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EZ Service PMIs flat. U.K. data eases. U.S. Services PMI soft
|EZ Service PMIs flat. U.K. data eases. U.S. Services PMI soft|
7 January 2014 00:00 gmt
CALENDAR: AU- Trade. DE- Unemployment, EZ- HICP (CPI). CA- Trade, US- Trade, 3-yr Action, API Energy.
| EURUSD 1.3607
|| U.S. 2.99% +1bp
|| North America: Lower|
| EURJPY 142.23
|| Bund 1.92% -3bp
|| DAX: Lower|
| GBPUSD 1.6369
|| GILT 3.01% -2bp
|| FTSE: Lower|
| USDJPY 104.55
|| JGB 0.73% -1bp
|| Far East Close: Lower|
HIGH IMPACT ITEMS: AU- Trade, DE- Unemployment, EZ- HICP (CPI). CA/US- Trade
- Eurozone final Service PMI releases were mixed to weaker than expected. The U.K. Services PMI fell. With most advanced economies primarily driven by their Services sector, the Service PMIs tend to be very closely watched. See the FOREX FORUM for latest key data and charts as they are released.
- The U.S Service PMI was weaker than expected in December. U.S.. economic data might be turning mixed. See the FOREX FORUM for latest key data and charts as they are released.
- This week features central bank decisions by the Bank of England and the ECB. No policy changes are expected. Monthly u,S. employment data are set for Friday..For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar. See the FOREX FORUM for latest key data and charts as they are released.
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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