Xi praised Russia’s efforts on Ukraine, affirmed steady China-Russia ties, and emphasized ongoing strategic coordination and diplomacy.
NZD/USD rose before retracing as New Zealand’s Q4 retail sales exceeded expectations. RBNZ plans gradual easing.
S&P 500 declines on inflation concerns; key support at 5960. Upcoming NFP, CPI reports crucial for market direction.
UK reports a £15.4bn surplus, below forecasts. Rising yields limit flexibility, impacting GBP/USD and fiscal plans.
Swiss sight deposits rose to CHF 438.1 billion, the highest since Christmas, reversing recent declines.
NZD trades sideways between 0.5735 and 0.5770, with potential to challenge 0.5790 if momentum increases.
Germany’s Ifo business climate index stood at 85.2 in February, with expectations rising but current conditions declining.
The dollar weakened on soft data, tariff concerns, and geopolitical factors, while traders await key economic releases.
German election optimism fades; EUR/USD struggles below 1.0500, DAX loses momentum as traders assess coalition challenges.
Oil prices stabilize above $70 as Russia-Ukraine talks progress. OPEC decisions and inventory reports influence market trends.
