EUR/USD
1.18849
-0.081%
Gold
5090.74
1.303%
Oil
64.710
1.062%
USD/JPY
152.821
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GBP/USD
1.36574
0.116%
GBP/JPY
208.718
-0.890%
Real-time News
February 12 – European Central Bank (ECB) Executive Board member Gerard Schnabel stated that Europe possesses the conditions needed to build a prosperous economy, but must accelerate the implementation of reforms and embrace change. Schnabel said, “Europe is a continent with enormous potential. The picture for Europe should be optimistic, as Europe has the capacity and tools to meet challenges.” She added, “The key is to unleash the full potential of the single market, one of Europe’s strongest assets.” EU leaders will meet on Thursday, and officials, including ECB President Christine Lagarde, have urged countries to take bolder steps to enhance competitiveness. Schnabel pointed out that Europe must reduce regulatory barriers and emphasized the so-called “28th regime” proposal, which establishes an EU-level legal system outside of national legal frameworks, enabling companies to operate under new, uniformly formulated business rules at the European level.U.S. Treasury Secretary Bessant: President Trumps agenda to boost economic growth is benefiting American workers. Thanks to President Trumps tax deals, trade agreements, and peace agreements, the U.S. economy continues to thrive—and the best is yet to come.US Treasury Secretary Bessen: Non-farm payroll data exceeded expectations.British Chancellor of the Exchequer Reeves: Further integration with the EU requires greater coordination.British Chancellor of the Exchequer Reeves: (On increasing European cooperation in defense spending) I hope we will have more to say on this in the coming weeks.
