Headlines the Economic Calendar on Tuesday.
We will follow the Eurozone Service PMI and Retail Sales data today. Service PMI is expected to stabilize at 56.2 according to preliminary numbers.
On the other hand, Important data that will provide a hint about growth performance in peripheral Europe is retail sales to be announced. Retail sales growth is expected to fall to -0.7 % compared to a month ago. A better than expected realization will point to a slight recovery in the German economy. This may also support EURUSD pair.
US Trade Balance for October will be published today and it is expected to see the deficit increase to $47.50 billion from $43.50 billion.
US Services PMI is expected to rise to 55.4 from 54.7 in November. However, ISM Non-manufacturing PMI is expected to ease to 59.0 from 60.1 within the same period. A lower than expected Sevice or ISM PMI data would support the deceleration in the dollar index.
29 Mar 18 (Thu)
12:30 pm
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