Forexlive Americas FX news wrap 14 Feb: Retail sales show consumer weakness to start year ...Middle East

S&P misses on a record close. Nasdaq closes higherKey economic releases scheduled for next week's trading.Fed Logan (voting in 26): Next couple of months of inflation will be pretty importantTrump: Working on pipeline held up by New York to bring down energy pricesTSMC is receptive to Intel factory dealBaker Hughes rig count little changed in the current weekUkraine's Zelenskiy: Ready to move as fast as possilbe toward real peaceDell near deal to sell $5 billion in AI servers to Musk xAIUkraine's Zelenskiy: Its the first meeting, not the lastEuropean indices close mixed on the day. German DAX comes off its record close yesterday.BOC senior loan officer survey for Q4: -1.89% versus +1.71% priorThe Atlanta Fed GDPNow growth estimate for Q1 lower to 2.3% from 2.9% lastMeta planning on major advancement in AI powered humanoid robotsUS business inventories for December -0.2% versus 0.0% estimateGeopolitical comments: China's Yi says that tariffs produce no winnersUS industrial production for January 0.5% versus 0.3% estimateCanadian consumer spending struggled in January - RBCUS import prices for January 0.3% versus 0.4% est . Export prices +1.3% versus 0.3% est.US retail sales for January. -0.9% versus -0.1% est. Control group -0.8% versus 0.3% est.Canada manufacturing sales for December 0.3% vs 0.7% expectedKickstart the NA session with at technical look at the EURUSD, USDJPY and GBPUSDForexLive European FX news wrap: A breather before US retail sales, more Trump headlines

Other economic data showed mixed resilience—industrial production rose 0.5% (vs. 0.3% expected), and capacity utilization edged up to 77.8% (vs. 77.7% expected). However, business inventories declined by -0.2% (vs. 0.0% expected), signaling potential weakness in supply chain demand.

Both the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) expected to announce interest-rate cuts when they meet on Tuesday and Wednesday respectively. The RBA is expected to cut rates by 25 basis points to 4.10% (86% probability), while the RBNZ has a 68% probability of a 50 basis point cut and a 32% chance of a 25 basis point cut from the current 4.25% level.

Looking at the other currencies vs the USD for the week:

EURUSD rose 1.62% (lower USD)GBPUSD rose 1.58% (lower USD)USDJPY rose 0.61% (higher USD)USDCHF fell -1.05% (lower USD)USDCAD fell -0.81% (lower USD).

2 year yield 4.263%, -4.8 basis point5-year yield 4.331%, -5.5 basis points10-year yield 4.478%, -4.7 basis points30-year yield 4.703%, -2.3 basis points

For the week, yields were mixed with the two year down while the thirty-year rose modestly. The debt market did have to maneuver through higher-than-expected CPI and PPI data and a 10 and 30 year coupon auctions which were met with below average demand.

2 year yield, -4.1 basis points5 year yield, -1.6 basis points10-year yield, -1.5 basis points30-year yield, +0.8 basis points

Dow rose 0.55%S&P rose 1.47%Nasdaq rose 2.58%

Worth mentioning is that Meta shares closed higher for the 20th consecutive day today.

Looking at other markets as the week came to a close:

Crude oil fill -0.79% or -1.12% at $70.49. For the week the price fell -0.68%. Silver fell $-0.19 or -0.60% to $32.13. For the week the price rose 1.489%Gold tumbled $45.09 for -1.54% to $2882.21 in trading today. For the week the price rose 0.77%, and traded to a record intraday level of $2942.71Bitcoin (which never closes) rose $900 today to $97,500. For the trading week, the high price reached $98,871 while the low price was at $94,091 This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about forexlive americas fx news wrap 14 feb retail sales show consumer weakness to start year was published today ( Saturday 15/02/2025 - 01:14 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Forexlive Americas FX news wrap 14 Feb: Retail sales show consumer weakness to start year )

Also on site :

• Valve will face that £656m UK lawsuit accusing them of overcharging Steam customers, as tribunal rules it can go ahead
• Mimi Rogers Turns 70 and Stuns on the Red Carpet Alongside Her Beautiful Lookalike Daughter
• Lady Gaga Channels Community with 'Won't You Be My Neighbor?' Cover in Rocket and Redfin's Super Bowl LX Teaser