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Monday, March 3, 2025

European Markets Wrap-Up | Weekly update on interest rate expectations

Weekly update on interest rate expectations

Rate cuts by year-end Fed: 63 bps (95% probability of no change at the upcoming meeting) ECB: 81 bps (96% probability of rate cut at the upcoming meeting) BoE: 52 bps (95% probability of no change at... 

tranche

Dollar stays on the backfoot to kick start the week

The suggestion over the weekend from US commerce secretary Lutnick was that tariffs against Canada and Mexico will go ahead as planned. However, it might not be the 25% tariffs touted initially with p... 

Watch the NVDA Stock Price 'Map'

NVIDIA Stock (NVDA) Key Price Levels & Market Map for Traders and Investors For day traders, short-term swing traders, and investors , understanding key price levels in NVIDIA stock (NVDA) is esse... 

Eurozone February preliminary CPI +2.4% vs +2.3% y/y expected

Prior +2.5% Core CPI +2.6% vs +2.6% y/y expected Prior +2.7% The headline reading is just a touch higher than estimated but both that and core annual inflation are down slightly compared to January at... 

UK January mortgage approvals 66.19k vs 65.65k expected

Prior 66.53k; revised to 66.51k Net consumer credit £1.7 billion Prior £1.0 billion; revised to £1.1 billion Net borrowing of mortgage debt by individuals increased by £0.9 billion to £4.2 billion in... 

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Latest Forex Orders

FX option expiries for 3 March 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for USD/CAD at the 1.4440 level. It's not one that ties to any technical significance and with the dollar and loonie n... 

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