Daily Summary: Apple drives stock market gains; tariffs back in focus 🔎
The U.S. stock market continued its rebound today, supported by a significant increase in Apple’s market capitalization. At the time of writing,...
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Market news
The U.S. stock market continued its rebound today, supported by a significant increase in Apple’s market capitalization. At the time of writing,...
Oil began pulling back from its daily highs around 4:00 PM after President Trump announced an additional 25% tariff on Indian goods. This brings the total...
President Donald Trump escalated trade tensions by raising tariffs on Indian goods to 50%, citing the country’s continued imports of Russian oil...
Apple (AAPL) rose 5.90% on Wednesday, reaching USD 215 per share, after President Donald Trump announced that the tech giant will invest an additional...
McDonald’s published its results for 2Q25, which mostly turned out better than consensus expectations. The company recorded sales growth driven by...
EIA Crude Oil Inventories Actual -3.029M (Forecast 0M, Previous 7.698M) EIA Gasoline Inventories Actual -1.323M (Forecast -1M, Previous -2.724M) EIA...
Trump will impose an additional 25% tariff on India due to the large Russian oil import. Futures on US Dollar Index (USDIDX) slightly gain after the announcement...
Shares of Snap Inc. (SNAP.US) plummeted by approximately 21% in response to the company's weak quarterly results and technical issues with its advertising...
The New Zealand dollar is today the strongest G10 currency, gaining 0.4% against the U.S. dollar, 0.2% against the euro, and 0.6% against the yen. Lower-than-expected...
Henry Hub natural gas (NATGAS) contracts are falling to their lowest levels since late autumn last year, testing a key technical support area near $2.95....
10:00 AM BST, Euro Zone - Retail Sales Data for June: Retail Sales: actual 3.1% YoY; forecast 2.6% YoY; previous 1.9% YoY; Retail...
09:30 AM BST, United Kingdom - PMI Data for July: S&P Global Construction PMI: actual 44.3; forecast 48.9; previous 48.8; The...
Italian Industrial Production (monthly) for July came in 0.2% vs -0.2% and -0.7% previously. Euro slightly gains today versus the US dollar,...
Shares of Danish pharmaceutical company Novo Nordisk (NOVOB.DK), known for its treatments targeting obesity and diabetes, opened slightly higher following...
Today’s session will feature mostly smaller data releases, mainly from the Eurozone. The PMI data season is coming to an end, although a batch of...
07:00 AM BST, Germany - Durable Goods for June: German Factory Orders: actual -1.0% MoM; forecast 1.2% MoM; previous -0.8%...
Wall Street closed with losses yesterday after a weaker-than-expected ISM services reading, which showed mounting price pressures (S&P 500: -0.5%,...
AMD, the biggest competitor to Nvidia in the production of data center and AI-related chips, while being highly competitive on price, has published its...
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