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Hassett: Reciprocal tariffs are a work in progress
Hassett: Reciprocal tariffs are a work in progress
Trump promised to unveil them yesterday or today
Politics
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
OPEC continues to see solid demand growth this year
US CPI data due imminently. The ranges of estimates (& why they're crucial to know)
US CPI data due imminently. The ranges of estimates (& why they're crucial to know)
Unexpected US data results can significantly affect markets
Bonds
SPX
Nasdaq
USD
ForexLive European FX news wrap: Markets pensive awaiting US CPI, more Trump headlines
ForexLive European FX news wrap: Markets pensive awaiting US CPI, more Trump headlines
Forex news from the European morning session on Feb 12, 2025
Session wrap
Wrap Europe
US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior
US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior
Latest data from the Mortgage Bankers Association for the week ending 7 February 2025
A point to note about the US CPI report later
A point to note about the US CPI report later
A seasonal effect might push up the numbers in January
What is the distribution of forecasts for the US CPI?
What is the distribution of forecasts for the US CPI?
Knowing the range of expectations is important, but the distribution of forecasts is another key input in the market's reaction
market overview
European indices hold a slight advance at the open today
European indices hold a slight advance at the open today
Major indices in Europe are aiming for six straight weeks of gains to start the new year
US Roadmap for AI
US Roadmap for AI
“The USA is doing a marathon at the speed of a 100-meter dash when it comes to AI.”
General
What are the main events for today?
What are the main events for today?
All eyes on the US CPI report
market overview
Eurostoxx futures +0.2% in early European trading
Eurostoxx futures +0.2% in early European trading
A calmer mood as we await the main events later in the day
US inflation data in focus but will Trump tariffs steal the thunder?
US inflation data in focus but will Trump tariffs steal the thunder?
Trump said "we'll see" on whether reciprocal tariffs are coming later today
market overview
ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +
ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +
Forex news for Asian trading on Wednesday, February 12, 2025
Session wrap
Wrap Asia
EUR/USD weakens below 1.0400 as traders brace for US PCE release
EUR/USD weakens below 1.0400 as traders brace for US PCE release
The EUR/USD pair remains under selling pressure near 1.0390 during the Asian trading hours on Friday.
EURUSD
Majors
Macroeconomics
Crude Oil price today: WTI price bearish, according to FXStreet data
Crude Oil price today: WTI price bearish, according to FXStreet data
West Texas Intermediate (WTI) Oil price falls on Wednesday, according to FXStreet data.
WTI
Commodities
Oil
Gold Price Forecast: XAU/USD trades around $2,930 amid escalating trade war
Gold Price Forecast: XAU/USD trades around $2,930 amid escalating trade war
XAU/USD trades near a fresh weekly high of $2,929.65, with higher highs in sight.
XAUUSD
Gold
Recommended
ECB
USD/JPY Price Forecast: Bears turn cautious as focus shifts to US inflation figures
USD/JPY Price Forecast: Bears turn cautious as focus shifts to US inflation figures
The USD/JPY pair prolongs its recent well-established downtrend and drops to the lowest level since early October, around mid-146.00s during the first half of the trading action on Tuesday.
USDJPY
GDP
BOJ
TradeWar
Currencies
USD lifted by short-covering into FOMC – Scotiabank
USD lifted by short-covering into FOMC – Scotiabank
Markets are settling into ranges as investors curb risk-taking ahead of the FOMC.
DollarIndex
Technical Analysis
Banks
CAD slips back from probe through upper 1.42s – Scotiabank
CAD slips back from probe through upper 1.42s – Scotiabank
The Canadian Dollar (CAD) rebound petered out below 1.43 yesterday, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Technical Analysis
Banks
EUR drifts lower after another failure around 1.0950 – Scotiabank
EUR drifts lower after another failure around 1.0950 – Scotiabank
Spot has drifted a little lower through the overnight session after failing to progress through the mid-1.09s, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks