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Tuesday, February 18, 2025

European Markets Wrap-Up: UK December ILO unemployment rate 4.4% vs 4.5% expected

UK December ILO unemployment rate 4.4% vs 4.5% expected

Prior 4.4% Employment change 107k vs 48k expected Prior 35k Average weekly earnings +6.0% vs +5.9% 3m/y expected Prior +5.6% Average weekly earnings ex bonus +% vs +5.9% 3m/y expected Prior +5.6% Janu... 

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Russia dubs Trump as a problem solver ahead of peace talks in Riyadh

Russia's sovereign wealth fund chief, Kirill Dmitriev, is out in Riyadh saying that: "We really see that President Trump and his team is a team of problem solvers, people who have already addressed a... 

Dollar holds steadier ahead of European trading

The RBA was the key highlight to start the day and they delivered a more hawkish rate cut, more or less what was expected. The central bank made clear that this doesn't mean there will be another in A... 

RBA governor Bullock: We still think policy is in restrictive territory

As we are still in restrictive territory, that is still exerting downwards pressure on inflation We didn't go as high (on rates) as other countries, so they've had to cut quite quickly We can still po... 

RBA's Bullock: If we thought we needed to raise rates further previously, we would've

We felt the best way to bring inflation down was to keep rates where they were for an extended period Now is the right time to unwind the rate hikes But policy is still restrictive and that will conti... 

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Latest Forex Orders

FX option expiries for 18 February 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0500 mark once more. Given the more limited price action and follow through from last week, the e... 

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