Live Updates

    6 May 2025
    Eli Lilly & Company operates globally in pharmaceuticals and aims for a new weekly trading high

    Eli Lilly’s stock shows bullish momentum, targeting $1155 post-correction; support holds above April 2025 low.

    6 May 2025
    The central bank in Taiwan is inspecting FX custodian banks to stabilise the market situation

    Taiwan’s central bank acts to stabilize currency after volatility, inspecting FX custodians and enforcing strict trade controls.

    6 May 2025
    The Australian Dollar falls to around 0.6450 as China’s business activity experiences a slowdown

    AUD/USD drops amid weak China data, US tariffs; RBA rate cut possible, Fed policy in focus.

    6 May 2025
    Despite weak Swiss inflation, EUR/CHF declines as expectations rise for a SNB rate cut

    Swiss inflation falls below expectations in April, raising prospects of SNB rate cuts and possible NIRP return.

    6 May 2025
    In April, the UK services sector faced contraction, with declining orders and diminished business expectations

    UK services sector contracts in April 2025 as new orders drop and business confidence weakens sharply.

    6 May 2025
    According to ING’s Warren Patterson, declining oil prices will lead to reduced drilling activity in the US

    Falling oil prices reduce drilling, impacting US production and natural gas supply amid rising LNG export demand.

    6 May 2025
    Analysts from UOB Group predict NZD/USD will oscillate between 0.5930 and 0.5980, long-term range 0.5890/0.6005

    NZD likely holds between 0.5930–0.5980 short-term; potential retest of 0.6030 if 0.5890 holds.

    6 May 2025
    Schlegel indicated negative interest rates remain a possibility, though they are generally unpopular among citizens

    SNB’s Martin Schlegel signals possible return of negative interest rates amid expectations of lower Swiss inflation.

    6 May 2025
    An aggressive supply increase by OPEC+ indicates a policy shift, prompting lower oil forecasts by ING

    OPEC+ boosts oil supply again; Saudi Arabia leads amid price drops, fiscal strain, and market uncertainty.

    6 May 2025
    The EU Trade Commissioner announced proposed zero tariffs on industrial goods while pursuing trade discussions

    EU Trade Commissioner proposes zero tariffs on industrial goods to boost talks, especially with India.

    Back To Top
    Chatbots