Never miss a story from John Rivera

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to John Rivera

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

fx04.14

Fundamental Headlines

• Banks Fight to Block Derivatives Rules– Wall Street Journal
• J.P. Morgan Profit Jumps in First Quarter – Wall Street Journal
• Asian growth adds to positive mood - Financial Times
• Emerging-Market Stocks, Metals Rise on Expansion; Singapore Dollar Surges- Bloomberg
• Singapore Revalues Currency After Raising Estimates for Growth, Inflation - Bloomberg



EUR/USD –  European industrial production rose 0.9% in February building upon the 1.6% improvement the month prior. The increased output surpassed estimates of 0.1% leading to a year over year jump of 4.1%. A 1.5% increase in intermediate goods signals that producers are expecting demand for final goods to improve. The marked improvement in activity is a sign that the region’s recovery remains on track despite the budget deficit issues that many nations are facing. Looking at the breakdown we see that weakness in Germany –the largest economy- was offset by gains from Slovenia, Portugal and Luxembourg. The broader improvement will ease concerns that the recovery may only be found in the largest economies as the rest of the region struggles.To discuss and other topics, please visit the EUR/USD forum.