The post Eco Data 10/16/23 appeared first on Action Forex.
Markets Close to consensus and partially irrelevant; yesterday’s European flash PMIs had little impact on markets. An improvement in the services sector lifted the composite indicator to a still below-neutral 49.5. But most of the Read more…
A wave of selling in the technology sector that emerged earlier this week has weighed on European equities. The trigger was investor concern over the profitability of large-scale debt-funded investments by major US tech companies Read more…
The euro remains under pressure following weak macroeconomic data from the euro area and fresh signals that the European Central Bank is prepared to maintain a more accommodative monetary policy stance. Data released yesterday pointed Read more…