News

India's NIFTY IT index fell 4.7% to its lowest level since August 2023.

Market news: The European Council approved the signing of the Switzerland-EU bilateral agreement.

Bank of England: Due to limited demand, we will not be making any changes to the evening CHAPS (Automated Payments Clearing System) contingency window.

Bank of England: Work on other expansion phases, including bank holiday settlement and the wider roadmap towards closer to 24x7 settlement, will continue to progress.

The Bank of England: It will extend the time of the "CHAPS (Automated Payment and Clearing System)" settlement service and adjust the start time of the settlement service from 06:00 to 01:30.

Indian Information Minister: The Indian cabinet approved some power industry reform measures.

According to TASS news agency: Russian President Vladimir Putin will hold talks with the Vietnamese Foreign Minister.

UBS (UBS.N): After the release of data last week, the Bank of England is expected to cut interest rates by another 25 basis points in June, bringing the terminal interest rate to 3.25%.

The German service industry union (Ver.di) has called for a nationwide local public transport strike on February 27th and 28th.

Novo Nordisk (NVO.N) U.S. stocks fell about 3% before the market opened, after a trial of its UBT251 weight loss drug showed that patients lost an average of 19.7% in weight.

European Commission: The EU will continue to provide comprehensive political, financial, economic, humanitarian, military and diplomatic support to Ukraine and its people.

British Government: Sanctions cover 48 tankers transporting oil.

British government: Sanctions Russian oil transport company because the company transports more than 80% of Russia's exported oil.

At the close of Hong Kong stocks, the Hang Seng Index closed down 1.82%, and the Science and Technology Index closed down 2.13%. Internet stocks fell, with Meituan (03690.HK) falling by more than 4%, and Tencent Holdings (00700.HK) falling by 3.35%.

British Government: 297 new designated objects under the Russian sanctions regime.

British Prime Minister Starmer: We will increase military, humanitarian and reconstruction support, and we will support Ukraine.

Spokesperson of the Russian Ministry of Foreign Affairs: The root causes of conflict must be eliminated to achieve sustainable peace.

The FCHI index opened down 34.94 points, or 0.41%, to 8462.23 points on February 24 (Tuesday);The European Stoxx 50 Index opened down 10.54 points on February 24 (Tuesday) , down 0.17%, to 6103.95 points;The Spanish IBEX35 index opened down 46.21 points, or 0.25%, to 18244.19 points on February 24 (Tuesday);Italy’s FTSE MIB Index opened down 147.79 points, or 0.32%, to 46551.50 points on February 24 (Tuesday);The UK’s FTSE 100 Index opened down on February 24 (Tuesday) 10.90 points, a decrease of 0.10%, to 10673.84 points;The German DAX30 index opened down 34.98 points, or 0.14%, to 24951.6 points on February 24 (Tuesday).

French Foreign Minister Barrot: There is no doubt that Hungary’s obstruction of the 90 billion euro loan to Ukraine will be resolved.

Japan's 5-year government bond yield fell 4 basis points to 1.565%.