Feb 12 2025, 13:35 The USD/CHF pair trades on a flat note around 0.9130 during the early European trading hours on Wednesday. Traders await further information from US President Donald Trump on potential trade tariffs. The US Consumer Price Index (CPI) inflation data will be in the spotlight later on Wednesday. Also, the Federal Reserve’s…
Feb 12 2025, 13:20 Oil prices edged down on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, though stronger refining margins limited the market’s downside. Brent futures fell 25 cents, or 0.3%, to $76.75 a barrel by 0408 GMT, while U.S. West Texas Intermediate (WTI)…
Feb 12 2025, 14:03 The dollar index remained steady around 108 on Wednesday after pulling back in the previous session, as caution prevailed ahead of a critical inflation reading that could provide further guidance on the direction of interest rates. The January CPI report is expected to show a slight acceleration in US core inflation…
Feb 12 2025, 13:00 European markets are heading for a positive open Wednesday as global markets await the latest inflation reading out of the U.S. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,785, Germany’s DAX up 75 points at 22,104, France’s CAC up 12 points at 8,042 and Italy’s…
