Monthly Archives: February 2025
West Texas Intermediate futures recover to approximately $70.44, aiming for stability amidst Russia-Ukraine peace efforts.
Written on February 24, 2025 at 3:38 pm, by davin
Oil prices stabilize above $70 as Russia-Ukraine talks progress. OPEC decisions and inventory reports influence market trends.
The week will feature various economic releases, with inflation trends and consumer confidence under scrutiny.
Written on February 24, 2025 at 3:33 pm, by davin
Key inflation data from Australia, Japan, and the US; economic indicators include consumer confidence, GDP, and durable goods.
The AUD/USD pair is projected to fluctuate between 0.6355 and 0.6400, according to UOB Group.
Written on February 24, 2025 at 3:08 pm, by davin
AUD is expected to trade between 0.6355 and 0.6400, with potential growth toward 0.6455 if support holds.
Currently, gold consolidates near record highs, awaiting catalysts as it trends upwards amidst stability.
Written on February 24, 2025 at 3:05 pm, by davin
Gold consolidates near highs; market awaits catalysts. Real yields decline, Fed stance key. Key reports ahead.
On Friday, cocoa prices dropped over 7.6%, settling just above GBP7,300/t, according to analysts.
Written on February 24, 2025 at 2:38 pm, by davin
Cocoa prices fell 7.6% to £7,300, the lowest since November, raising concerns about demand destruction.
Mixed performance characterises European equities; German stocks rise while broader market sentiment remains subdued.
Written on February 24, 2025 at 2:33 pm, by davin
German stocks rise after election; DAX up 0.5%, Eurostoxx down 0.2%. Markets mixed; Nvidia earnings awaited.
Today features the German IFO release and prominent speeches, including Trump’s press conference with Macron.
Written on February 24, 2025 at 2:05 pm, by davin
German IFO index, Trump-Macron press conference, G7 call, and multiple central bank speakers throughout the day.
Societe Generale’s analysts suggest the Euro may rise towards a December peak of 1.0630.
Written on February 24, 2025 at 1:37 pm, by davin
EUR/USD rebounded from 1.0140, stabilising above the 50-day moving average, with resistance at 1.0630 ahead.
In early European trade, Eurostoxx futures rose 0.4%, while UK FTSE futures remained unchanged.
Written on February 24, 2025 at 1:33 pm, by davin
Eurostoxx futures rise 0.4%, DAX up 0.9%, euro strengthens, S&P 500 gains, Nvidia earnings in focus.
In January, the Eurozone’s consumer price index aligned with predictions at 2.5% year-on-year.
Written on February 24, 2025 at 1:08 pm, by davin
Eurozone January HICP inflation hit 2.5%, matching forecasts, indicating stability and potential monetary policy implications.
