Monthly Archives: February 2025
Dollar Subdue Ahead of Tomorrow PCE
Written on February 27, 2025 at 5:45 am, by
Market Summary The market had its attention on Nvidia’s earnings report, which was released after market close. The company’s optimistic forecast fueled a strong post-market rally in its share price, potentially setting the stage for a broader rebound in the U.S. equity market. Investors are now awaiting today’s U.S. GDP data, which could provide furtherContinue Reading
Gold Strong Amid Uncertainty
Written on February 25, 2025 at 5:38 am, by
Market Summary As broader financial markets, including forex and equities, remained subdued, safe-haven assets emerged as the preferred choice for investors. Gold prices surged to fresh all-time highs in the previous session, reflecting growing risk aversion amid geopolitical and economic uncertainties. Meanwhile, crude oil prices found strong support above the $70 per barrel mark, buoyedContinue Reading
Euro Gain on Merz Win
Written on February 24, 2025 at 8:57 am, by
Market Summary The U.S. dollar extended its decline, hitting a new 2025 low, as markets digested weaker-than-expected U.S. economic data last week despite the Fed’s hawkish tone in the latest FOMC meeting minutes. The fading confidence in the U.S. economy weighed not only on the greenback but also on Wall Street, which slumped further amidContinue Reading
