Monthly Archives: February 2025
OPEC+ shows reluctance to proceed with the planned oil output increase, favouring a delay instead.
Written on February 28, 2025 at 5:32 am, by anakin
OPEC+ debates an April oil output hike; Russia, UAE support it, but Saudi Arabia prefers a delay.
XAG/USD shows resilience near the $31.15 zone, recovering from a four-week low.
Written on February 28, 2025 at 5:07 am, by anakin
Silver holds above the 100-day SMA at $31.15, with key levels at $30.00 support and $33.40 resistance.
Japanese unions advocate for record salary increases amid rising costs and strong prior wage trends.
Written on February 28, 2025 at 5:02 am, by anakin
Japanese labour unions seek record wage increases amid rising living costs, reinforcing arguments for Bank of Japan rate hikes.
Under pressure, the Australian Dollar continues to decline as the US Dollar strengthens amid rising risk aversion.
Written on February 28, 2025 at 4:37 am, by anakin
AUD declines for six days amid US tariffs; RBA concerns, trade risks, and economic factors influence outlook.
Sam Altman announced the addition of tens of thousands of GPUs for the upcoming ChatGPT launch.
Written on February 28, 2025 at 4:32 am, by anakin
OpenAI CEO Sam Altman announces GPT-4.5 rollout, expanding GPUs significantly for the powerful new model.
Concerns over global economic growth and fuel demand keep WTI crude oil around $70.00.
Written on February 28, 2025 at 4:07 am, by anakin
WTI crude trades at $69.90 amid economic concerns, US tariffs, OPEC+ decisions, Venezuela sanctions, and inflation data.
Fresh interest in the Japanese Yen follows BoJ Deputy Governor’s hawkish inflation comments amid weaker CPI.
Written on February 28, 2025 at 3:37 am, by anakin
The Japanese Yen gained as BoJ’s Uchida signaled rate hikes, despite softer CPI data and weak output.
President Harker of the Federal Reserve suggests potential rate adjustments, indicating both options remain viable.
Written on February 28, 2025 at 3:32 am, by anakin
Harker suggests rates will likely stay on hold but doesn’t rule out movement, leaning toward future cuts.
Ahead of India’s GDP release, the INR experiences slight losses as USD demand rises.
Written on February 28, 2025 at 3:08 am, by anakin
Indian Rupee weakens amid USD demand, foreign outflows, and macroeconomic factors ahead of India’s GDP release.
The NASDAQ faced its largest drop this year, while major indices experienced substantial declines overall.
Written on February 28, 2025 at 3:02 am, by anakin
Major stock indices declined, with NASDAQ down 2.78%. Nvidia dropped 8.48%, while Tesla neared its 200-day average.
