,870 on Thursday after a two-day pullback. Market sentiment rose following a court decision that struck down President Trump’s tariffs. Metaplanet raised $21 million to fund future Bitcoin purchases, and GameStop bought 4,710 BTC, signaling continued corporate enthusiasm surrounding Bitcoin. Easing Trade Concerns Aid BTC Bitcoin saw modest gains […]
Read moreMay 29, 2025 6:44 am
Key Moments: A federal judge nullified the Trump administration’s reciprocal tariffs. Nasdaq 100 e-minis jumped 2% and gained 400+ points. Dow contracts surged by 1.38%, while S&P 500 futures soared by 1.65%. The Nasdaq has rallied 9.5% month-to-date, driven by excitement around artificial intelligence. Futures Rally on Court Ruling US equity futures rose sharply on […]
Read moreMay 28, 2025 2:47 pm
Key Moments: US natural gas futures jumped over 8% on Wednesday, reaching levels unseen in weeks. Gas production across the Lower US states hit 105.0 billion cubic feet per day (bcfd), a decline from last month’s 105.8 bcfd. Natgas demand is expected to rise due to upcoming temperature spikes. Futures Climb on Bullish Forecasts US […]
Read moreMay 28, 2025 10:05 am
Key Moments: AUD/JPY fell below the 93.00 mark on Wednesday. The yen rebounded amid expectations that the BoJ could pursue further rate hikes. NAB expects the RBA’s terminal cash rate to fall to 3.1% in the upcoming months, up from an earlier forecast of 2.6%. Yen Strengthens on BoJ Expectations The AUD/JPY currency pair retreated […]
Read moreMay 28, 2025 8:27 am
Key Moments: France’s economy posted 0.1% growth in Q1. The CAC 40 index rose by 0.31% to 7,841.04 on Wednesday. The German DAX rose 0.35% after data revealed a surprise 0.4% annual drop in April’s import prices, while the STOXX 600 index hit 553.24. French Economy Edges 0.1% Higher France recorded a modest quarterly economic […]
Read moreMay 27, 2025 3:14 pm
Key Moments: The US Consumer Confidence Index rose sharply to 98.0 in May, up from the reading of 86.0 observed in April. The Expectations Index jumped 17.4 points to 72.8. The US Dollar Index rose to 99.505, while the EUR/USD extended earlier losses and fell to 1.1339. US Consumer Sentiment Rebounds in May, Dollar Climbs […]
Read moreMay 27, 2025 1:56 pm
Key Moments: Evercore ISI raised Vertiv’s price target to $150. Full-year organic sales growth guidance recently was raised to 18% following stronger-than-expected quarterly revenue. Vertiv’s shares opened with a 3% gain on Tuesday. Vertiv Sees Upgraded Outlook Amid AI-Driven Demand Evercore ISI has raised its price target on Vertiv Holdings, lifting the projection by $50 […]
Read moreMay 27, 2025 9:22 am
Key Moments: Tuesday witnessed the STOXX 600 advance 0.41% to 552.78 on optimism surrounding US-EU trade relations. German equities rose 0.47%, while French stocks edged 0.12% higher. German consumer sentiment is projected to climb again in June and reach -19.9 points. Optimism Over Trade Relations Lifts European Shares European equity markets ticked upward on Tuesday […]
Read moreMay 23, 2025 12:41 pm
Key Moments: Donald Trump announced a proposed 50% tariff on EU goods. If implemented, the duties will come into effect at the start of June. European markets reacted swiftly, with the STOXX 600 plunging 2.2% to 538.20. Germany’s DAX fell by around 2%, while French stocks plummeted by 3%. UK markets were also under pressure, […]
Read moreMay 23, 2025 10:28 am
Key Moments: Brent crude and WTI each dropped 0.1% on Friday, putting both on track for their first weekly loss this month. OPEC+ is weighing a July production hike of 411,000 barrels per day. US crude inventories increased and storage demand surged, pressuring oil prices Crude Steps Back as Supply Concerns Build Oil prices fell […]
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