24.02. Fresh trading analysis: European markets rise, dovish speech by the Fed's head

Wednesday, February 24th, today’s news—European markets rise on upbeat German data, exports and construction activity are up, economic growth beats forecasts. The Fed's chairman Jerome Powell said the low rates are here to stay, the central bank will continue to buy government bonds, oil is down on the rising stockpiles in the US, dollar weakens. The price of Brent oil is $64.96, WTI—$62.02, EUR/USD is at 1.2161, GBP/USD—1.4156, gold is $1,803.55 per ounce. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during a time of volatility.