China’s Trade Surplus Soars to $96.18 Billion
China’s trade surplus climbed to $96.18 billion in April 2025, a significant leap from $72.04 billion a year earlier and well above market expectations of $89 billion. This surge was largely fueled by an 8.1% year-on-year export growth, even though...
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Bank of England Cuts Interest Rate to 4.25%
In its May 2025 meeting, the Bank of England (BoE) decided to lower its key interest rate by 0.25 percentage points to 4.25%. The decision passed with a narrow 5–4 vote in the Monetary Policy Committee (MPC): two members favored...
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Germany’s Trade Surplus Rises to €21.1 Billion
In March 2025, Germany’s trade surplus hit €21.1 billion, the highest since December 2024. This figure surpassed market expectations (€19.1 billion) and the revised February surplus (€18 billion), indicating strong export performance combined with a drop in imports. Key Details...
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Federal Reserve Keeps Interest Rates Steady in May 2025
In its May 2025 meeting, the Federal Reserve held the federal funds rate steady at 4.25% – 4.50%, marking the third consecutive meeting with no change. This decision aligns with market expectations and reflects the central bank’s cautious approach amidst...
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Bitwise Submits First Spot NEAR ETF Application to the SEC
On May 6, 2025, Bitwise Asset Management made a historic move in the cryptocurrency market by submitting the first-ever Spot ETF application for NEAR Protocol to the U.S. Securities and Exchange Commission (SEC). This major step marks a turning point...
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