February 27, 2025
Gold prices slip, investors eye upcoming US PCE data
Gold prices eased after a recent record rally, while investors looked towards inflation data due later this week and the latest developments on U.S. President Donald Trump’s tariff plans. The Gold-Dollar pair corrected downwards in the last session, falling 0.1%. According to the Stochastic-RSI, we are in an oversold market.Support: 2853.9 | Resistance: 2971.7
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February 27, 2025
European stocks hit record
A draft U.S.-Ukraine deal on critical minerals and robust corporate earnings helped European shares close at a record high. Global shares also gained and benchmark Treasury yields notched their sixth straight day of declines.
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February 26, 2025
Dollar falls after soft consumer confidence as economic concerns drag
The dollar retreated, extending declines after a soft reading on U.S. consumer confidence and a drop in U.S. yields weighed, while optimism for more spending in Germany helped lift the euro.
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February 26, 2025
AI stocks battered heading into make-or-break Nvidia earnings
AI-linked shares fell, in lead-up to AI bellwether Nvidia’s quarterly earnings, which could offer clarity on demand and justify the sector’s lofty valuations. Technology stocks globally sold off this week after a TD Cowen analyst note said Microsoft has canceled leases for sizeable data center capacity in the U.S.
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February 26, 2025
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
Tesla’s stock tumbled 8%, pushing its market value below $1 trillion for the first time since November after data showed the electric car maker’s sales slumped in Europe in January. The European Automobile Manufacturers Association reported that Tesla sales dropped 45% in Europe, compared with a 37% jump in overall sales of EVs in Europe. […]
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February 25, 2025
Euro backs off highs as German coalition talks eyed
The euro pulled back from earlier highs after briefly rallying following the election victory of Germany’s conservatives. Investors were also looking for clues to see if Germany will loosen its constitutionally enshrined ‘debt brake’ rule that limits the budget deficit to just 0.35% of national output. The Euro-Dollar price remained largely unchanged in the last […]
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