mask Uncertainty Remains as Main Mover with the Dollar & Euro after Trump's Comments

09/ 04/ 2019

Uncertainty Remains as Main Mover with the Dollar & Euro after Trump's Comments

Daily Update - 4th April 2019

Yesterday’s Market

  • EUR Trade Balance
  • US Factory Orders

Yesterday’s Focus

Markets seemed to be quite cautious yesterday due to ECB Meeting taking place this week Wednesday and the Euro Trade Balance report showed there is a steady demand in exchange for German exports, that turned positive growth in the trade balance, and that boosted the Euro against the Dollar yesterday. US Factory orders indicated that US Economy is having a steady inflation growth and growth in the manufacturing sector has improved.

 

Today’s Market

  • AUD Home loans
  • CHF Unemployment rate

The Home Loans released presents the number of home loans. It indicates the housing market trend in Australia and a level of consumer confidence as large housing loans are taken out. CHF Unemployment Rate will be released and it indicates a lack of expansion within the Swiss labor market. As a result, a rise leads to weaken the Swiss economy