mask Theresa May gets turned down 3rd time & Dollar hits 2-week low before Fed Meeting

19/ 03/ 2019

Theresa May gets turned down 3rd time & Dollar hits 2-week low before Fed Meeting

Daily Update - 19th March 2019

Yesterday’s Market

  • JPY Industrial Production

Markets seemed not much volatile due to a quiet day since Markets lacked High-tier data yesterday forcing the Markets to buoy. Political disturbance from Brexit Negotiations had the limelight for the whole day.

 

Today’s Market

  • GBP – ILO Unemployment Rate
  • EUR – ZEW Survey

On Tuesday,  UK Zone will release their ILO Unemployment Rate released by the National Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the UK Economy. If the rate is up, it indicates a lack of expansion within the U.K. labor market. Germany being the largest Economy of Euro Zone their ZEW Survey measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic