Rig count increased to 593; oil rigs decreased, gas rigs rose. Crude oil at $68.39, up 1.8%.
Consumer confidence in the Eurozone declined, while a strong US Dollar pressured EUR/USD and GBP/USD lower.
European indices mostly declined, except Spain’s Ibex, which rose 0.33%. Weekly results varied, with Spain leading gains.
Waller supports balance sheet reduction, sees excess reserves, favors gradual pace, and highlights Fed tools for stability.
Major US stock indices recover losses; NASDAQ gains, S&P and Dow decline slightly. Tesla rises but remains down significantly.
EUR/USD trades lower near 1.0815 amid US Dollar strength, Fed policy, and concerns over trade tariffs.
EURUSD declines to weekly lows, targeting 1.07609–1.0776; further drop may reach the 200-day moving average at 1.0728.
USD/CHF holds at 0.8820 despite a strong US Dollar; Fed officials remain cautious on interest rate cuts.
Trump signals flexibility on tariffs, hints at talks with China. Markets fluctuate as the US dollar strengthens.
The Pound Sterling weakens to 1.2920 against the US Dollar as Federal Reserve rate expectations support USD strength.
Insights 
VT 
