Oil stabilizes ahead of OPEC meeting
Key points: There is stability in oil prices as demand is expected to be high in the summer season. Analysts predict that OPEC+ countr…
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Dollar weakens ahead of inflation figures
Key points: The dollar fell slightly by 0.12% against a basket of major currencies to 104.43. The euro rose 0.16% despite dovish state…
Stocks recovered after the sharp decline
Key points: US stocks rose on Friday after falling on Thursday. Consumer inflation expectations improved at the end of May. 77.9% of S…
Tesla cuts production of Model Y in China
Key points: Starting in March 2024, Model Y production at Tesla’s Shanghai plant has been reduced by 20%. Tesla is shifting its …
Nvidia shares rose more than 9%
Key points: The sharp jump in Nvidia shares led to a daily gain in the company’s market capitalization. Nvidia shares closed at …
US SEC approves applications for Ethereum ETF
Key points: The SEC has approved applications from Nasdaq, CBOE and NYSE to list Ether ETFs. 9 issuers plan to launch Ether ETFs. Issu…
Oil price falls for 4 days in a row
Key points: Oil prices are falling due to fears of slowing economic growth and lower oil demand. Minutes of the Fed meeting that the b…
Markets close lower after Fed minutes
Key points: All three major US indices closed in the red on Wednesday, May 22. Nvidia shares rose 6% in after-hours trading. The minut…