Flash: No one in at the ECB but plenty of data

FXstreet.com (London) - Research teams at BBH noted the ECB will not meet until next Thursday, November 7 but ahead of that, the euro zone will report a host of data this week.

Key Quotes:

“Spain and Ireland report September retail sales on Tuesday”.

“German October CPI and jobs, Spain Q3 GDP and September CPI all come out on Wednesday”.

“On Thursday, Germany reports September retail sales and November GfK consumer confidence”.

“… while Friday sees the start of the October PMI readings with Greece and Spain reporting”.

“The bulk of the final PMI readings from the euro zone will be seen next Monday”.

“More concrete talks about the shape of the new German coalition start on Wednesday. Control of the finance ministry is one of the areas at stakes. This is not just what party would get to appoint the minister, but there is also some talk of changing ministry’s responsibilities including European policy”.

US: Annual Pending Home Sales drop by 1.2% in September

The US Annual Pending Home Sales fell 1.2% in September, following a 5.8% rise in August, the National Association of Realtors reported on Monday.
Devamını oku Previous

EUR/USD threatens daily lows

The EUR/USD hit a fresh daily low at the beginning of the American session after data showed industrial production grew more than expected in September, while pending home sales slumped.
Devamını oku Next