🔔 MARKET UPDATE 🔔

🇪🇺 EURUSD rose to 1.1985 today, up 0.26% from the previous session, with ECB officials expressing concern over euro strength potentially leading to further rate cuts.

🇬🇧 GBPUSD fell to 1.3757 yesterday, down 0.65%, after trading below 1.39000 in the Asian session.

🍫 Gold prices surged to a new all-time high, with futures opening at $5,295.59 per troy ounce yesterday, a 3.42% increase.

🛢 Oil markets saw mixed trading, with Brent crude rose to $67.69, a 1.65% increase and WTI crude rising to $62.43 per barrel amid US supply disruptions from a winter storm.

🇺🇸 The S&P 500 inched down less than 0.1% to 6,978.03, while the DJI rose by 12.19 points, or 0.02%, to 49,015.60, as US stocks held near all-time highs.

😇 The US Federal Reserve held interest rates steady at 3.5% to 3.75% yesterday, noting solid economic expansion, low job gains, and stabilizing unemployment, with inflation remaining elevated.

🏦 US Treasury Secretary Scott Bessent indicated a strong-dollar policy, dampening expectations for intervention in currency markets.

💼 Corporate earnings showed mixed results, with UnitedHealth Group plunging 19.6% after lagging revenue estimates, while General Motors rose 8.7% on stronger-than-expected earnings.

⚠️ OPEC+ is expected to maintain its current production pause, contributing to ongoing supply uncertainty alongside disruptions from a Kazakhstan oilfield setback.

🗓 CALENDAR FOR TODAY

🟠 🇺🇸 USD - Unemployment Claims - 16:30 GMT+3