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The Redbook Index in the United States fell to 6.2%, down from 6.3%.

U.S. Redbook Index declined to 6.2% on February 21, indicating retail sales and consumer spending trends.

Despite US market declines, European stocks largely maintained their positions, showcasing resilience in closing.

European stock markets closed mixed; Stoxx 600 rose 0.1%, while French and German indexes declined slightly.

Isabel Schnabel of the ECB stated subdued growth doesn’t imply a restrictive policy approach.

Isabel Schnabel noted a transition to a global bond glut, highlighting excess liquidity and rising Euro area rates.

US House Speaker Johnson hints at a budget vote delay due to insufficient Republican support.

House Speaker Johnson uncertain on budget vote; markets react to GOP tax cut concerns, contributing to downturn.

According to Scotiabank’s Chief Strategist, Pound Sterling is experiencing a slight increase in value.

Pound Sterling rises slightly; Starmer to announce defence spending. BoE’s Pill speaks on rates; GBP consolidates near support.

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