Monthly Archives: February 2025

Oil Prices Slip on Kurdistan Export Prospects

Written on February 24, 2025 at 3:08 am, by

CL-OIL slips 3.09% to $70.31 amid potential Kurdistan exports resumption and Russia-Ukraine peace talk uncertainty. – vtmarkets.com

Jose Luis Escriva emphasised that interest rate direction remains uncertain, urging cautious monetary policy adjustments.

Written on February 24, 2025 at 3:08 am, by

Jose Luis Escriva stresses caution in monetary policy amid uncertainty, with the ECB assessing decisions meeting-to-meeting.

The Bank of Japan remains unconcerned about gradual increases in bond yields unless they spike sharply.

Written on February 24, 2025 at 3:02 am, by

BOJ remains unconcerned about gradual bond yield increases, allowing market forces to dictate long-term rates.

Following the German election, the EUR/USD pair strengthens, attracting buyers around 1.0480.

Written on February 24, 2025 at 2:37 am, by

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

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

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

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

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

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

Austan Goolsbee discussed inflation expectations, noting recent data suggests a 30-year high in consumer outlook.

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