Global Market Weekly Recap: February 24 – 28, 2025
Financial markets likely experienced their most volatile week of the quarter as traders navigated economic data, geopolitical developments, and policy shifts.
Financial markets likely experienced their most volatile week of the quarter as traders navigated economic data, geopolitical developments, and policy shifts.
National Bank of Canada’s (NBC) Economics and Strategy team slightly lowers its 2026 Canadian GDP forecast to 1.1% and highlights a sharp drop in potential GDP to 0.6% due to demographic recalibration. They stress that US trade uncertainties and weak non-resource exports are weighing on Canada’s medium-term outlook. Manufacturing slump and US tensions weigh “In…
Dow Jones – 03.06.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Gold trades just shy of record highs on Monday, edging higher after last week’s all-time peak near $3,675. The Fed’s monetary policy decision on Wednesday dominates market sentiment, with a 25 bps cut seen as certain. XAU/USD continues to trade sideways with the 21-SMA providing short-term support. Gold (XAU/USD) kicks off the week on a…
XRP is down 0.8% on Friday March 6 to $1.39, marking the second consecutive losing session, but the price action is deceptive. It changes nothing in the technical picture that has been in place for over a month. More importantly, something went quietly live this week that almost nobody has properly contextualized. Ripple’s Hidden Road…
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