Market Updates: Quick Summary of European Economic Events! - Forex News by FX Leaders

Market Updates: Quick Summary of European Economic Events!

Posted Thursday, January 3, 2019 by
Arslan Butt • 1 min read

What’s up, fellas.

I hope you are enjoying our trading signals. The market is a bit muted now, but this is because traders are waiting on the advance NFP and ISM manufacturing PMI figures from the United States. Both are due in the US session.

So far, the market has released a low impact event.

  • EUR – Spanish Unemployment Change fell to -50.6K vs. -1.8K beforehand
  • EUR– M3 Money Supply y/y fell to 3.7% vs. 3.9% beforehand
  • EUR – Private Loans y/y rises to 3.3% vs. 3.2% previously
  • GBP – Construction PMI fell to 52.8 vs. 53.4

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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