Webinar: Market Sentiment Sours Towards Euro But Positive Elsewhere
- In the US, consumer sentiment is broadly positive but less so in manufacturing and business.
- In Europe, political concerns are undermining confidence.
- In this webinar, DailyFX Analyst and Editor Martin Essex looks at market sentiment and the events coming up that are likely to influence it, and therefore have an impact on asset prices.
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Market sentiment towards the Euro is poor because of political concerns. However, consumer confidence in the US remains high, although data due this week on manufacturing and business confidence will likely show sentiment there is less buoyant.
In the Euro-Zone, the key figures to look out for this week are from the ZEW’s survey of investors and analysts, which are likely to be positive and support expectations that the European Central Bank will reduce its asset-purchase program early next year. In the UK, Brexit developments need to be watched closely.
--- Written by Martin Essex, Analyst and Editor
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.