Next week’s market movers

  1. Germany’s, France’s and Eurozone’s inflation data are expected to draw some focus.
  2. Attention will be given also to UK and US Manufacturing PMIs
  3. Some market focus will also be shifted towards Germany’s, Eurozone’s and Japan’s Unemployment rates.

On Monday, no major events are expected.

On Tuesday, during the European morning, Eurozone’s consumer confidence indicator for February is to be released. The indicator is forecasted to drop to 0.1 compared to previous reading of 1.4. EUR could weaken as the drop is significant and is the first time the indicator has dropped since July 2017. Please be advised that the indicator had also dropped in February 2017 and 2016, hence the market may be expecting it to rebounce the following month as it did in previous years. Later on, Germany’s preliminary HICP rate for February is due out. The rate is forecasted to decelerate to +1.3% year on year (yoy) compared to previous reading of +1.4% yoy.

Check out the PDF below for the full report!

Week Ahead IronFX Analysis for Feb 26 – March 04

1

XMXM

4.9 rating based on 1,166 ratings
4.9/5 1166
2

DerivDeriv

4.9 rating based on 143 ratings
4.9/5 143
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,447 ratings
1.9/5 4447
5

WisebitcoinWisebitcoin

3.3 rating based on 4,701 ratings
3.3/5 4701