April 24, 2025
Adidas posts forecast-beating quarterly profit on strong sneaker demand
German sportswear and apparel maker Adidas reported first-quarter sales and profit above expectations, citing growth across all its markets and channels. First-quarter operating profit jumped 82% to 610 million euros, the group said, resulting in a margin of 9.9%.
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April 23, 2025
European shares close higher as financials, L’Oreal rise
European shares ended slightly higher on the back of rising financials and post-earnings gains in L’Oreal, though sentiment remained shaky after U.S. President Donald Trump’s critique of Federal Reserve Chair Jerome Powell.
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April 23, 2025
Wall Street bounces back as earnings take focus over tariff chaos
U.S. stocks rebounded as a spate of quarterly earnings reports helped investors look past President Donald Trump’s warnings of recession if the U.S. Federal Reserve does not cut interest rates, which sparked worries that the central bank could lose its essential autonomy.
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April 23, 2025
US Bitcoin ETFs clock biggest inflows since January
US-based Bitcoin exchange-traded funds had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend. The 11 Bitcoin-tracking funds saw a joint net inflow of $381.3 million on April 21, largest since January 30th. The Bitcoin-Dollar pair skyrocketed 4.0% in the last session. The Stochastic indicator is […]
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April 22, 2025
Dollar slides to three-year low as Trump attacks threaten Fed’s independence
The dollar tumbled to its lowest level in three years as investor confidence in the U.S. economy took another hit over President Donald Trump’s attacks on the Federal Reserve chairman, potentially putting the central bank’s independence under threat. The Dollar-Yen pair fell 0.4% in the last session. The ROC is giving a positive signal.Support: 139.25 […]
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April 22, 2025
Safe-haven rush, Gold extends record run, breaks above $3,400/oz
Gold surged above $3,400 to a record high on Monday, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion. The Gold-Dollar pair exploded 2.1% in the last session. The ROC is giving a negative signal.Support: 3286.4 | Resistance: 3535.1
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