
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
In March, economic sentiment in the European Union headed south for the third month in a row, according to data uncovered by the European Commission on Tuesday. The outcome suggests that economic surge in the European Union wasn’t as steady as previously anticipated.
In March, the Commission's Economic Sentiment Indicator went down to 112.6 from February’s updated outcome of 114.2, which is below the average estimate of 113.4 in a Reuters survey of 34 market experts.
The dismal outcome of economic sentiment paired with diving inflation hopes for customer as well as manufacturers alike, and also earlier data hinting that money supply and loan surge in euro zone had speeded down too, kicked the common currency off a five-week maximum.
Ongoing clashes between Russia and the West and also trade limits recently imposed by Donald Trump have affected markets for the last time. Additionally, they have left their mark on customer and managers all over the world.
As the European Central Bank has recently told, euro zone surge might even outperform hopes in the nearer future, although the sentiment data which is a gauge of a diving trend in Germany, inched down to an 11-month minimum the previous week.
The Commission actually expects the euro zone economy to inch up by approximately 2.3% in 2018 after 2.4% surge the previous year.
The euro zone economy is still driven by the ECB purchasing some 2.5 trillion euro worth of debt for the last three years that has underpinned surge, although has done little to stimulate inflation, staying quite under the major financial intuition’s objective of 2%.
The Commission's Business Climate Indicator, pointing to the phase of the business cycle, went down by more than estimated in March hitting 1.34 versus February’s outcome of 1.48.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
Happy Monday, dear traders! Hope you had a great weekend and you’re ready for the last trading week in 2022! Later this week we’ll announce some exciting news for you, but now let’s look through some interesting news! Today’s events: USA, UK, Hong…
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.