Market Overview Archive - Page 4 of 216

The Eurozone has seen a sharp contraction in the service sector. Bitcoin has surpassed the $110,800 mark

2025.05.23

PMI data pointed to a renewed and sharper-than-expected contraction in the Eurozone's private sector — the strongest in six months — driven by a moderate decline in service sector activity. Output dec...

Singapore could slip into a technical recession. Bitcoin has reached an all-time high

2025.05.22

Singapore could slip into a technical recession this year, a government official warned after final GDP data confirmed the economy shrank in the first quarter of 2025, even before US tariffs take effe...

The German DAX hit an all-time high. Oil prices jumped above $63 per barrel

2025.05.21

Frankfurt's DAX Index rose for the first time to surpass the 24,000 mark and set a new record high. The rally was fueled by strong performances from BMW, Infineon and Merck, which rose over 1.5%, whil...

The PBoC cut the prime rates for the first time in a long time. The RBA expectedly cut the rate by 0.25%

2025.05.20

The People's Bank of China (PBOC) cut key lending rates to a record low during its May meeting, matching market expectations and marking the first cut since October. The move followed wide-ranging mon...

Moody's has downgraded the credit rating of the United States. PBoC intends to cut interest rates

2025.05.19

Moody's Credit Ratings downgraded the US credit rating by one notch to Aa1 from Aaa amid concerns about rising debt and interest payments. The agency said it expects federal debt to increase to about...

Week's main events (May 19 - May 23)

2025.05.19

This week's focus is on the PMI reports, inflation data, and the RBA interest rate decision

Banxico cut the rate by 0.50%. Natural gas prices fell to a 2-week low

2025.05.16

The Mexican peso slipped to 19.50 per US dollar from a seven-month peak of 19.38 as markets perceived a 50 bps cut in Banxico's interest rate to 8.50% on May 15. With core and core inflation still at...

Traders have lowered expectations of further easing from the RBA. Oversupply puts pressure on oil

2025.05.15

Although the Reserve Bank of Australia (RBA) is expected to cut the money rate by 25 basis points to 3.85% at next week's meeting, traders have lowered expectations of further easing.

The Trump administration has revised semiconductor export rules. German DAX breaks price records again

2025.05.14

Frankfurt's DAX Index closed at a new record high of 23,620 on Tuesday, marking its fourth session of gains, helped by upbeat German sentiment data and a cooler-than-expected US inflation report. The...

The US and China announced massive tariff cuts. Oil prices jumped to a 2-week high

2025.05.13

WTI crude oil prices rose to $63 per barrel on Monday, hitting a two-week high, after the US and China agreed to cut most tariffs on each other's goods. This major trade breakthrough signaled a reduct...