Bank of America expects steady interest rates until 2026, tightening financial conditions and potentially increasing recession risks.
GBP/USD rose slightly, stabilising near 1.2680 as markets anticipate Trump delaying tariffs; attention shifts to GDP.
The Trump administration plans a registry for undocumented immigrants, requiring fingerprints and addresses or facing penalties.
Silver prices fell over 1.80%, dropping below $32.00 amid risk aversion, bearish momentum, and industrial demand concerns.
Congo considers cobalt export quotas to address oversupply, stabilize prices, and counter declining demand from automakers.
Crude stocks drop, AUD/USD weakens, USD/JPY rebounds, gold fluctuates, crypto declines, politics and trade in focus.
US consumer confidence fell, market sentiment weakened, Richmond Fed index rose, gold and oil declined, S&P 500 dropped.
US 5-year note yield drops, AUD/USD struggles, USD/JPY rises, gold weakens, Bitcoin falls, Germany’s elections loom.
Australia will release January’s CPI data on 26 February 2025, with inflation rising despite recent declines.
Thomas Barkin expects lower PCE inflation, supports a cautious approach, and stresses maintaining modestly restrictive policy amid uncertainty.
