The quiet before the storm - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank explained how the week is a very quiet start data-wise but looks ahead to where it should pick up.

Key Quotes:

By contrast, tomorrow we have China’s Q4 GDP print, along with fixed asset investment, retail sales, and industrial production. In Europe there is the ZEW survey for Germany, and in the US we have the NAHB housing survey.

Wednesday has UK unemployment, along with US housing starts and building permits.

Thursday is of course the pivotal day of the week, with the ECB’s decision the major market focus.

Friday has UK retail sales, US existing home sales, and the US provisional Markit manufacturing PMI.

Overall, it looks like we could be in for more volatility again this week: “With a single bound it was Friday.”

EUR/JPY risks are with the ECB this week

EUR/JPY is currently trading at 135.77 with a high of 136.11 and low of 135.56, currently down 0.19% on the start of the week.
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