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Wholesale inventories in the US rose by 0.7%, against an expected decline of 0.5%.

US advance wholesale inventories rose 0.7% instead of falling 0.5%, raising concerns about tariff-related stockpiling.

The US Bureau of Economic Analysis will release January’s PCE Price Index data at 13:30 GMT.

US inflation fell to 2.5% in January; core PCE rose 2.6%. USD strengthened against NZD by 2.46%.

In January, the US trade deficit reached a record $153.26 billion, largely due to increased imports.

US trade deficit hit $153.26 billion in January as imports surged amid tariff concerns, marking a record high.

After reaching a record high, gold’s value has fallen by 3% amid tariff discussions.

Gold’s price drops 3% to $2,860 after tariffs; June rate cut odds rise to 71.8%.

Canada’s GDP surged to 2.6% in Q4, exceeding expectations, driven by household spending and exports.

Canada’s Q4 2024 GDP grew 2.6%, driven by household spending, exports, and investment, with wages rising moderately.

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