News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Gold: 0.29% Oil - US Crude: 0.20% Silver: -1.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/LMrQaQ7B2w
  • USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Feb 09, 2021 when USD/JPY traded near 104.58. A contrarian view of crowd sentiment points to USD/JPY strength. https://www.dailyfx.com/sentiment https://t.co/DPKYqyxoxs
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.31% 🇳🇿NZD: -0.00% 🇨🇦CAD: -0.02% 🇬🇧GBP: -0.15% 🇪🇺EUR: -0.18% 🇨🇭CHF: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/3l4wXOECwe
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.71% Germany 30: 0.36% France 40: 0.27% Wall Street: -0.20% US 500: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/dBKsn9756w
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/zEEUHZBx7g https://t.co/D6pqxwS0eY
  • Coming up at half past the hour... my free webinar on market sentiment. Do join me if you can. You can sign up here: https://www.dailyfx.com/webinars #sentiment
  • 💶 Inflation Rate MoM Flash (FEB) Actual: 0.2% Previous: 0.2% https://www.dailyfx.com/economic-calendar#2021-03-02
  • 💶 Inflation Rate YoY Flash (FEB) Actual: 0.9% Expected: 0.9% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2021-03-02
  • 💶 Core Inflation Rate YoY Flash (FEB) Actual: 1.1% Expected: 1.1% Previous: 1.4% https://www.dailyfx.com/economic-calendar#2021-03-02
  • Italy will likely seek more stimulus as the outlook for coronavirus worsens $EUR
DailyFX European Market Wrap: DAX, FTSE Mixed Ahead of FOMC, Brexit Bill

DailyFX European Market Wrap: DAX, FTSE Mixed Ahead of FOMC, Brexit Bill

Jeremy Naylor,

A solid start to February for European markets as investors focus on corporate earnings.

A boost for basic resources also helping the London bourse after data showed an expansion in Chinese industrial production. Also playing into the market is the dollar declines we have seen over the past month, the worst January in 30 years. President Trumps comments, that currency devaluation by other countries had increased drugmakers' outsourcing of their production hitting the currency hard.

President Trump said countries like Japan, China and Germany 'play the market while we sit like a bunch of dummies', signalling a possible change in stance regarding the strong dollar policy.

Later today, the Federal Reserve meets for its February policy meeting, At the same time, 19:00 GMT, UK Parliament is huddling to vote on the government's Brexit bill.

--- Written by Jeremy Naylor, DailyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES