US housing prices rose 0.4%, AUD/USD declined, EUR/USD consolidated, gold dipped, and Bitcoin faced liquidations.
Stournaras supports cuts to 2%, Schnabel sees a higher natural rate, and Nagel urges caution on reductions.
S&P/Case-Shiller rose 4.5%, AUD/USD fell, EUR/USD climbed, gold dropped, crypto faced liquidations, Germany, Trump.
EURUSD showed bullish trends but stalled below resistance; price now sits between resistance and key moving averages.
U.S. Redbook Index declined to 6.2% on February 21, indicating retail sales and consumer spending trends.
European stock markets closed mixed; Stoxx 600 rose 0.1%, while French and German indexes declined slightly.
Isabel Schnabel noted a transition to a global bond glut, highlighting excess liquidity and rising Euro area rates.
House Speaker Johnson uncertain on budget vote; markets react to GOP tax cut concerns, contributing to downturn.
Pound Sterling rises slightly; Starmer to announce defence spending. BoE’s Pill speaks on rates; GBP consolidates near support.
Risk assets struggle as consumer confidence drops; oil falls below $70, with WTI at $69.54, lowest since December.
