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The giant chip maker exceeded analysts’ expectations. Even with a global GPU shortage!
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
The risk-on is back on the market as investors focus on the projections for a stronger-than-expected economic rebound and the Fed’s pledge to prolong support for the rest of the year.
Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.
On Thursday, February 25, at 15:30, the initial jobless claims will be published in the US.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
Riskier currencies such as the GBP, NZD, and AUD skyrocketed to multi-year highs. 10-year Treasury yields rose to the highest level in almost a year. Oil tries to rebound from its previous week's losses.
On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference.
UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time.
Let's see what interesting changes to his portfolio Mr. Buffett has done
The worse-than-expected earnings may press Walmart down!