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About: anakin

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In Asia, Cable struggles amid a strong USD and poor service sector outlook, influencing trading.

The US dollar stays strong, while the British pound weakens amid rising costs and declining business profitability.

In February, consumer confidence in Italy surpassed expectations, reaching an actual figure of 98.8.

Italy’s consumer confidence rose to 98.8; EUR/USD stays under 1.0500; gold hits ten-day low near $2,880.

The PBoC’s Deputy Governor proposed special treasury bonds to bolster state-owned banks’ capital reserves.

The PBOC plans to issue special treasury bonds to help state-owned banks strengthen capital and support growth.

On Thursday, various Federal Reserve officials will deliver speeches on economic topics relevant to traders.

Federal Reserve officials will discuss supervision, community banking, financial stability, and the economic outlook in scheduled presentations.

The price of West Texas Intermediate (WTI) crude oil declined, exhibiting a bearish trend.

WTI crude fell to $68.53 per barrel. Oil prices fluctuate due to supply, demand, inventory data, and OPEC decisions.

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