EUR/USD
1.18016
-0.450%
Gold
5000.51
2.512%
Oil
64.976
4.478%
USD/JPY
154.597
0.855%
GBP/USD
1.35211
-0.338%
GBP/JPY
209.037
0.522%
Real-time News
The bid-to-cover ratio for the 20-year U.S. Treasury bond auction on February 18 was 2.36, compared to 2.86 previously.The US 20-year Treasury auction on February 18th yielded a winning bid of 4.664%, compared to 4.85% previously.The decree indicates that Italy expects to collect approximately €1 billion between 2026 and 2028 by increasing the industrial and commercial land tax (IRAP) in the energy sector.February 19th - European Central Bank (ECB) Executive Board member Gerard Schnabel stated that she is committed to completing her term on the ECBs Executive Board. Her eight-year term ends at the end of 2027, and the German official hinted that she does not intend to consider leaving early. Earlier on Wednesday, the Financial Times reported that ECB President Christine Lagarde is expected to step down before her term ends next October. The ECB has not denied this possibility, with a spokesperson stating that the president "has not yet made a decision regarding the end of her term." "I dont think theres any need to leave early," Schnabel said on Wednesday. With three seats on the six-member ECB Executive Board vacant during 2027, speculation is growing that all seats will be filled at once. In addition to Lagarde and Schnabel, Chief Economist Lanes term also expires next May. The appointment process was complicated by the French presidential election, where the far right wing enjoys high support in the polls, and the current leadership is attempting to limit its influence.Market news: ECB Executive Board member Schnabel believes there is no need to step down early.
