Record $15.2B Crypto Settlement Marks Market ShiftCryptocurrencies

Record $15.2B Crypto Settlement Marks Market Shift

Key Points: Bitcoin and Ether options contracts valued at a total of $15.2 billion settled at 08:00 UTC. Deribit leads…

Cocoa Prices Hit Record $10,030/Metric TonCommodities

Cocoa Prices Hit Record $10,030/Metric Ton

Key Points: Cocoa prices surpass $10,000 per metric ton for May delivery, marking a 3.9% increase. West Africa, producing about…

25% EU Market Share for China Electric VehiclesStocks

25% EU Market Share for China Electric Vehicles

Key Points: China’s EVs claim 19.5% EU market share, expected to grow over 25% by 2024. European Commission investigates subsidies…

Amazon’s $2.75B Investment in AI Firm AnthropicTechnology

Amazon’s $2.75B Investment in AI Firm Anthropic

Key points: Amazon announces a landmark $2.75 billion investment in AI firm Anthropic, totalling a potential $4 billion commitment. The…

European Central Bank vs. Fed: Divided Rate PathsForex

European Central Bank vs. Fed: Divided Rate Paths

Key Points: European Central Bank adopts a dovish stance, signalling potential interest rate cuts in June, with key officials echoing…

Mexican Peso Surges and USD/MXN Dips to 16.53Forex

Mexican Peso Surges and USD/MXN Dips to 16.53

Key Points: USD/MXN rate hits an eight-year peak, dropping to 16.53. Unemployment dips to 2.5%, with the trade deficit narrowing…

Swiss Franc Dips, ZEW Optimism Surges to 11.5Forex

Swiss Franc Dips, ZEW Optimism Surges to 11.5

Key points: Swiss Franc is on a downtrend against the US Dollar as of the latest observations. Swiss ZEW survey…