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Monthly Archives: February 2025

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

Written on February 27, 2025 at 7:37 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 7:32 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 7:07 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 7:03 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 6:37 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 6:32 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 6:07 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 6:03 am, by

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

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Categories: Live Updates

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

Written on February 27, 2025 at 5:37 am, by

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

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Categories: Live Updates

Atsushi Mimura believes the yen’s rise reflects economic fundamentals, citing strong growth and inflation.

Written on February 27, 2025 at 5:32 am, by

Yen strengthens to 149 per dollar as Japan’s GDP grows, inflation rises, and interest rate hikes loom.

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Categories: Live Updates

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