Market News: Trump Group plans to cooperate with DAR GLOBAL to build Trump Tower in Riyadh, Saudi Arabia.GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2687.The Turkish Foreign Ministry said that Minister Feidan was in Turkey, after the Syrian Ministry of Information said earlier that he was in Damascus.
Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.US National Security Adviser Sullivan: When I met with Israeli Prime Minister Benjamin Netanyahu, I felt that he was ready to reach an agreement.WTI crude oil fell by 1.00% in the day and is now reported at $69.26/barrel.
GBP/USD fell 0.4% to 1.2700, the lowest level in a week.The European Central Bank predicts that the inflation rate will drop to 2% in the fourth quarter of 2025.European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy. European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy.
Strategy guide
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Strategy guide