Live Updates

27 February 2025
The Commonwealth Bank of Australia suggests China’s actions may positively impact the Australian dollar’s outlook.

Trade risks from Trump impact AUD; China’s stimulus may support AUD, NZD, and CNH amid tariff concerns.

27 February 2025
The West Texas Intermediate oil price lingers close to two-month lows, around $68.70 per barrel.

WTI oil prices remain low amid supply concerns, economic issues, US tariffs, Venezuela sanctions, and Kurdistan exports.

27 February 2025
Seven & i cannot proceed with acquisition plans due to insufficient financing and ongoing strategic evaluations.

Seven & I denies Junro Ito’s financing; reviewing options including ACT’s proposal despite U.S. antitrust concerns.

27 February 2025
Traders are cautious with NZD/USD, which hovers near 0.5695 ahead of the US GDP report.

NZD/USD trades at 0.5695 as US tariffs and RBNZ rate cut expectations pressure NZD; GDP data awaited.

27 February 2025
The IRS will shut down over 120 offices, according to a letter obtained by a newspaper.

The IRS will close 120+ taxpayer assistance offices to improve efficiency under the Trump administration’s plan.

27 February 2025
The fourth quarter saw Australian Private Capital Expenditure decline to -0.2%, missing the 0.8% forecast.

Australia’s private capital expenditure fell 0.2% in Q4, missing expectations, signaling business investment challenges and caution.

27 February 2025
Commerce Secretary Howard Lutnick announced reciprocal tariffs, expressing concerns about China and US vehicle imports.

April 2 set as baseline for tariffs; Chinese vehicles banned; U.S. weighs European tariffs amid trade tensions.

27 February 2025
The EUR/USD pair retraced by roughly 0.25% following tariff threats from President Trump towards the EU.

EUR/USD falls 0.25% after Trump’s tariff threats; key US data and inflation reports anticipated this week.

27 February 2025
Seven & i’s management buyout plans falter as Itochu withdraws, complicating Japan’s acquisition landscape.

Seven & i explored a management buyout after a $47 billion bid, but Itochu withdrew over synergy concerns.

27 February 2025
The GBP/USD pair reached a 10-week high, surpassing 1.2700 for the first time since mid-December.

GBP/USD hit a 10-week high above 1.2700 but retreated amid negative risk sentiment and trade tensions.

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