Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Probably the most likely economic release of the day to evoke any kind of market reaction will shortly be released. This is the latest (September) German IFO business climate index. The index itself is expected to come in a little lower, at around 88 from 89. Current conditions are just one element of this and the markets will want to see all the components that make up the report. Now, sometimes the market reaction to this report can be somewhat muted, but that does depend on what the data holds. Ahead of this the EUR/USD has recently edged back to fresh session lows, at 1.0632. It is not far removed from that just now, currently trading at 1.0635 with the index due for release very shortly, at 8am GMT
It has been a positive session so far for all the US equity markets this afternoon and all three major indexes are in the green leading into the 4pm...
The US stock markets have just reopened. Ahead of this all three major index futures were clearly buoyed by the US data releases this afternoon...
Start here. Join over 3M Libertex users around the world!