Daily Update - 5th December 2017
Dollar gained momentum after the US Markets opened yesterday evening but this momentum was cut back short with the Supreme Court Decision on the Travel Ban for 6 Muslim Nations which was detrimental for their Global Outlook among investors on the USD. Euro Producer Index reports was not as expected and even though the figures was released with negative figures the USD Travel Ban factor was overlooked by Investors. Another day of low tier data and only significant important data for today will be Markit PMI Composite from Euro Zone. On the Latter part of the day there will be reports from US on Non-Manufacturing & Markit Services Composite figures. Investors will be eyeing closely on cues for the largest Tax Reforms plans for US and this could be the factor this week for the momentum of USD. Yesterday’s Market
Yesterday’s Explained
Today’s Market
Today’s Focus
