Monthly Archives: February 2026
Amid escalating US-Iran tensions, the price of gold rises to approximately $5,005, attracting investors
Written on February 5, 2026 at 3:04 pm, by
Gold surges to $5,005 amid US-Iran tensions, safe-haven demand rises, but Fed policy may cap gains.
The USD/CNY reference rate has been adjusted by PBOC to 6.9570, surpassing prior figures
Written on February 5, 2026 at 3:03 pm, by
PBoC sets USD/CNY higher at 6.9570; uses diverse tools to balance stability and economic growth.
Around $64.00, WTI oil prices remain steady as traders monitor US-Iran discussions and supply concerns
Written on February 5, 2026 at 2:33 pm, by
WTI Crude Oil steadies near $64 as US-Iran talks, supply concerns, and dollar strength influence prices.
In January, Ireland’s AIB Services PMI decreased from 54.8 to 54.5
Written on February 5, 2026 at 2:32 pm, by
Ireland’s Services PMI dipped slightly to 54.5, indicating continued growth despite a minor slowdown.
The Australian Bureau of Statistics reported a monthly trade surplus increase to 3,373 million dollars
Written on February 5, 2026 at 2:04 pm, by
Australia’s trade surplus expands as exports rise and imports fall, supporting a stronger Australian Dollar (AUD).
Exceeding expectations, Australia recorded a monthly trade balance of 3373 million rather than 3300 million
Written on February 5, 2026 at 2:02 pm, by
Australia’s trade beats forecasts; global markets shift amid USD strength, geopolitical tensions, and tech sector selloff.
Nvidia Slips Despite Alphabet Capex Surge
Written on February 5, 2026 at 1:58 pm, by
Nvidia steadies after a sharp pullback as Alphabet’s $180bn spending plan supports long-term demand but fails to spark a broad rebound.
Lisa Cook from the Fed expressed caution, believing inflation risks lean towards increasing yet optimistic overall
Written on February 5, 2026 at 1:33 pm, by
Federal Reserve remains cautious on inflation, monitors AI impacts and economic inequality while maintaining restrictive policy stance.
Tech experienced an unusual selloff as the market reacted unfavourably to its AI mirror reflection
Written on February 5, 2026 at 1:32 pm, by
AI-driven fears trigger tech selloff, challenging software models and demanding proof of real value over hype.
Alphabet’s revenue surpasses expectations, raising concerns among investors amid a tech stock downturn and AI scrutiny
Written on February 5, 2026 at 1:02 pm, by
Alphabet beats earnings expectations, but massive AI spending and tech sell-off pressure weigh on market response.
