EUR/USD
1.19146
0.169%
Gold
5096.60
1.420%
Oil
64.767
1.151%
USD/JPY
153.375
-0.654%
GBP/USD
1.37013
0.438%
GBP/JPY
210.150
-0.210%
Real-time News
According to Les Echos, French technology and artificial intelligence company Mistral is investing €1.2 billion to build a new data center campus in Sweden.A Reuters poll found that 41 out of 57 economists surveyed expressed concern about the Federal Reserves independence being weakened after Powells term ends.A Reuters poll of 53 economists found that 49 of them believe the main risk is that the Federal Reserve under Kevin Warsh may set monetary policy too loose.A Reuters poll of 101 economists found that 60 believe the Federal Reserve will cut the federal funds rate by 25 basis points to a range of 3.25%-3.50% by the end of June (the January poll had no consensus).February 11th - Investinglive analyst Justin Low stated that all eyes are on the non-farm payroll data, with market participants awaiting news to react. Currently, traders expect the Federal Reserve to cut interest rates by approximately 60 basis points cumulatively this year, and have already priced in a further 25 basis point rate cut at the June meeting. Yesterdays weak consumer picture naturally reinforced this expectation. If todays non-farm payroll data is strong and the unemployment rate stabilizes, it suggests that the Fed may keep interest rates unchanged for a longer period. In an optimistic scenario, this could significantly reduce the risk of rate cuts in the first half of the year. However, given the mixed signals from yesterdays US consumer data, it is too early to completely rule out the possibility of further rate cuts in June or July.
