Trump to announce auto tariffs at 4 pm ET; market reacts mildly, European officials consider reducing US tariffs.
US Durable Goods Orders rose 0.9% in February, surpassing expectations, with transportation equipment contributing significantly.
Musalem signals possible rate hikes due to tariff-driven inflation but leaves room for cuts if unemployment rises.
Durable goods orders rose 0.9% in February, surpassing expectations and signaling strength in the manufacturing sector.
Economy slows as businesses and consumers show caution; Fed monitors inflation risks, potential rate adjustments, and labour market strength.
Durable goods orders rose 0.7%, EUR/USD tested 1.0740, gold stayed above $3,000, UK inflation increased.
US Treasury sold $70B in five-year notes at 4.910% yield, with strong international demand at 75.8%.
Durable goods orders fell, crypto dipped, UK services inflation rose slightly, and gold stayed above $3,000.
NASDAQ drops 300 points as Nvidia and Tesla decline; AI concerns, trade tensions impact markets and sales.
Gold (XAU/USD) rises to $3,027 amid higher copper prices, Ukraine conflict concerns, and Federal Reserve expectations.
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