Foxconn’s AI server revenue will surpass iPhone sales in two years, driven by rising enterprise computing demand.
UK unemployment steady at 4.4%, claimant count rose, employment increased, and average earnings grew in January.
The yen gained on holiday; EUR/JPY fell 200 points. Analysts monitor for reversals amid reduced liquidity.
UK claimant count rose by 44.2K in February, surpassing expectations, indicating labour market strain and economic impact.
China’s central bank kept Loan Prime Rates unchanged: 3.1% for one-year loans and 3.6% for five-year mortgages.
Gold prices in Saudi Arabia rose, reaching 368.20 SAR per gram. Economic conditions and central banks influence prices.
Australian Dollar falls after weak jobs report; employment drops 50,000 instead of rising, raising RBA rate cut concerns.
GBP/USD trades at 1.3010, maintaining bullish momentum. RSI above 70 suggests overbought conditions, possibly indicating correction.
SNB expected to cut rates to 0.25% as inflation stays low; markets watch for future easing signals.
Gold prices in Pakistan rose, driven by economic conditions, geopolitical tensions, and Federal Reserve rate decisions.
