Eurozone February Sentix investor sentiment -8.0 vs -12.8 expected
Euro area investor morale rises for a fourth straight month to its highest since March last year. Sentix notes that this signals that a recession is “off the table” for the time being. The expectations index also improved further to -6.0 from -15.8 in January, to its highest level since February last year. Source link
EURUSD Gains As Eurozone Data Show Modest Return To Growth
EUR/USD Price and Analysis EUR/USD ticks up on better growth data The European Central Bank’s Thursday rate rise was as expected and didn’t offer much support US Data will be in focus as the session goes on Recommended by David Cottle How to Trade EUR/USD The Euro managed modest gains against the US Dollar on […]
Eurozone CPI YoY Flash || 8.5% (Forecast 8.9%, Previous 9.2%)
Eurozone CPI Headline – MoM Flash || -0.4% (Forecast 0.1%, Previous -0.4%) YoY Flash || 8.5% (Forecast 8.9%, Previous 9.2%) Core: YoY Flash || 5.2% (Forecast 5.1%, Previous 5.2%) RELEASE Reuters The headline inflation drop is unlikely to expunge concerns among conservative policymakers that rapid price growth is getting entrenched, a worry reinforced by poor […]
IMF optimism and Eurozone GDP preliminary data in spotlight
The International Monetary Fund (IMF) raised its projection for global growth this year, citing greater-than-anticipated resiliency in economies around the globe and adopting a more positive tone than in its reports from the previous year. The IMF suggests that global growth will reach 2.3%, 0.2% higher than its previous forecast. IMF’s analysts forecast that the […]
Eurozone risks are still tilted to the downside – Credit Agricole
This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Credit Agricole discusses EUR/USD outlook and maintains a cautious bias over the coming weeks. “The positive […]