This coming week will be light on the data front, notes Franklin Wang, Strategist at Nomura. In the US, we will receive the existing home sales data for March on Wednesday; we expect an increase by 2.8% to 5019K... Read more
I can't remember how many times the market has screamed "wolf! wolf!" when referring to a Grexit, during the last 3 years... Read more
After falling down to 1.0519 on Monday, the EUR/USD pair has been steadily rising this week, reaching on Friday a high of 1.0847, from where the pair retraced... Read more
Tuesday: German ZEW Sentiment up-ticking local confidence has been EUR supportive lately, with an improvement in the readings expected
Wednesday: US Existing home sales, the housing sector in the US has been slowing down, which means another tepid reading can affect the USD.
Thursday: Markit European PMIs, aimed to reflect if growth in the EZ continues to pick up; France Manufacturing PMI is the only one still below 50.
Friday: US Durable Goods Orders for March, expected up 0.8% after the surprise fall in February
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