Daily summary: Mag7 stocks bounce; gold and oil in a bind
The US500 is up just under 2%, while the US100 is up 3%, just over 2 hours before the close of business on Wall Street. The DE40 is up just over 2%...
Market news
The US500 is up just under 2%, while the US100 is up 3%, just over 2 hours before the close of business on Wall Street. The DE40 is up just over 2%...
Later today, following the Wall Street close, veteran US technology firm IBM is set to release its financial results for the first quarter of 2025. Investors...
Bessent declines to comment on WSJ story on lowering tariffs on china, but he added that there is no unilateral offer from Trump to cut China tariffs right...
Oil inventories rise by 0.244 million barrels against expectations of an increase of 1.55 million barrels , with the previous increase at the level of...
The Wall Street Journal confirms earlier reports and announcements by Trump and Bessent about the de-escalation of the trade conflict. The United States...
Several OPEC+ members want the group to approve another accelerated oil output increase for June at meeting on May 5th, according to Reuters sources. Source:...
United States - PMI Data for April: US S&P Global Manufacturing Apr P: 50.7 (est 49.0; prev 50.2) - Services PMI: 51.4...
Boeing Co. (BA.US) shares rose as much as 4.2% in premarket trading on Wednesday after the aerospace giant reported first-quarter results that exceeded...
Over the past two sessions, Bitcoin has risen by more than 11%, from around 84,000 USD to over 94,000 currently. This strong rebound was driven by both...
08:30 AM GMT, United Kingdom - PMI Data for April: S&P Global Composite PMI (flash): actual 48.2 vs forecast 50.4; previous...
08:00 AM GMT, Euro Zone - PMI Data for April: HCOB Eurozone Manufacturing PMI: actual 48.7; forecast 47.4; previous 48.6; HCOB...
07:30 AM GMT, Germany - PMI Data for April: HCOB Germany Services PMI: actual 48.8; forecast 50.3; previous 50.9; HCOB Germany...
German Composite PMI Flash (April): 49.7 (Forecast 50.5, Previous 51.3) German Manufacturing PMI Flash: 48 (Forecast 47.6, Previous 48.3) German...
Today, the most important reports scheduled in the calendar will be the preliminary PMI reports for April. However, it's also worth monitoring the...
Stock markets rose sharply after Trump softened his tone, gains are especially visible in the USA. Futures contracts on the US500 are already gaining...
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