mask Dollar Steadies against Rivals while market cues in for US Data

15/ 05/ 2019

Dollar Steadies against Rivals while market cues in for US Data

Daily Update - 15th May 2019

Yesterday’s Market

  • Germany Harmonized Index
  • GBP ILO Unemployment Rate
  • German ZEW Survey

Yesterday’s Explained

Germany Harmonized Index remains same today and the markets did not seem to pick up the pace against the dollar.While in the GBP Arena ILO Unemployment rate boosted further spiking the Sterling Pound against the  Dollar yesterday and but markets remain cautious about the current Brexit Talks going on.

Finally to conclude the busy day, Germany released their ZEW Survey resulted negative as well pushing the Euro off the edge against the Dollar.

 

Today’s Market

  • Germany GDP
  • Euro zone GDP

Today’s Focus

Euro Zone Gross Domestic Product is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health followed by US Core Retail Sales and Changes in Retail Sales are widely followed as an indicator of consumer spending