Headlines:
The bond market moves to test another key levelGold down on the day, poised to snap weekly win streakWeekly update on interest rate expectationsSpain February preliminary CPI +3.0% vs +3.0% y/y expectedSwitzerland Q4 GDP +0.2% vs +0.2% q/q expectedEurozone January M3 money supply +3.6% vs +3.8% y/y expectedEurozone February final consumer confidence -13.6 vs -13.6 prelimJapan's new births fell again in 2024 for a ninth straight yearChina's annual parliament, the “Two Sessions,” starts next weekMarkets:
The overall risk mood is a better one though, with US futures pointing higher after Nvidia's earnings beat. The chip giant is seeing shares up around 1% in pre-market trading now, helping to ease some of the concerns for equities earlier in the week.
here. The drop sees the precious metal now fall to $2,887 and is poised to end the weekly win streak of eight weeks for gold.
Looking ahead, the weekly US initial jobless claims is one to be wary of in terms of economic data releases. Otherwise, the focus will be on month-end flows as well as more Trump headlines before the final day of the week/month tomorrow.
This article was written by Justin Low at www.forexlive.com. Read More Details
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