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Wednesday, February 19, 2025

European Markets Wrap-Up: US MBA mortgage applications w.e. 14 February -6.6% vs +2.3% prior

US MBA mortgage applications w.e. 14 February -6.6% vs +2.3% prior

Prior +2.3% Market index 214.9 vs 230.0 prior Purchase index 144.0 vs 153.1 prior Refinance index 593.6 vs 640.6 prior 30-year mortgage rate 6.93% vs 6.95% prior Mortgage applications slumped back in... 

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ECB's Schnabel: We are getting closer to a point where we pause or halt cuts

We are getting closer to a point where we pause or halt cuts. I think R* cannot be any reliable guide for monetary policy in real time. Restriction has come down significantly, up to a point where we... 

Nasdaq Technical Analysis – The path of least resistance remains to the upside

Fundamental Overview The Nasdaq is approaching the all-time highs after a strong rally triggered by the benign US PPI and the Trump's reciprocal tariffs announcement. In fact, despite a higher than ex... 

S&P 500 Technical Analysis – The market is flirting with a new all-time high

Fundamental Overview The S&P 500 is back around the all-time highs after a strong rally triggered by the benign US PPI and the Trump's reciprocal tariffs announcement. In fact, despite a higher th... 

US-EU trade talks one to watch later in the day

Šefčovič will be meeting up with Trump's top economic adviser, Kevin Hassett, trade representative, Jamieson Greer, and commerce secretary, Howard Lutnick. They are expected to meet in Washington some... 

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Latest Forex Orders

FX option expiries for 19 February 10am New York cut

There are a couple to take note of on the board, as highlighted in bold . The first one is for EUR/USD at the 1.0500 level again. The pair has seen price action drop back in between its key hourly mov... 

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