Monthly Archives: March 2025
WTI crude oil dips under $66, nearing September 2024’s low due to OPEC+ actions
Written on March 5, 2025 at 8:05 pm, by anakin
WTI crude oil falls below $66, nearing September lows. OPEC+ weighs output increase amid declining prices.
Bailey believes second-round effects are unlikely, while Pill highlights cautious stance on rate cuts
Written on March 5, 2025 at 7:35 pm, by anakin
Soft economy reduces second-round inflation effects; rate cuts possible later, depending on inflation risks, says BOE officials.
The technology sector thrives, especially semiconductors, while energy stocks struggle amid fluctuating conditions
Written on March 5, 2025 at 7:05 pm, by anakin
Technology stocks surge, led by semiconductors, while energy stocks decline amid fluctuating oil prices and demand concerns.
Greene suggested inflation may persist, advocating a cautious monetary policy approach amidst uncertain signals.
Written on March 5, 2025 at 6:35 pm, by anakin
Persistent inflation may not decrease without intervention; monetary policy must stay strict amid above-target inflation and wage uncertainty.
The US Supreme Court’s 5-4 decision negates Trump’s freeze on foreign-aid payments authorised by Congress
Written on March 5, 2025 at 5:35 pm, by anakin
Supreme Court mandates foreign-aid payments, 5-4 ruling challenges Trump’s perceived unchecked power, reinforcing judicial oversight.
USDCAD displays volatile movement, with traders eyeing key resistance and support levels for direction
Written on March 5, 2025 at 5:05 pm, by anakin
USDCAD remains volatile within a consolidation zone, facing resistance at 1.4471 and support near 1.4354.
US automaker shares rise as hints emerge of potential tariff exemptions under USMCA compliance rules
Written on March 5, 2025 at 4:35 pm, by anakin
GM shares rise 5%, Ford up 1.7%, potential exemptions for automakers, Trump announcement expected later today.
US employment rose by 77K, underperforming expectations, indicating cautious hiring amid economic uncertainty
Written on March 5, 2025 at 4:05 pm, by anakin
US employment growth slowed to 77,000 in February 2025, with job losses in southern and western regions.
The FX trading day begins with EURUSD, USDJPY, and GBPUSD all gaining against the dollar
Written on March 5, 2025 at 3:35 pm, by anakin
The USD is weaker as EUR gains, GBP and JPY rise. Stocks rebound, yields climb, and Bitcoin advances.
The Italian economy experienced marginal growth of 0.1% in the fourth quarter, reflecting a revision
Written on March 5, 2025 at 2:35 pm, by anakin
Italy’s Q4 GDP revised to 0.1% growth from 0.0%, reflecting slight economic improvement, Istat reported.