With no significant data releases scheduled for today the market focus will move the the major events of the week whilst it also continues to analyse the events of last week.
The first significant data of the week will be tomorrow mornings German ZEW survey. Released at 10am Tuesday 19th The ZEW measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic on the German economy. We could well see a slightly weaker Euro this afternoon as the market adjusts for the release.
Wednesday looks to be a huge day for GBP and USD with the release of the Bank of England minutes and UK inflation data followed by literally stacks of US data and numerous speeches.
Don’t forget to check our video updates for more information on this weeks market moving events. See our YouTube channel here
Posted in Daily Market News on May 30 2014
Yesterday saw Janet Yellen, the future Chairman of the Federal Reserve and consequently most influential global financial policy maker, testifying before a Senate Banking Committee in Washington. In her testimony, she confirmed that she will support the Feds current stance of monetary stimulus in order to reduce unemployment until she...VIEW FULL ARTICLE
Posted in Daily Market News on Nov 15 2013 by alex