March 18, 2025
US retail sales rise slightly as economic uncertainty mounts
U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy against the backdrop of tariffs and mass firings of federal government workers.
Read More
March 18, 2025
Crypto ETPs see $1.7B in outflows, longest streak since 2015
Cryptocurrency exchange-traded products continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market. After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion
Read More
March 18, 2025
UK stocks kick off week higher as commodity-linked shares advance
British stocks closed higher, driven by energy and mining shares, while investors geared up for a slew of central bank decisions this week including from the Bank of England. The benchmark FTSE 100 index rose 0.6%.
Read More
March 17, 2025
Gold pops above $3,000 for first time
Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a historic rally in the safe-haven asset to seek cover from economic uncertainty sparked by U.S. President Donald Trump’s tariff war. The Gold-Dollar pair saw a minor dip of 0.1% in the last session. The ROC’s is […]
Read More
March 17, 2025
Stocks rebound after S&P 500 correction
U.S. equities followed European stocks higher on Friday to end a bumpy week on a positive note, although safe-haven gold hit a record high with investors still showing some signs of anxiety about the economic impact of tariffs. S&P 500 was 10% down compared to it’s February high
Read More
March 17, 2025
Euro gains after German fiscal deal; dollar buoyed
The euro rose on Friday after German parties agreed on a fiscal deal that could boost defence spending and revive growth in Europe’s largest economy. The dollar weakened against the euro but rose against the Swiss franc and the yen, underpinned by the likelihood the U.S. government will avert a shutdown. The Euro got a […]
Read More
