News affect the trading and price movement

in trading •  7 years ago 

The most important news on February 5

At 08:55 GMT
Germany will publish a business sector index for the services sector for January. The growth of the index is positive for the euro.


At 0900 GMT
A composite composite index of activity and an indicator of activity in the Euro-Zone services sector for January will be released. The data affect the euro exchange rate.


At 09:30 GMT,
The UK will release the Business Activity Index for January. Expectations: 53.8 points, after 54.2 points in December. The decline in the index may weaken the pound sterling.


At 10:00 GMT
The volume of retail sales in the euro area will be released for the month of December. Sales growth can support the euro price.


At 14:45 GMT
In the US, indicators for business (composite and services) will be released for January. Data dissemination affects the US Dollar.


At 15:00 GMT
In the US the business activity index will be published in the non-manufacturing sector of the ISM in January. Outlook: 56.3 points after 56 points in December. The index affects the US dollar.
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