The euro is up against the dollar and pound this morning, after being given a boost yesterday unexpectedly positive economic sentiment data. Expected to be firmly in the negative, the ZEW economic sentiment index instead made its biggest jump on record, as optimism grows among investors over ‘light at the end of the tunnel’.
It was otherwise a relatively positive day for the UK, with unemployment rates holding more or less steady and unemployment aid claimants lower than predicted.
Today, we will see a number of further figures, including the American house price index, European consumer confidence figures and further data from the oil industry.
We have just released our latest Quarterly Forecast – make sure to download your copy today to find out what the major banks are predicting, and how it could impact your upcoming transfers.
