📈 Wall Street Bounces Back Slightly!
After yesterday’s sell-off, US indices show modest gains:
🔹 US100 +0.4%
🔹 US500 +0.2%
🔹 VIX -0.6%
🔥 All Eyes on Nvidia! 🔥
The most anticipated event today is Nvidia’s earnings report 📢 after the US session. But before that, at 1:30 PM GMT, key US data drops:
📉 US GDP reading
📊 US jobless claims
🏗️ US Durable Goods Orders
🇪🇺 Europe Joins the Recovery
Futures on major European indices tick higher:
📈 EU50, DE40 & UK100 up 0.3–0.4%
🤝 US & Ukraine Reach Minerals Deal
Washington eased demands, paving the way for an agreement. Meanwhile, President Zelenskiy 🇺🇦 is set to visit Washington on Friday to meet Donald Trump, per media reports.
🌏 Asia in Rally Mode!
The Hang Seng Index 🚀 surged 3%+, and HK.cash & CHN.cash futures gain 2.7–3.1% amid optimism that China’s tech boom will help revive its economy and attract foreign investment.
💵 Bond Yields Edge Up
Both 10-year & 2-year US Treasury yields rise 3 bps after yesterday’s bond rally.
🇦🇺 Aussie Drops on Data Miss 📉
🔻 AUDUSD -0.35% after disappointing Australian data:
✔️ CPI YoY 📊 2.5% vs. 2.6% expected
✔️ Trimmed Mean CPI 2.8% vs. 2.7% prior
✔️ Construction Work Done 🏗️ +0.5% MoM (vs. 1% expected, 1.6% prior)
🛢️ Oil Rebounds Slightly ⬆️
📉 US API crude inventories fell -0.64M (vs. 2.3M exp., 3.34M prior)
💰 Bitcoin Eyes $89K Again! 📈
BTC attempts to reclaim $89K, but crypto remains under pressure, still 3% below the $92.5K short-term holder average price.
🎙️ Fed’s Barkin Speaks
⚖️ Federal layoffs may impact regional economies but represent just 2% of the US job market.
📌 Stay tuned for more updates! 🚀
📊 Morning Market Update (26.02.2025) 🌅 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.