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Forex
China SMEI: Activity slows in February – Standard Chartered
Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50. Tourism-related services activity dropped m/m after holiday…
Crude oil price today: WTI price bearish, according to FXStreet data
West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $72.10 per barrel, down from Wednesday’s close at $72.16.…
Highest proportion of money managers in more than two decades call US stocks ‘overvalued’
Bank of America's survey has 89% of money managers calling equities 'overvalued'.
The average rating this decade has been 81% however.
The Dow Jones index…
USD/CHF weakens to 0.9025 area amid rising trade tensions, modest USD weakness
USD/CHF attracts some sellers and snaps a three-day winning streak amid renewed USD selling.
Trump’s fresh tariff threats weigh on the global risk sentiment…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 26,427.28 Pakistani Rupees (PKR) per gram, up…
USD/CAD steadies above 1.4200, upside seems possible due to new Trump tariffs
USD/CAD could increase further due to fresh tariffs from US President Donald Trump.
The latest FOMC Meeting Minutes emphasized needing more time to assess…
Japanese Yen buying remains unabated; USD/JPY dives to mid-150.00s
The Japanese Yen continues to strengthen amid rising bets for additional BoJ rate hikes.
Trump’s tariff threats weigh on investors’ sentiment but also…
Fed’s Goolsbee: Inflation has decreased but it is still excessive
Federal Reserve Bank of Chicago President Austan Goolsbee said late Wednesday that inflation has fallen but it is still too high.
Key quotes
Inflation has…
Australia’s Unemployment Rate rises to 4.1% in January vs. 4.1% expected
Australia’s Unemployment Rate rose to 4.1% in January from 4.0% in December, according to the official data released by the Australian Bureau of Statistics…
EUR/USD softens below 1.0450 on Trump’s tariff threats
EUR/USD edges lower to 1.0425 in Wednesday’s late American session.
FOMC Minutes indicated that the Fed wants to take time before making adjustments to…