Monthly Archives: March 2025
The oil rig count decreased to 486, while natural gas rigs rose to 102, totalling 593. Crude oil price increased by $0.32 to $68.39, showing a weekly rise of approximately 1.8%
Written on March 22, 2025 at 5:21 am, by davin
Rig count increased to 593; oil rigs decreased, gas rigs rose. Crude oil at $68.39, up 1.8%.
Consumer confidence in the Eurozone fell short of expectations in March, recording -14.5 instead of -13
Written on March 22, 2025 at 4:53 am, by davin
Consumer confidence in the Eurozone declined, while a strong US Dollar pressured EUR/USD and GBP/USD lower.
Most European indices finished lower, with Spain’s Ibex being the exception to this trend
Written on March 22, 2025 at 4:51 am, by davin
European indices mostly declined, except Spain’s Ibex, which rose 0.33%. Weekly results varied, with Spain leading gains.
Governor Christopher Waller expressed a preference for maintaining the existing balance sheet reduction pace
Written on March 22, 2025 at 4:23 am, by davin
Waller supports balance sheet reduction, sees excess reserves, favors gradual pace, and highlights Fed tools for stability.
US indices have mostly recovered, with NASDAQ rising, while Tesla shares show volatility
Written on March 22, 2025 at 4:21 am, by davin
Major US stock indices recover losses; NASDAQ gains, S&P and Dow decline slightly. Tesla rises but remains down significantly.
In the North American session, EUR/USD declines, nearing a 10-day low due to economic concerns
Written on March 22, 2025 at 3:53 am, by davin
EUR/USD trades lower near 1.0815 amid US Dollar strength, Fed policy, and concerns over trade tariffs.
EURUSD sellers have driven prices down, reaching a new weekly low and seeking further momentum
Written on March 22, 2025 at 3:51 am, by davin
EURUSD declines to weekly lows, targeting 1.07609–1.0776; further drop may reach the 200-day moving average at 1.0728.
Amidst US Dollar strength, the USD/CHF pair remains stable near 0.8820 during trading hours
Written on March 22, 2025 at 3:23 am, by davin
USD/CHF holds at 0.8820 despite a strong US Dollar; Fed officials remain cautious on interest rate cuts.
Trump’s remarks on tariffs boost risk trades; commodity currencies strengthen while US dollar displays firmness
Written on March 22, 2025 at 3:21 am, by davin
Trump signals flexibility on tariffs, hints at talks with China. Markets fluctuate as the US dollar strengthens.
In North America, the Pound Sterling weakens to approximately 1.2920 against the US Dollar
Written on March 22, 2025 at 2:53 am, by davin
The Pound Sterling weakens to 1.2920 against the US Dollar as Federal Reserve rate expectations support USD strength.