Luster is most definitely lacking European releases overnight: December Forecast ActualEuro-zone PPI (MoM) +0.1% +0.1%Euro-zone PPI (YoY) +4.3% +4.3% JanuaryU.K. Construction PMI 55.0 53.9 FebruaryEuro-zone Sentix Investor Confidence 5.70 4.30 European data was pretty much in line with recent performances and confirmed two things, that confidence is still edging lower while inflation through input prices is taking [...]
| Tagged Morning Update |
One more Dollar low to go? There have been no further releases. The following economic releases are due today: DecemberEuro-zone PPI (MoM) +0.1%Euro-zone PPI (YoY) +4.3%U.S. Factory Orders (MoM) +2.4% JanuaryU.K. HBOS House Prices (MoM) – 0.4%U.K. HBOS House Prices (YoY) +4.5%U.K. Construction PMI 55.0U.S. Challenger Job Cuts (YoY) FebruaryEuro-zone Sentix Investor Confidence 5.70 Friday’s numbers from the [...]
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Asia sits back and awaits the lead of Europe Releases from Australia: Forecast ActualQ4 House Price Index (QoQ) +3.0% +3.2% Q4 House Price Index (YoY) 11.8% 12.3%December Trade Balance AUD -2.0bn -1.94bnJanuary Australia TD Securities Inflation (MoM) +0.6% (prior) +0.3%January Australia TD Securities Inflation (YoY) +3.7% (prior) +3.9% Today’s data from Australia doesn’t provide any escape from another rate [...]
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The market still seems to hold return tickets in the Dollar’s ride lower European releases overnight: January Forecast ActualSwiss SVME PMI 60.3 61.6Italian Manufacturing PMI 50.5 50.8French Manufacturing PMI 53.5 53.9German Manufacturing PMI 53.6 54.4Euro-zone Manufacturing PMI 52.6 52.8U.K. Manufacturing PMI 52.5 50.6 With the exception of the U.K. Europe’s manufacturing PMI data was [...]
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