Global Bond Selloff Pressures Stocks as Rising Oil Prices Fuel Inflation Fears 
JPMorgan Sees Biotech Sector at Turning Point, Upgrades Top Pharma Stocks 
Cuba needs a long-term solution to its energy crisis 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
Gold Cracks Below $4,500 as Safe-Haven Shine Fades; Technical Breakdown Signals Sell-on-Rallies Toward $4,000 
US Economy Fueled by AI Investment Faces Rising Risks Ahead of Fed Meeting 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
Caixin China General Services PMI for February 2025 was recorded at 51.4, a slight increase from the previous month's reading of 51.018. This reflects a modest growth in China's service sector, with a more rapid recovery in demand, including export orders. Growth in new business and export orders helped push up the first rise in employment in three months as service firms met increased workloads1. Despite continued trade tensions, business confidence hit a three-month high as firms anticipated better demand and made further sales-supporting measures1.
Some of the highlights of the February Caixin Services PMI are as follows:
PMI Reading: 51.4, up from 51.0 in January.
Drivers of Expansion: New orders and export orders.
Employment: First rise in three months because of increased work volumes.
Input Costs: Fell for the first time since June 2020, resulting in lower selling prices.
Business Outlook: Optimism hit a three-month high as expectations of more robust demand fueled it.
