Webinar: Euro-Zone PMIs Point to Economic Growth, Euro Strength
- Euro-Zone PMIs and the German Ifo index indicate a robust economy.
- The data suggest the ECB will reduce its monetary stimulus in due course, to the benefit of the Euro.
A batch of strong Euro-Zone forward-looking indicators released Tuesday has again highlighted the continuing strength of the bloc’s economy. That could lead, eventually, to a reduction in the monetary stimulus currently provided by the European Central Bank and contribute to a firmer currency.
In this webinar, I discuss the numbers before and after their release and what they could mean for EUR/USD and the Euro against GBP and JPY. I also look at the principal Euro-Zone stock market indexes: Germany’s DAX and France’s CAC 40.
Chart: EUR/USD Five-Minute Timeframe (May 23 Intraday)
--- Written by Martin Essex, Analyst and Editor
To contact Martin, email him at email@example.com
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