Quick Update on Economic Events, Released so far - Forex News by FX Leaders

Quick Update on Economic Events, Released so far

Posted Friday, January 4, 2019 by
Arslan Butt • 1 min read

The Eurozone has released a series of services PMI figures today. Here’s a quick update on numbers:

  • French Prelim CPI m/m fell to 0.0% vs. -0.2% beforehand
  • Spanish Services PMI held steady at 54 vs. 54 beforehand
  • Italian Services PMI fell to 50.5 vs. 50.3 beforehand
  • French Final Services PMI remained neutral at 49.0 vs. 49.6
  • German Final Services PMI fell to 51.8 vs. 52.5 previously
  • German Unemployment Change soared by -14k vs. -16k

Despite all these events, the market is muted as investors await the labor market data from the United States and Canada.

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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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