March 12, 2025 11:38 am
Key moments The New Zealand Dollar fell to around $0.57 on Wednesday, briefly dipping below that level. Trump’s unpredictable tariffs have increased risk aversion and negatively impacted the NZD. New Zealand’s electronic card transactions rose 0.3% to NZD 6,528 million in February. New Zealand Dollar Struggles as Market Sentiment Turns Sour The New Zealand Dollar […]
Read moreMarch 12, 2025 11:16 am
Key moments Inditex reports fourth-quarter sales and net income in line with analyst expectations. The company announces a 4% growth in first-quarter sales, a notable drop from the previous year’s 11%. Inditex shares experience a 7% decline following the announcement of the first-quarter slowdown. Financial Performance: 10.5% Annual Sales Growth, 7% Share Price Decline on […]
Read moreMarch 12, 2025 9:54 am
Key moments Silver price (XAG/USD) trades near $33.00, fluctuating after recent gains. Technical indicators suggest a weakening bullish bias, yet short-term momentum remains positive. Key resistance identified at the four-month high of $33.40, with support at $32.41. Key Levels: $33.40 Resistance, $32.41 Support, Bullish RSI Above 50 The silver price (XAG/USD) is experiencing a period […]
Read moreMarch 12, 2025 7:32 am
Key moments Ongoing technical difficulties impede KYC verification and mainnet migration for Pi Network users. Pi Coin experiences a 12% decrease in value within a week, trading at approximately $1.55. Community anticipation for a Binance listing remains high, despite no official announcement from the exchange. Pi Network Faces Migration Hurdles and Listing Uncertainty The Pi […]
Read moreMarch 11, 2025 3:36 pm
Key moments The Nasdaq Composite (IXIC) index dropped roughly 0.5% on Tuesday. Tuesday’s decline occurred after a major 4% crash that occurred on the day prior. The broader market saw losses, with the S&P 500 and Dow Jones Industrial Average declining by approximately 0.8% and 1.1%, respectively. Wall Street’s tech-centric index, the Nasdaq Composite (IXIC), […]
Read moreMarch 11, 2025 12:53 pm
Key moments Cardano’s ADA price rebounds slightly after a significant drop, retesting a critical support level around $0.64. On-chain data indicates growing bullish sentiment, with the funding rate turning positive and bullish bets reaching a monthly high. Despite positive indicators, a daily close below $0.57 would invalidate the bullish outlook, potentially leading to further declines. […]
Read moreMarch 11, 2025 11:18 am
Key moments Unilever CEO announces plans to accelerate the disposal of underperforming food brands within the European and smaller market divisions. The company aims to streamline its portfolio, focusing on high-profit brands like Knorr and Hellmann’s. Unilever outlines cost-cutting measures, including job reductions and the spin-off of its ice cream business, to enhance overall efficiency. […]
Read moreMarch 11, 2025 11:17 am
Key moments Robinhood’s stock experienced a significant decline, reaching a multi-month low of $35.63 after a 20% drop. Tuesday saw the share price briefly fall to $33.46, reflecting heightened volatility and investor concern. Demonstrating confidence in Robinhood’s future, SPX Gestao de Recursos Ltda. acquired 64,500 shares. A Sharp 20% Decline Sent Robinhood’s Stock Reeling Robinhood’s […]
Read moreMarch 11, 2025 9:17 am
Key moments On Tuesday, Brent crude oil surpassed $69 per barrel. Brent crude oil futures recovered after an initial dip to $68.60. Broad market fluctuations stemmed from intricate influences, primarily U.S. recession concerns and fluctuating tariffs impacting major oil producers and consumers. Tuesday’s Trading Session Saw Brent Crude Oil Rally Past $69 Despite a confluence […]
Read moreMarch 11, 2025 6:47 am
Key moments Revised GENIUS Act, addressing consumer protections and issuer regulations, scheduled for vote. Bipartisan consultations lead to significant updates, impacting foreign stablecoin standards. Potential competitive advantage for US-issued stablecoins through new regulatory clarity. Updated GENIUS Act Focuses on Consumer Protection and Regulatory Clarity The United States Senate Banking Committee has announced a vote scheduled […]
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