Monthly Archives: February 2025
Following the German election, the EUR/USD pair strengthens, attracting buyers around 1.0480.
Written on February 24, 2025 at 2:37 am, by davin
EUR/USD rose to 1.0480 after Germany’s election. Weaker US PMI data contributed to the dollar’s decline.
Andrew Bayly, a New Zealand government minister, has stepped down; he’s not Andrew Bailey.
Written on February 24, 2025 at 2:32 am, by davin
Andrew Bayly’s resignation may impact New Zealand’s political landscape, causing uncertainty and varied reactions among stakeholders.
Quarterly retail sales in New Zealand, excluding vehicles, rose by 1.4%, contrasting with a decline of 0.8%.
Written on February 24, 2025 at 2:06 am, by davin
New Zealand’s retail sales rose 1.4% in Q4, reversing a 0.8% decline, indicating improving consumer spending.
Jose Luis Escriva highlights uncertainty, urging a cautious, flexible approach to interest rate decisions.
Written on February 24, 2025 at 2:02 am, by davin
Escriva urges caution, cites “extraordinary uncertainty,” and emphasizes a flexible approach to monetary policy amid weak demand.
The Christian Democratic Union topped the German election 2025, followed by the AfD, reports ZDF.
Written on February 24, 2025 at 1:37 am, by davin
CDU/CSU won 28.5%, AfD 20%, and SPD 16.5%. EUR/USD rose 0.18% to 1.0480.
Elon Musk criticised governmental standards via satirical AI, questioning accountability and bureaucracy’s inefficiencies.
Written on February 24, 2025 at 1:32 am, by davin
Elon Musk used X and his AI, Grok, to satirize government standards, highlighting inefficiencies and minimal accountability.
Austan Goolsbee dismissed rising inflation expectations, suggesting more data is needed before concern grows.
Written on February 24, 2025 at 1:02 am, by davin
Austan Goolsbee discussed inflation expectations, noting recent data suggests a 30-year high in consumer outlook.
US futures, including Nasdaq and Dow, decline for the second day due to economic concerns.
Written on February 24, 2025 at 12:37 am, by davin
US futures decline again as market levels fail; sentiment drops, home sales fall, and tariff concerns rise.
Iraq and Kurdistan have agreed to restart oil exports following a two-year suspension.
Written on February 24, 2025 at 12:32 am, by davin
Iraqi Kurdistan and Iraq agreed to restart crude exports, pending final inspections of the Iraq-Turkey pipeline.
On Friday, the Nasdaq100 (NQ) fell over 2%, erasing about two-thirds of last week’s advances.
Written on February 24, 2025 at 12:07 am, by davin
Nasdaq 100 fell over 2%, reversing gains. Market volatility may rise with upcoming economic data and technical weakness.
