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Bank of England Cuts Interest Rate to 4.25%

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

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

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

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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FTSE 100 Halts Growth Streak After 16 Consecutive Sessions

FTSE 100 Halts Growth Streak After 16 Consecutive Sessions

The FTSE 100 index in London experienced a slight decline during Wednesday’s trading session, ending its impressive 16-day growth streak. This pause was primarily driven by sharp drops in the value of major pharmaceutical stocks AstraZeneca and GSK. Key Market...
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DAX index Steady Ahead of Fed Decision; German Automakers Lead the Market

DAX index Steady Ahead of Fed Decision; German Automakers Lead the Market

On Wednesday, Germany’s DAX index held steady around the 23,250 mark with minimal fluctuations. This stability came as traders cautiously awaited the outcome of the Federal Reserve’s two-day meeting, set to conclude later today. Key Market Developments & German Economic...
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German Industrial Orders Surge in March 2025

German Industrial Orders Surge in March 2025

In March 2025, Germany’s industrial orders recorded a sharp 3.6% increase compared to the previous month, significantly surpassing market expectations of 1.3%. This marks the strongest monthly growth since December 2024 and follows a period of stagnation in February. Notably,...
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Elon Musk’s Unprecedented Power in U.S. Politics & Economy

Elon Musk’s Unprecedented Power in U.S. Politics & Economy

By 2024, Elon Musk had evolved from a celebrated Silicon Valley entrepreneur to a controversial and dominant oligarch. He wielded unprecedented power not only in tech but across politics, media, the military, and international relations. His influence impacts various sectors...
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U.S. Trade Deficit Soars to Record High in March 2025

U.S. Trade Deficit Soars to Record High in March 2025

In March 2025, the U.S. trade deficit surged to an all-time high of $140.5 billion, significantly above market expectations of $137 billion. This jump was driven by a historic spike in imports ahead of new tariff announcements scheduled for April....
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Canada’s Trade Deficit Narrows in March 2025

Canada’s Trade Deficit Narrows in March 2025

In March 2025, Canada recorded a trade deficit of CAD 0.51 billion, a sharp improvement from the CAD 1.41 billion deficit in February. The improvement was driven by a decline in imports and a notable shift in export destinations, particularly...
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