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Monday’s significant calendar events begins the week with the latest IFO: business climate, expectations and current assessment sentiment readings, for the German economy. Coming so soon after the poor Markit PMI readings of Friday 22nd of March (for the Eurozone’s largest economy) missed the forecasts by some distance, the results will be carefully monitored when […]

Yesterday the preliminary flash GDP for the euro zone had shown that the economic growth was on a slower pace than expected in the 2nd quarter, mostly caused by the fears over a trade war with the United States. According to Eurostat, the estimated GDP in the euro zone expanded 0.3% for the April to

On Thursday January 25th, at 12:45pm U.K. (GMT) time, the Eurozone’s Central Bank the ECB, will announce their latest decision regarding the E.Z.’s interest rate. Shortly after (at 13:30pm), Mario Draghi, the president of the ECB, will hold a press conference in Frankfurt, to outline the reasons for the decision. He’ll also deliver a statement

The euro fell versus the majority of its peers during Monday’s sessions, analysts at leading banks suggested that the reason for the fall was two fold, firstly; lack lustre inflation data for the Eurozone published on Friday, suggests that the ECB won’t aggressively taper the asset purchase programme in 2018. Secondly; profit taking, as many

Last week ended with the publication of disappointing NFP jobs numbers from the USA; coming in at 148k, versus expectations of circa 190k. A peculiar number suggesting that retailers, working on ever tightening margins, laid off employees earlier than expected during the Xmas season. The unemployment rate remained unchanged at 4.1%, whilst the underemployment rate,

We all decide to enter the world of forex trading with a goal in mind. That goal might be to boost the insufficient returns we receive from a basic savings, deposit account. Or we may view the industry as an opportunity to change careers; firstly by trading part time, with the ambition and vision to