Nvidia Makes History with Market Cap Surpassing $4 Trillion… All Eyes on Q2 Earnings
For the first time in market history, Nvidia’s market capitalization surpassed $4 trillion, overtaking both Apple and Microsoft. The company’s valuation has soared by over 1000% since the beginning of 2023 and currently represents about 7.50% of the S&P 500 index. This record-breaking surge in Nvidia’s value is primarily driven by surging demand for its […]
German DAX Index Hits New All-Time High, Outperforming European, U.S., and Chinese Markets
The German DAX index surged to a new all-time high on Monday, reaching 24,609 points. The index has risen approximately 33% since hitting a low of 18,490 on April 7, 2025, and is now up about 23% year-to-date. This performance places the DAX ahead of its European peers such as France’s CAC 40 (+7%), the […]
The Reserve Bank of Australia Holds Off on Rate Cuts Despite Market Expectations
The Reserve Bank of Australia (RBA) kept interest rates unchanged at 3.85% during its meeting on July 8, 2025, defying market expectations of a 25-basis point cut. The central bank cited a more balanced outlook for inflation risks and strength in the labor market as key reasons for maintaining its current policy stance. Recent economic […]
Nasdaq 100 Hits Record Highs Despite Tariff Concerns
The Nasdaq 100 index recorded a new all-time high on Thursday, July 3, reaching 22,896 points. It has surged by approximately 38% from the low of 16,542 points seen on April 7, 2025, confirming the index has entered a bull market. Year-to-date, the index has climbed around 8%. However, it closed lower yesterday by about […]
Overview of Key Economic Events from Last Week
Last week featured several significant economic data releases globally. In the United States, indicators showed mixed results; the manufacturing PMI, non-farm payroll growth, and job openings came in strong, while construction spending and private sector employment declined notably. The unemployment rate dropped to 4.1%, and average hourly earnings also slowed. In the Eurozone, there was […]
Bitcoin Holds Above $100,000 Amid Strong Bullish Momentum
Bitcoin prices have remained above the key psychological level of $100,000 since May 9, 2025, despite briefly dipping below it once on Sunday, June 22, 2025, when it hit approximately $98,000. However, the rebound was swift, and the cryptocurrency is currently trading near the stiff resistance level of $110,000 — a level it has struggled […]
Decline in USD/DKK Pair to Lowest Level Since September 17, 2021
The USD/DKK exchange rate continues its downward trend, reaching 6.3068 two days ago — its lowest level since September 17, 2021. The pair has dropped approximately 6% from its peak of 6.7413 on May 12, 2025, to the recent low of 6.3068. Recent Danish economic data indicates a notable improvement in the country’s economic performance: […]
Bullish Momentum for EUR/USD: Reaching the Highest Level Since September 15, 2021
The EUR/USD pair reached 1.1830 yesterday, Tuesday, marking its highest level since September 15, 2021. It has risen by nearly 7% from the low recorded on May 12, 2025, at 1.1065 up to the peak reached yesterday at 1.1830. The pair is currently trading near the 1.1800 level and has increased by about 14% year-to-date. […]
U.S. Dollar Falls to 7-Month Low Against Chinese Yuan
The USD/CNH exchange rate dropped to 7.1520 on Thursday, June 26, 2025 — its lowest level since November 8, 2024. The pair is currently trading at near 7.1600. From the April 8, 2025 high of 7.4289 to the recent low, the dollar has weakened by nearly 4%, and is down approximately 2% year-to-date. Meanwhile, the […]
Brief Overview of Last Week’s Key Economic Events
Last week was marked by several key economic developments globally. In the United States, data indicated improvements in the labor market and a sharp drop in oil inventories, alongside positive momentum in both manufacturing and services PMI. Housing indicators showed mixed results, while consumer spending declined, despite increases in core PCE inflation and durable goods […]
