No Actions today. The only open trade is that of EURAUD short.
News:
German business confidence has been slightly lower than expected. According to the index of the German Ifo institute, the weighting of the business climate is 87.3, compared to an expected score of 87.5. However, the figure is better than in the previous month. The situation has improved slightly since the summer.
The confidence of purchasing managers in the United States remained the same in November compared to the previous month. The so-called PMI, which the consultancy firm S&P takes every month, stood at 50.7, just as in October. Anything below 50 indicates an expected recession, anything above indicates growth.
News:
German business confidence has been slightly lower than expected. According to the index of the German Ifo institute, the weighting of the business climate is 87.3, compared to an expected score of 87.5. However, the figure is better than in the previous month. The situation has improved slightly since the summer.
The confidence of purchasing managers in the United States remained the same in November compared to the previous month. The so-called PMI, which the consultancy firm S&P takes every month, stood at 50.7, just as in October. Anything below 50 indicates an expected recession, anything above indicates growth.