Hey Superheroes, What an eventful week it’s been for global markets. Platinum hit a 10-year high, oil is up 20% for the month and uranium prices jumped 5% in a day – all driven by a mix of supply disruptions, geopolitical tensions and rising demand for energy and industrial metals. In the U.S., the Fed released […]
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Hey Superheroes, The RBA has cut the cash rate by 25 basis points to 3.85%, marking its lowest level in two years. This decision came amid easing inflation pressures and global uncertainty. For those holding Bitcoin ETFs, Bitcoin surged past US$110,000 this week to reach an all-time high, driven by renewed optimism surrounding U.S. cryptocurrency […]
Hey Superheroes, Markets kicked off the week on a high as news of a US-China trade thaw buoyed investor sentiment. The ASX 200 jumped to nearly 8,400 on Monday while the S&P 500 and Nasdaq saw strong gains, with the ASX and Wall Street both set to end the week in green. Wall Street quarterly […]
Hey Superheroes, The U.S. and China have agreed to begin trade negotiations, sparking hopes for an easing of tensions between the world’s two largest economies. The U.S. Federal Reserve kept its key interest rate steady, maintaining the range between 4.25% and 4.5%, unchanged since December. Fed Chair Jerome Powell said that the economy is healthy […]
Hey Superheroes, Markets recovered somewhat this week with the ASX hitting a seven week high on Tuesday as investors and businesses alike digest the positive developments in the US-Ukraine relationship and President Trump’s announced reprieve on some tariffs for the auto manufacturing industry. Next week, the US Federal Reserve meets to discuss interest rates, we’ll […]
Hey Superheroes, Volatility is back in the markets this week. We also saw some action in currency markets, with the Aussie dollar gaining a bit against the US dollar. But global trade tensions are once again bubbling – yep, Trump’s back in the spotlight. Let’s get into it. Tech Tariff Is Back On The Table […]
Global giants took a hit this week — here’s how tariffs are affecting Apple, Tesla and the broader market. Get your 3-minute weekly dose of financial news.
Hey Superheroes, The S&P 500 and Dow Jones saw their worst single-day falls last night since 2020 while the Nasdaq shed more than 6%. The VIX index jumped by nearly 40% in a single day, marking yesterday as one of 10 highest one-day jumps over the last decade. The Magnificent Seven lost a total US$1.03 […]