Google’s Gemma 3 competes with ChatGPT, operates efficiently, outperforms rivals, and underscores AI’s shift towards efficiency.
USD consolidates losses amid stock gains, tariffs, and market volatility; bond markets steady, oil prices rise.
CPI gains fade; S&P, Dow decline while NASDAQ rises. Key retracement level crucial for momentum; Tesla, Nvidia gain.
Pound Sterling hits four-month high after soft US CPI; Fed policy shift expected; UK GDP data awaited.
Tiff Macklem remains cautious on tariffs, inflation, weak demand, recession risks, and the Bank of Canada’s stance.
US inflation fell to 2.8% in February, below expectations. Core CPI rose 3.1%. Fed policy remains cautious.
Crude oil rose 1,448,000 barrels, gasoline fell 5,737,000, and distillates dropped 1,559,000; refinery utilization decreased 0.6%.
Consumer prices rise, Bitcoin surpasses $83,700, gold nears $2,940, and major currency pairs show upward trends.
Sellers control EURUSD, focusing on 1.0872 support. Resistance at 1.0936-1.0954 limits gains; breaking higher is crucial.
February 2025 CPI reported at 319.082, below expectations, highlighting a gap between economic performance and forecasts.
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