US stocks rose as Senate resolution prospects improved; NASDAQ gained 2.3%, Dow 1.5%, financial stocks led gains.
AUDUSD trades above key moving averages, testing resistance at 0.6326-0.6336; NZDUSD holds support, targeting 0.5750.
US oil rig count rose to 487, gold retreated, EUR/USD stabilized, GBP/USD dipped, and cryptocurrencies gained slightly.
J.P. Morgan cuts 2025 US growth forecast to 1.9% due to policy uncertainty, tariffs, and spending slowdown.
Pound Sterling falls 0.14% on UK GDP contraction, while GBP/USD holds above 1.2900 amid risk sentiment concerns.
EU Trade Chief Sefcovic discusses tariffs with US; Ford restructures, closing Cologne plant; BMW, VW, Volvo expand US presence.
GBP/USD fell 0.14%, holding above 1.2900 as UK GDP contracted. US inflation expectations rose, impacting policy outlook.
Oil rigs increased to 487, gas rigs decreased to 100, total rig count remained unchanged at 592.
EUR/USD rises to 1.0900; German vote may boost Euro. Gold surpasses $3,000 as sentiment weakens. Fed steady.
Colombia’s retail sales grew 10.2% in January, surpassing forecasts and indicating strong consumer spending and economic resilience.
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