Live Updates

    28 February 2025
    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.

    28 February 2025
    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%.

    28 February 2025
    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.

    28 February 2025
    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%.

    28 February 2025
    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.

    28 February 2025
    The US Goods Trade Balance for January was worse than anticipated, recording a deficit of $153.3 billion.

    US trade deficit widens, EUR/USD stabilises, gold drops, GBP/USD holds gains; focus shifts to payrolls, ECB meeting.

    28 February 2025
    Core PCE matched expectations; personal income increased, while spending on vehicles declined temporarily due to weather.

    US core PCE rose 2.6% annually, personal income increased 0.9%, while real personal spending declined 0.5%.

    28 February 2025
    Wholesale inventories in the United States exceeded expectations in January, reporting 0.7% instead of 0.1%.

    US wholesale inventories rose 0.7%, EUR/USD stabilised, gold dropped, and key economic events await.

    28 February 2025
    Market awaits US PCE and Canadian GDP, amid Fed rate cut speculation linked to inflation concerns.

    The PCE report will reveal inflation trends, influencing Federal Reserve rate decisions, while Canada’s GDP growth is analyzed.

    28 February 2025
    In the fourth quarter, Canada’s annualised GDP reached 2.6%, surpassing expectations of 1.9%.

    Canada’s GDP grew 2.6%, USD mixed, gold dipped, and GBP/USD remained resilient ahead of key events.

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