Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
Another challenge for the EUR
Information is not investment advice
The Business Climate Indicator will be announced at 12:00 MT on January 8.
The Business Climate Indicator is based on five parameters of business activity and accounting, reported by thousands of companies across the Eurozone. Hence, it gives a comprehensive view of the European manufacturing sector. This year, the BCI has been consistently decreasing month after month with a few exceptions to the overall declining trend. The releases of the last three months were negative, indicating very moderate expectations of the business sector. The November figure of -0.23 fell below the expected -0.14, putting the euro under additional pressure. If the same happens on January 8, EUR will likely drop.
- If the BCI falls below the forecasts, EUR will fall.
- If the BCI outperforms the forecasts, EUR will be supported.
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Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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