Live Updates

25

Feb 2025
Despite US market declines, European stocks largely maintained their positions, showcasing resilience in closing.

European stock markets closed mixed; Stoxx 600 rose 0.1%, while French and German indexes declined slightly.

25

Feb 2025
Isabel Schnabel of the ECB stated subdued growth doesn’t imply a restrictive policy approach.

Isabel Schnabel noted a transition to a global bond glut, highlighting excess liquidity and rising Euro area rates.

25

Feb 2025
US House Speaker Johnson hints at a budget vote delay due to insufficient Republican support.

House Speaker Johnson uncertain on budget vote; markets react to GOP tax cut concerns, contributing to downturn.

25

Feb 2025
According to Scotiabank’s Chief Strategist, Pound Sterling is experiencing a slight increase in value.

Pound Sterling rises slightly; Starmer to announce defence spending. BoE’s Pill speaks on rates; GBP consolidates near support.

25

Feb 2025
As crude oil plunges below $70, stocks decline and yields drop amidst rising risk aversion.

Risk assets struggle as consumer confidence drops; oil falls below $70, with WTI at $69.54, lowest since December.

25

Feb 2025
According to Scotiabank’s Chief FX Strategist Shaun Osborne, the EUR remains stable in the upper 1.04s.

EUR remains stable; narrower spreads support gains. Resistance at 1.0530 limits upside, with support at 1.0430.

25

Feb 2025
According to Bessent, the US economy is fragile, reliant on government spending and job growth.

US Treasury Secretary Bessent warns of a fragile economy, citing high spending and government-driven job growth concerns.

25

Feb 2025
Following Trump’s tariff remarks, CAD stabilises as short-term volatility increases ahead of the deadline.

CAD volatility rises with tariff concerns; USD resistance at 1.4250/60, support at 1.4150/75, potential shift ahead.

25

Feb 2025
The NASDAQ index fell for four consecutive days, dipping below its 100-day moving average.

NASDAQ falls for fourth day, dropping below 100-day moving average, signaling increased selling activity despite optimism.

25

Feb 2025
Scotiabank’s strategist observes the US Dollar fluctuating as risk appetite declines against major currencies.

USD trades unevenly as risk appetite declines; tariffs impact yields. Key data releases include housing and confidence.

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