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German ZEW falls to lowest in 2 years- EUR/USD slips
The August German ZEW index has just been released and it has come in lower across the board. The index has come in at 19.2 compared to an expected reading of 32. All the other components have come in below estimates too and this is the lowest reading for the index in over 2 years. The EUR/USD has dropped back on this news, but in real terms not by that much yet. However, make no mistake, this was not a good report today and the Euro will do well to entirely shrug this data off. The EUR/USD is currently trading at 1.0816
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
