EUR/GBP declines as Germany’s confidence falls; ECB rate cuts expected; UK plans major defence spending increase.
Standard Chartered predicts Bitcoin may drop to the low $80,000s amid market pressures and cryptocurrency selloff concerns.
Sweden’s PPI rose to 1.7% in January, indicating higher production costs and potential inflationary pressure.
China’s Vice Minister of Commerce met U.S. business leaders to discuss tariffs, China’s Ministry of Commerce announced.
EUR/JPY trades near 156.95 as Euro gains on German defence spending, while Yen strengthens on BoJ policy.
Tesla began deliveries of the updated Model Y in China, featuring design, comfort, range, and safety improvements.
House approves Trump’s tax and border package in a 217-215 vote, extending tax cuts and funding deportations.
Singapore’s industrial output grew 4.5% in January, surpassing expectations. EUR/USD and GBP/USD rebounded, while Bitcoin fell.
Chile’s grid operator reports 25% power restoration after a nationwide outage, impacting copper operations, with full recovery expected soon.
EUR/USD declines to 1.0500 as US Dollar strengthens; Treasury yields rise, while Euro sentiment improves on Germany’s plans.
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