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About: davin

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German companies’ sentiment remained stable, with expectations rising despite a decline in current conditions.

Germany’s Ifo business climate index stood at 85.2 in February, with expectations rising but current conditions declining.

The dollar weakened last week due to soft data and expectations of temporary tariffs under Trump.

The dollar weakened on soft data, tariff concerns, and geopolitical factors, while traders await key economic releases.

Optimism following the German election fades quickly, leaving traders cautiously awaiting coalition progress.

German election optimism fades; EUR/USD struggles below 1.0500, DAX loses momentum as traders assess coalition challenges.

West Texas Intermediate futures recover to approximately $70.44, aiming for stability amidst Russia-Ukraine peace efforts.

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.

Key inflation data from Australia, Japan, and the US; economic indicators include consumer confidence, GDP, and durable goods.

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