EUR/USD
1.17908
0.052%
Gold
5226.71
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66.213
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154.738
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1.34942
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208.812
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Real-time News
According to CBS: Trump is unhappy with the limited military options against Iran, and advisors have warned that any strike could be ineffective and could lead to a larger conflict.On February 24th, IBM (IBM.N) shares plunged on Monday after AI startup Anthropic announced that its Claude Code tool could help modernize COBOL, an outdated programming language that primarily runs on IBM computers. IBM (IBM.N) shares fell as much as 13%, marking its biggest single-day drop since March 2020. Data compiled by institutions shows that, as a result, the stock fell 26% in February, on track for its largest monthly decline since at least 1968.February 24th - Supported by strong semiconductor shipments and a vibrant domestic stock market, South Koreas consumer confidence index climbed to its highest level since November in February. Data released by the Bank of Korea showed that the composite consumer confidence index rose to 112.1 in February, the highest level since November last year, and well above the neutral threshold of 100.FedEx (FDX.N) is suing the U.S. government, demanding a full refund of emergency tariffs.February 24th - According to the Wall Street Journal, the Trump administration is considering new "national security tariffs" on six industries. Sources familiar with the matter revealed that the tariffs under consideration could cover industries such as large batteries, pig iron and iron fittings, plastic pipes, industrial chemicals, and power grid and telecommunications equipment. These tariffs would be imposed under Section 232 of the Trade Expansion Act of 1962. The new tariffs on these six industries would be implemented separately from the new 15% global tariff. It is unclear when the investigations into these tariffs, conducted by the Department of Commerce, will be announced, or when they will ultimately be implemented. Section 232 requires a lengthy investigation before tariffs can be imposed, but once implemented, the president can unilaterally amend it.
