Dollar Steadies for Sino Vs U.S Trade News Deadline, with UK Politics Remains in Focus

Daily Update - 10th December 2019

Yesterday’s Markets

• Germany Trade Balance

Yesterday’s explained

Germany Trade Balance released is a balance between exports and imports of total goods and services. If a steady demand in exchange for German exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.

Today’s Market

• GBP Industrial Production
• Euro ZEW Economic Sentiment

Today’s Focus

Firstly, UK will release their Industrial Production released which measures outputs of the UK factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. Followed by Euro ZEW Economic Sentiment released which measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic.