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
Bearish
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • US, EU said to reach deal to suspend Boeing-Airbus tariffs. $USD $EUR
  • #Silver hit a fresh one month low today. The precious metal is currently trading right around the 25.00 level, its lowest point since late January. $XAG $SLV https://t.co/DhVcp7ULYO
  • 🇷🇺 Inflation Rate YoY (FEB) Actual: 5.7% Expected: 5.5% Previous: 5.2% https://www.dailyfx.com/economic-calendar#2021-03-05
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.06% 🇨🇭CHF: -0.10% 🇯🇵JPY: -0.11% 🇦🇺AUD: -0.41% 🇳🇿NZD: -0.41% 🇬🇧GBP: -0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/N9GeMoaLjM
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.24% Wall Street: 0.07% US 500: -0.34% France 40: -0.55% Germany 30: -0.67% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/XcycPxwwyi
  • Heads Up:🇷🇺 Inflation Rate YoY (FEB) due at 16:00 GMT (15min) Expected: 5.5% Previous: 5.2% https://www.dailyfx.com/economic-calendar#2021-03-05
  • US Indices are currently mixed, paring their earlier morning gains as the trading session advances. The Nasdaq continues to lead the decline. DOW +0.08% NDX -1.41% SPX -0.32% RUT -0.95% $DIA $QQQ $SPY $IWM
  • Rising bond yields keep the USD supported as market sentiment turns negative BTC/USD looking vulnerable to further downside pressure. Get your $btc market update from @HathornSabin here:https://t.co/XyrDPZ13N7 https://t.co/xVbeYd4DHh
  • $EURUSD is still sliding. US 10-year yields haven't really relented an a favorable fundamental wind from NFPs isn't exactly going to hurt the Dollar. Overlaid is the inverted implied Fed rate changes (+18 bps in hikes) through end of 2022 https://t.co/d4IQ6UosVv
  • $USD resistance putting up a fight around $NFP shorter-term, big question is whether buyers can hold up support around this level through today, lots of jostling on st charts (img 2) $DXY https://t.co/htIr1GaOvd https://t.co/bJPA6UeVGV
DailyFX European Market Wrap

DailyFX European Market Wrap

Katie Pilbeam,

Both the London Stock Exchange and Deutsche Boerse dropped during Monday’s European market session after the merger between the two, which had looked all but done and dusted, came into doubt.

The LSE said the deal was unlikely to be approved by the European Commission. The commission insists that the LSE sell its MTS business which it has declined to do. If the failure of the deal – which would have created Europe’s biggest stock exchange -- is officially confirmed, this will be for the third time after two previous attempts back in 2000 and 2005 – ended in failure.

Sterling was under pressure during the session after reports that Scotland could be about to call a second independence referendum. The Times newspaper reported that the British Prime Minister Teresa May is preparing for another vote. The Scottish public rejected independence by a 10-point margin in a 2014 referendum, but now that Britain is leaving the EU, another vote could be on the cards.

In other news, Persimmon reported solid earnings, which demonstrates that despite post-Brexit woes, Britain’s housing sector is in a good position thanks to a deep supply rut.

And on the continent, Eurozone confidence edged up in February, with positive views from industry and the service sector outweighing weakness among consumers and the retail area.

Europe is now looking ahead to US President Donald Trump’s speech to Congress and hoping for more details on his stimulus package.

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

DISCLOSURES