EU December confidence indices 08.01.2018

  • Economic Sentiment indicator 116 vs 114.8 exp, prior 114.6
  • Industrial Sentiment 9.1 vs 8.4 exp, prior 8.2
  • Business climate 1.7 vs 1.51 exp, prior 1.49
  • Services Sentiment 18.4 vs 16.5 exp, prior 16.3
  • Consumer inflation expectations 13.6 vs 16.0 prior
  • Selling price expectations 13.4 vs 11.1 prior

A beat, Retail sales beating expectations as well . European data continue to come out on the better side .
1.2000 will act as the pivot of the day in EURUSD . EURGBP is forming a base in the 0.8850 zone ,bought the dip there with a tight stop 0.8835

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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