Good Morning Traders, here’s news which could move the currency markets on Monday the 24th of February:
- The German Ifo Business Climate for February at 09: 00, It measures the Level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers. again from 110.6 to 110.7 is expected. If seen, It will be bullish for the (EUR).
- Euro Zone Final Consumer Price Index for January at 10: 00, It measures the Change in the price of goods and services purchased by consumers. This month is expected to remain the same as the previous month at 0.7%. Generally, a high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
- Japanese Corporate Service Price Index for January at 23: 50. It measures the Change in the price of services purchased by corporations, released monthly by the Bank of Japan. The Index came in stronger than expected last December, posting the strongest monthly gain in more than five years (1.3) %. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).
* All times are GMT
So this was the Economic Calendar for Monday. We’ll be back with our next overview of key events for Tuesday. Goodbye.