United Kingdom S&P Global/CIPS Services PMI came in at 51, below expectations (51.1) in February

Mar 5, 2025

WTI slumps to near $67.50 as Trump tariffs weigh on global Oil demand outlook

West Texas Intermediate (WTI), futures on NYMEX, falls sharply to near $67.50 in Wednesday’s European session.

The trade-weighted Dollar Index (DXY) broke decisively under 106 yesterday as European currencies rallied on the prospects of major fiscal stimulus.