EUR/USD
1.18996
-0.109%
Gold
5021.92
-0.717%
Oil
63.807
-0.733%
USD/JPY
154.246
-1.051%
GBP/USD
1.36666
-0.212%
GBP/JPY
210.807
-1.248%
Real-time News
The German DAX 30 index closed down 1.37 points, or 0.01%, at 25,003.37 on Tuesday, February 10th; the UK FTSE 100 index closed down 32.01 points, or 0.31%, at 10,354.22 on Tuesday, February 10th; the French CAC 40 index closed up 4.60 points, or 0.06%, at 8,327.88 on Tuesday, February 10th; European... The Stoxx 50 index closed down 10.85 points, or 0.18%, at 6048.16 on Tuesday, February 10; the Spanish IBEX 35 index closed down 70.89 points, or 0.39%, at 18124.21 on Tuesday, February 10; and the Italian FTSE MIB index closed down 26.31 points, or 0.06%, at 46796.50 on Tuesday, February 10.According to sources, Venezuela has resumed oil exports to Israel after Maduros overthrow, and has shipped its first shipment of crude oil to Israel.On February 11th, Michael Pfister of Commerzbank stated in a report that the European Central Bank (ECB) may struggle to address the recent strength of the euro, as the factors driving this trend are beyond its control. Since hitting a low in August 2022, the euro has appreciated by over 15% on a trade-weighted basis, but this largely reflects the weakness of other currencies. The euro often benefits when other currencies face political crises, but this is detrimental to eurozone exports. ECB officials also emphasized that the euros appreciation is primarily expected to occur in the first quarter of 2025, when Germany announces its fiscal plan and the dollar weakens significantly. Pfister stated that the ECB is only likely to react more strongly if the euros appreciation becomes more pronounced.The main Shanghai silver futures contract fell by more than 2.00% intraday, currently trading at 20,142.00 yuan/kg.February 11th - In the fourth quarter, the delinquency rate for all types of loans in the United States, from mortgages to credit cards, rose to 4.8% of total outstanding household debt, the highest level since 2017, primarily driven by increased defaults among low-income groups and young borrowers. Data released Tuesday by the New York Federal Reserve showed that while the overall proportion of loans in default is close to pre-pandemic levels, the rise in delinquency rates among the lowest-income groups further confirms the growing divergence in the U.S. economy. The increase in default rates was mainly driven by mortgage delinquencies, particularly in low-income zip codes. Student loan delinquency rates rebounded sharply after repayment requirements were suspended during the pandemic, also contributing to the overall increase in defaults. The proportion of credit card loans overdue by at least 90 days rose to 12.7%, the highest since the first quarter of 2011; the proportion of heavily delinquent auto loans rose to 5.2%, approaching the record set in 2010. Approximately 16.3% of student loans went into delinquency in the fourth quarter, the largest increase since records began in 2004.
