Daily Synopsis of the New York market close – May 13, 2025
Date Issued – 13th May 2025
Preview
Gold steadied near $3,240 as US-China trade optimism pressured haven demand, with the dollar and Treasury yields climbing. Meanwhile, Honda slashed its profit forecast by 59%, citing tariffs and weak EV...
Daily Synopsis of the Asia market close – May 12, 2025
Date Issued – 12th May 2025
Preview
Global markets rallied as the U.S. and China agreed to reduce tariffs and pause new duties for 90 days, lifting equities and oil prices while easing recession fears. S&P 500 and Nasdaq futures surged,...
Daily Synopsis of the New York market close – May 9, 2025
Date Issued – 9th May 2025
Preview
Asian markets surged Friday, with Japan’s Nikkei and Taiwan’s benchmark rallying on U.S.-UK trade optimism, while Bitcoin reclaimed $100,000, nearing its $109,000 record high. TSMC posted record...
Daily Synopsis of the New York market close – May 8, 2025
Date Issued – 8th May 2025
Preview
US stock futures rallied on optimism surrounding a potential US-UK trade deal, with the Dow, S&P 500, and Nasdaq futures climbing up to 1%. Meanwhile, the Trump administration’s plan to repeal Biden-era...
Daily Synopsis of the New York market close – May 7, 2025
Date Issued – 7th May 2025
Preview
US-China trade talks scheduled in Geneva have lifted market sentiment, with US futures rising and Asian equities rallying. Oil prices continued their upward trend, nearing $60 per barrel, supported by optimism...
Daily Synopsis of the New York market close – May 6, 2025
Date Issued – 6th May 2025
Preview
Markets are facing a mixed outlook as trade tensions, monetary policy, and sector-specific developments shape sentiment. The dollar strengthened on robust U.S. services data, while S&P 500 futures...
Daily Synopsis of the Asia market close – May 5, 2025
Date Issued – 5th May 2025
Preview
Markets face a week of uncertainty as U.S. equity futures dipped 0.7%, crude oil tumbled over 3% on OPEC+ output increases, and the dollar weakened further, boosting Asian currencies like the Taiwanese...
Daily Synopsis of the New York market close – May 2, 2025
Date Issued – 2nd May 2025
Preview
Asian markets rallied on easing U.S.-China trade tensions, with Hong Kong’s Hang Seng jumping 1.8% and Wall Street extending gains on robust Big Tech earnings. Amazon exceeded Q1 earnings expectations, driven...
Daily Synopsis of the New York market close – May 1, 2025
Date Issued – 1st May 2025
Preview
AI-powered growth drove Microsoft and Meta to exceed earnings expectations, with shares jumping 7% and 5.4%, respectively, despite macroeconomic pressures. The IMF warned of slowing growth in the MENA region...
Daily Synopsis of the New York market close – April 30, 2025
Date Issued – 30th April 2025
Preview
Markets face a pivotal week as mega-cap tech earnings, including Microsoft and Meta, take center stage amid ongoing tariff-driven uncertainty. President Trump’s easing of auto tariffs offers temporary...
