Live Updates

25

Feb 2025
Schnabel stated that current financing conditions likely do not hinder consumption and investment in the eurozone.

ECB’s Schnabel signals shifting conditions: financing less restrictive, inflation dynamics changed, and eurozone’s natural interest rate rising.

25

Feb 2025
The New Zealand Dollar experiences slight downward pressure against the US Dollar, remaining above 0.5715.

NZD faces slight pressure, may drop but unlikely below 0.5715; resistance at 0.5760, key support at 0.5715.

25

Feb 2025
OCBC analysts noted a preference for selling rallies as USD/JPY reached 149.77 recently.

USD/JPY recovered to 149.77 amid USD strength. Support at 149.20; resistance at 150.50. BOJ hints rate hike.

25

Feb 2025
The Kiwi is affected by risk-off sentiment, with traders analysing resistance and support levels.

NZDUSD nears support at 0.57 as USD strengthens. Key US data may drive market direction ahead.

25

Feb 2025
The price of silver (XAG/USD) has dropped to approximately $32 amid renewed tariff concerns involving Trump.

Silver prices decline to $32.00 despite tariffs, Dollar stability, geopolitical tensions, and bullish technical indicators.

25

Feb 2025
Nagel from the ECB emphasises caution on rate cuts, despite an encouraging inflation outlook.

Nagel stresses caution on rate cuts, citing persistent inflation, while a March cut may shape ECB communication.

25

Feb 2025
Martins Kazaks, an ECB policymaker, expressed the need to persist with interest rate reductions.

Kazaks urges cautious interest rate cuts as ECB nears terminal rate; Euro area wages growth slows.

25

Feb 2025
Risk-off sentiment supports the JPY as USD strengthens; traders eye upcoming economic reports keenly.

USDJPY declines amid risk-off sentiment, falling yields, and weak US data, with key economic reports ahead.

25

Feb 2025
Tonight, Australia will release January inflation data, likely reflecting a rise in headline CPI to 2.6%.

Australia’s January inflation data shows CPI growth to 2.6%, with employment rising by 44,000 full-time jobs.

25

Feb 2025
An advisor from the PBOC predicts a moderate decline in China’s CPI amid domestic demand pressures.

China’s CPI may drop in February due to weak demand, property market adjustments, and US trade tensions.

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