Earthquake of magnitude 5.59 strikes West Papua, Indonesia, GFZ reports

The earthquake in West Papua may lead to regional instability, impacting local supply chains or humanitarian responses.

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European Movers: Croda (CRDA LN) +2.0%, Endesa (ELE SM) +4.1%, Edenred (EDEN FP) +5.2%, Convatec (CTEC LN) +9.2%, Novo Nordisk (NOVOB DC) -3.5%, Unite (UTG LN) -7.1%, Fresenius Medical Care (FME GY) -9.8%

Shanghai Gold Exchange says it is to cut margin ratio and price limits for some gold and silver contracts from the closing settlement on February 24th

Earthquake of magnitude 5.59 strikes West Papua, Indonesia, GFZ reports

French Business Confidence (Feb) 102 vs. Exp. 104 (Prev. 105)

French Business Climate Indicator (Feb) 97 (Prev. 99)

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Investors should monitor commodities and infrastructure stocks that could be sensitive to disruptions in the area, while safe-haven assets like gold might see reactive demand amid heightened geopolitical uncertainty.

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