Trump, Davos, USA
Donald Trump spoke at the World Economic Forum in Davos. You have to hear this.
Euro zone investor morale is steady, but expectations weaken
In August, investor sentiment in the euro zone was steady, backed by sturdy current conditions, though future expectations weakened amid ascending worries as for the American economy as well as the potential impact of a widening auto emissions scandal.
In July, the Frankfurt-based Sentix research group's euro zone index slumped from 28.3 points to 27.7 points, which is in line with the mid-range prediction of 27.8 in Reuters survey of financial experts.
However, in July, expectations went down from 19.8 points to 16.0 points, which is in line what the group dubbed a worrying indication.
Expectations are heading south around the globe, led by America, where they sank for a fifth straight time.
The index for Germany slid for a third consecutive month, diving from 37.5 to 33.2 the previous month, with hopes collapsing from 12.5 to 5.75 points in July amid ascending concern as for the emissions scandal, which impacts some big German car makers.
Similar
Trading EUR: await news from the ECB
The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Important events this week will bring us
We expect the US-China phase one trade deal to be signed on Wednesday and multiple important indicators for the USD. Plus, it is the first week of the earnings reports
Latest news
Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Trump, Davos, USA
Donald Trump spoke at the World Economic Forum in Davos. You have to hear this.
Deposit with your local payment systems
