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Forex
EUR soft but off lows – Scotiabank
Inflation data from France showed unchanged prices on the February month (versus expectations of a 0.2% rise) while German regional CPI data support forecasts for steady to slightly lower German CPI data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Fri, Feb 28
Other
Nations agree plan to finance nature protection at second attempt
Countries agree plan to raise $200 billion a year for nature by 2030Follows failure to agree details in Colombia in OctoberA global deal-making boost as Trump cuts US aid effortsBy Virginia FurnessLONDON, Feb 28 (Reuters) - A gathering of countries in Rome this week agreed a plan to generate $200 bi...Reuters
Fri, Feb 28
Commodities
US natgas prices ease to two-week low on record output, mild weather
Mild weather allows frozen wells to return to serviceUS gas output on track for record high in FebruaryUS LNG export feedgas on track for record high in FebruaryBy Scott DiSavinoFeb 28 (Reuters) - U.S. natural gas futures eased about 1% to a two-week low on Friday on record output and forecasts for ...Reuters
Fri, Feb 28
Other
ADVISORY-Alert on Invitation Homes' FFO estimate withdrawn
An alert on FY 2025 per share funds from operations estimate of Invitation Homes INVH.N was inadvertently published and has been withdrawn. There will be no substitute. STORY_NUMBER:FWN3PJ11WSTORY_DATE:28/02/2025STORY_TIME:[11:09:29]Reuters
Fri, Feb 28
Stocks
Akero Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Akero Therapeutics Inc AKRO.OQ reported a quarterly adjusted loss of 99 cents per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for a loss of $1.15 per share. Wall Street expected results to range from $...Reuters
Fri, Feb 28
Stocks
BUZZ- Owens & Minor rises on plans to sell unit, Q4 profit beat
** Shares of medical supplies distributor Owens & Minor OMI.N rise 10.3% to $7.6 premarket** Co's Q4 profit beats estimates and OMI says it is in the process of selling its unit that distributes products to healthcare providers and manufacturers ** Leerink Partners says the unit is slower-gr...Reuters
Fri, Feb 28
Stocks
BUZZ-Rocket Companies jumps after Q4 profit beats estimate
** Shares of Rocket Companies RKT.N jump 6.7% to $13.69 premarket** Late-Thursday, mortgage lender's Q4 adjusted EPS beat analysts' estimate, while Q1 adjusted revenue forecast was largely below expectation** BofA Global Research says RKT results were better-than-feared, following peer UWM H...Reuters
Fri, Feb 28
Stocks
BUZZ-Duolingo falls after dour 2025 adjusted profit forecast
** Shares of language learning app Duolingo DUOL.O fall 8.7% to $343 premarket** Co forecasts 2025 annual core adjusted profit between $259.9 mln and $274 mln, below estimates of $272.1 mln — data compiled by LSEG** Says forecast is lower than expected because of costs related to AI video call featu...Reuters
Fri, Feb 28
Other
Romanian government survives no-confidence vote
BUCHAREST, Feb 28 (Reuters) - Romania's pro-European coalition government survived a no-confidence vote in parliament on Friday, avoiding further political turbulence in the NATO and European Union member state which will rerun a presidential election this year.Tensions have run high in Romania ...Reuters
Fri, Feb 28
Other
US Postal Service chief urges employees not to get distracted after Trump takeover rumors
Adds additional comment from USPS, reference to takeover reports in paragraphs 3-4By David Shepardson WASHINGTON, Feb 27 (Reuters) - U.S. Postal Service employees should not get distracted after reports last week President Donald Trump could unilaterally seize control of the agency, Postmaster Ge...Reuters
Fri, Feb 28
Other
Exclusive: Ascot to roll out trio of new products after management liability rebrand
By Michael LoneyFeb 28 - (The Insurer) - Ascot has rebranded its management liability business as AscotEXEC as it targets a “tremendous long-term opportunity” in the space and prepares to launch new products for crime, primary employment practices liability and primary fiduciary for financial instit...Reuters
Fri, Feb 28
Cryptocurrencies
Pound sterling GBP outperforms the euro and the dollar amid stronger economic data
The Great British Pound has outperformed other leading currencies in February amid positive economic data. The currency rallied by 1.8% against the U.S. dollar this month, making February its best-performing month since September of last year.Cryptopolitan
Fri, Feb 28
