On financial markets, demand for risk remains strong, moving key stock indices further up. Analysts saw signs of a reversal towards acceleration from recent Chinese data. On the other end, UK retail sales statistics disappoint, this time hitting the Pound.
Important market events (GMT):
08:30 UK !!! Retail Sales 09:00 EA !! Consumer Price Index 13:30 US !! Building Permits 14:15 US !!! Industrial Production 15:00 US !!! Consumer Sentiment
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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