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February 18th - According to the Financial Times, a source familiar with her thinking revealed that European Central Bank (ECB) President Christine Lagarde is expected to step down before the end of her eight-year term in October 2027. The ECB leader, who took over from the International Monetary Fund in November 2019, hopes to step down before the French presidential election next April. Sources indicate that Lagarde hopes outgoing French President Emmanuel Macron and German Chancellor Angela Merz will select a new head for one of the EUs most important institutions. It remains unclear when Lagarde will leave office.
According to the Financial Times, European Central Bank President Christine Lagarde hopes to step down before the French presidential election next April.
According to the Financial Times, JPMorgan Chase plans to open more than 160 branches in more than 30 states by 2026.
February 18th, Futures News: Economies.com analysts latest view: Spot silver prices rose in recent intraday trading, attempting to recover some losses, accompanied by an attempt to alleviate the clearly oversold condition on the Relative Strength Index (RSI), particularly given the positive signals shown by the indicator. Although this improvement is limited, negative pressure remains dominant as prices continue to trade below the 50-day exponential moving average (EMA50), reinforcing the short-term bearish corrective trend, especially as prices are moving along the secondary support trendline of this bearish path.
February 18th, Futures News: Economies.com analysts latest view: WTI crude oil prices fell in recent intraday trading, with the technical signal turning to selling pressure after breaking below the short-term main uptrend line. This pressure persists as prices remain below the 50-day exponential moving average (EMA50), reinforcing the negative performance and limiting any near-term rebound opportunities. These developments, accompanied by negative signals from the Relative Strength Index (RSI), support the possibility of a continuation of the bearish trajectory in the near term.