Live Updates

    24 February 2025
    Today features the German IFO release and prominent speeches, including Trump’s press conference with Macron.

    German IFO index, Trump-Macron press conference, G7 call, and multiple central bank speakers throughout the day.

    24 February 2025
    Societe Generale’s analysts suggest the Euro may rise towards a December peak of 1.0630.

    EUR/USD rebounded from 1.0140, stabilising above the 50-day moving average, with resistance at 1.0630 ahead.

    24 February 2025
    In early European trade, Eurostoxx futures rose 0.4%, while UK FTSE futures remained unchanged.

    Eurostoxx futures rise 0.4%, DAX up 0.9%, euro strengthens, S&P 500 gains, Nvidia earnings in focus.

    24 February 2025
    In January, the Eurozone’s consumer price index aligned with predictions at 2.5% year-on-year.

    Eurozone January HICP inflation hit 2.5%, matching forecasts, indicating stability and potential monetary policy implications.

    24 February 2025
    The euro seeks a break above 1.0500 following results from the German elections, influencing coalition negotiations.

    EUR/USD nears 1.0500 as German election sparks coalition talks, debt brake debate, and potential economic shifts.

    24 February 2025
    The UOB Group anticipates that GBP/USD will fluctuate between 1.2625 and 1.2680.

    GBP is trading between 1.2625 and 1.2680, with momentum targeting 1.2730. Support at 1.2580 remains critical.

    24 February 2025
    EUR/USD options at 1.0500 and 1.0525 may support a stronger euro given recent developments.

    EUR/USD expiries at 1.0500, 1.0525; German election boosts euro; debt brake reforms may increase investment, growth.

    24 February 2025
    During the Asian session, gold attracts dip-buying while remaining within its established trading range.

    Gold struggles within range as US tariffs, Fed policy, and economic concerns influence sentiment; key support at $2,855.

    24 February 2025
    Wunsch cautions against indiscriminate rate cuts, emphasising careful assessment and potential for inflation stability.

    ECB’s Wunsch warns against hasty rate cuts, stressing data-driven decisions while expecting rates near 2% by year-end.

    24 February 2025
    Amid heightened market caution, silver prices fluctuate close to $32.60 following previous gains.

    Silver price rises to $32.60 as weak US data and geopolitical risks drive safe-haven demand higher.

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