OctaFX | OctaFX Forex Broker
Open trading account
Back

German ZEW is key next week - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained the key events coming up next week for the EZ and noted the German ZEW as a highlight on 13th Oct.

See here for latest price action in EUR/USD

Key Quotes:

"The ZEW’s current macroeconomic conditions index didn’t even flinch at the volatility on markets and in EMs in August and September, so for this reason, we expect continued gains in October, with an increase to 70.0 (versus consensus for a fall to 64.3).

The same can’t be said for the ZEW macroeconomic expectations index, which has been steadily declining since the spring. We expect a further leg down from 12.1 in September to 8.0 in October (consensus: 6.8)."

EUR/USD falters ahead of 1.1400

EUR/USD picked up some pace and rose to fresh session highs amid no fundamental catalysts ahead of the the long weekend.
Read more Previous

US economic data breakdown in respect of a hike - BNP

Analysts at BNP Paribas noted the key sectors of the US economy in respect to timings of a rate hike from the FED and performances.
Read more Next
Start livechat