Australian Dollar (AUD) is expected to trade in 0.6355/0.6400 range. In the longer run, AUD could advance further, potentially reaching 0.6455, UOB Group’s FX analysts…
German IFO Business Climate Index misses estimates with 85.2 in February. The IFO Current Economic Assessment Index fell to 85 in the reported month. The headline German…
New Zealand’s Retail Sales, a measure of the country’s consumer spending, rose 0.9% QoQ in the fourth quarter (Q4) from the previous reading of a 0.1%…
UK Services PMI rose slightly to 51.1 in February, a positive surprise. Manufacturing PMI in the UK unexpectedly declined to 46.4 in February. GBP/USD holds…
Eurozone Manufacturing PMI rose to 47.3 in February, beating 47 estimate. Bloc’s Services PMI dropped to 50.7 in February vs. 51.5 forecast. EUR/USD keeps losses…
Germany’s Manufacturing PMI rises to 46.1 in February vs. 45.5 forecast. Services PMI for the German economy drops to 52.2 in February vs. 52.5 estimated.…
The UK Retail Sales jumped 1.7% MoM in January, a big beat. Monthly core Retail Sales for the UK rose 2.1% in January. GBP/USD rises…
Japan’s National Consumer Price Index (CPI) climbed 4.0% YoY in January, compared to the previous reading of 3.6%, according to the latest data released by the Japan…
Australia’s Unemployment Rate rose to 4.1% in January from 4.0% in December, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The…
Created on December 09, 2020 Eurostat revises GDP, employment figures; EUR weakens against the USD; Eurozone economy has a lot of ground to regain. Eurostat…