Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Spain lifts EUR/USD with Italy, France and Germany to come
The final service sector PMI data from Spain was released a short while ago and it was revised markedly higher. Previously that data showed a flash reading of 55.5, from a prior monthly reading of 54.7. It has been revised so 56.1 and that is quite an improvement. That news has helped to push the EUR/USD higher. It has now lifted above 1.0850 following that release. At 8.45am GMT we get a similar final revision from Italy. Then at 8.50am we get the same from France and finally, at 8.55am the same from Germany. Now, if all of those see a similar upward revision as we just got from Spain, it could lift the Euro even more, but of course there is no guarantee that will be the case and it could be the opposite. However, right now, it is the prospect of more of the same that has helped to push the EUR/USD to session highs at 1.0854 a moment ago
Market News
All News-
A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
