US President Rattles The Euro

February 3, 2025
US President Rattles The Euro

Early trading has seen the Euro drop heavily versus both the Dollar and the Pound.

Business rhetoric is heavily involved with the tariff news with contrary economic outcomes anticipated.

Donald Trump has indicated he can work with the UK without imposing tariffs.

However the Pound has still dropped heavily versus the Dollar this morning.

Today sees the Eurozone inflation number reported with 2.5% annualised growth expected to be revealed.

There's American manufacturing data out later in the afternoon and a snapshot of the UK retail sector just after midnight.

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Economic calendar

EUR: 10:00 Inflation Report

US: 15:00 ISM Manufacturing PMI

UK: Tuesday 00:01 BRC Like for Like Retail Sales

As ever we look forward to keeping you in the loop and look out for our next update.
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