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WH economic council director says Trump will decide what he will or won't call off
Remarks by White House economic council director, Kevin Hassett
USD

ForexLive European FX news wrap: Dollar off the highs but risk stays on the defensive
Forex news from the European morning session on Feb 3, 2025
Session wrap
Wrap Europe

Risk stays heavy ahead of North America trading later
S&P 500 futures down 1.6% on the day
market overview

Trump tariffs to send Canada and Mexico into recession?
JP Morgan argues that it could end up being the case
market overview

Eurozone Preliminary HICP inflation rises to 2.5% YoY in January, as expected
The Eurozone Harmonized Index of Consumer Prices (HICP) advanced at an annual rate of 2.5% in January after increasing 2.4% in December, the official data released by Eurostat showed Monday.
Eurozone
Inflation
EconomicIndicator
EURUSD

Italy January preliminary CPI +1.5% vs +1.3% y/y prior
Latest data released by Istat - 3 February 2025
EUR

Eurozone January preliminary CPI +2.5% vs +2.4% y/y expected
Latest data released by Eurostat - 3 February 2025
EUR

Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data.
Silver
Commodities
Metals

UK January final manufacturing PMI 48.3 vs 48.2 prelim
Final data released by S&P Global - 3 February 2025
GBP

ECB's Šimkus backs another 25 bps rate cut in March
Remarks by ECB policymaker, Gediminas Šimkus
ECB

ECB's Kažimír: Latest rate cut moves us closer to our destination
Remarks by ECB policymaker, Peter Kažimír
ECB

SNB total sight deposits w.e. 31 January CHF 441.9 bn vs CHF 441.3 bn prior
Latest data released by the SNB - 3 February 2025
CHF

Eurozone January final manufacturing PMI 46.6 vs 46.1 prelim
Latest data released by HCOB - 3 February 2025
EUR

Germany January final manufacturing PMI 45.0 vs 44.1 prelim
Final reading released by HCOB - 3 February 2025
EUR

France January final manufacturing PMI 45.0 vs 45.3 prelim
Latest data released by HCOB - 3 February 2025
EUR

France January final manufacturing PMI 45.0 vs 45.3 prelim
Latest data released by HCOB - 3 February 2025
EUR

Italy January manufacturing PMI 46.3 vs 46.8 expected
Latest data released by HCOB - 3 February 2025
EUR

Italy January manufacturing PMI 46.3 vs 46.8 expected
Latest data released by HCOB - 3 February 2025
EUR

Switzerland January manufacturing PMI 47.5 vs 48.4 prior
Latest data released by Procure - 3 February 2025
CHF

Spain January manufacturing PMI 50.9 vs 53.3 expected
Latest data released by HCOB - 3 February 2025
EUR

European indices marked lower at the open as Trump tariffs weigh on the market mood
It's shaping up to be quite a rough start to the new month for stocks
Stocks

ECB's Villeroy: Trump tariffs is a very worrying development
Remarks by ECB policymaker, Francois Villeroy de Galhau
ECB

What are the main events for today?
The highlights include the Eurozone CPI, the US ISM Manufacturing PMI and Trump's talks with Canada and Mexico.
market overview

Market Outlook for the Week of 3rd - 7th February
The highlights of the week include inflation in the eurozone, BoE monetary policy announcement and labor market data in Canada and the U.S.
GBP
CAD
USD

Eurostoxx futures -2.6% in early European trading
A rough start to the new month for equities
Stocks

Elon Musk says Trump administration can cut $1 trillion out of the US deficit next year
In the post-Covid world, really? Really?
USD

Japan economy minister says underlying inflation is approaching 2%
Remarks by Japan economy minister, Ryosei Akazawa
JPY

Dollar well in charge in wild start to the new week
Tariff man came and did his thing and it's riling up markets
USD

Silver Price Forecast: XAG/USD retreats below $31.00 as US Dollar climbs on Trump tariffs
Silver price (XAG/USD) tumbles to near $30.90 during the early European trading hours on Monday.
Silver
Commodities
XAGUSD

Wall Street Journal reports China promises not to devalue the yuan
And other proposals
CNY
China Stock Market
China
CNH

FX option expiries for Feb 3 NY cut
FX option expiries for Feb 3 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options

There is an OPEC+ (JMMC) meeting scheduled for today, to review current market conditions
Should be an interesting one!
Oil

ForexLive Asia-Pacific FX news wrap: Trump tariff war triggers USD surge, ‘risk’ slump
Forex news for Asian trading on Monday, February 3, 2025
Session wrap
Wrap Asia

ForexLive Asia-Pacific FX news wrap: Trump tariff war triggers USD surge, ‘risk’ slump
Forex news for Asian trading on Monday, February 3, 2025
Session wrap
Wrap Asia

Federal Reserve speakers on Monday include Bostic and Musalem
Let's hope they have something to say on tariffs!
Fed

JP Morgan on Trump tariffs - reinforce their bullish view on gold
Well, at least they're getting a dip to buy into if they want

JP Morgan on Trump tariffs - reinforce their bullish view on gold
Well, at least they're getting a dip to buy into if they want

Persistent Trump tariffs mean a minus 5% hit to Canada's economy, Mexico -8%, US -1%
Mitch McConnell says tariffs will "be paid for by UIS consumers"
CAD
USD
MXN

Persistent Trump tariffs mean a minus 5% hit to Canada's economy, Mexico -8%, US -1%
Mitch McConnell says tariffs will "be paid for by UIS consumers"
CAD
USD
MXN

AUD/USD dipped under 0.61
Trump tariff trade war on China, Canada and Mexico is triggering a rout in 'risk'
AUD