At 10:00 we expect the index of producer prices of Spain, as analysts' forecasts are for the preservation of records of -1.1% to -1.5% monthly and annual basis, the data will have limited impact on the market.
At 11:00, investors will focus on data from Germany IFO index. Business climate index is expected to rise to 106.5 compared to 105.5 points in the previous reporting period. At the same time will become clear and the index for economic expectations. For it is also expected to increase to 102.5 compared to 101.4 points in the previous period. If forecasts justify likely see an increase in the single European currency.
At 11:30 UK Release expect the number of approved applications for mortgage loans to BBA. The forecasts are for a slight increase to 36 500 to 36 717. In better data are likely to see an increase in pounds.
In the US session we have news from the US at 17:30 on Dallas Fed index, and analysts say it will decline by 0.1 points to 4.0 points from 4.1 in the previous period, the data are likely to have limited impact on the market.
Varchev Finance
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.