Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
German IFO misses forecasts- EUR/USD slips
The May German IFO business climate index has just been released. The markets were expecting around a 1% improvement across all the various readings on this data. The actual numbers have missed on expectations, with current conditions actually falling back to 88.3 from 88.9, where a rise to 89.9 was forecast. Expectations were at 90.4 which was a slight improvement, but overall this data has rather underwhelmed. That said, the reactions across the markets have been very dull. The DAX is a little higher, rising by around 15-20 points after the release. The EUR/USD was trading just above 1.0850 right ahead of the release. It has now slipped back below 1.0845.
Market News
All News-
BOE boss continues to add caution over UK inflation- EUR/GBP on course for a negative daily close
Following the Bank of England decision to leave interest rates unchanged at 4.5%, the BOE governor, Andrew Bailey has been speaking this afternoon... -
S+P 500 back above 5,700 this afternoon
At one point earlier today when the S+P 500 futures were pricing an opening close to 5,625, it seemed unlikely they might push back above 5,700 this... -
US stocks kick off in the red but opening losses pared- check out the Nasdaq 100 now
The US stock markets have not long ago opened for live trading and it has been an across the board lower start to the new trading session. The dollar...
