Wells Fargo analysts point out that the economic data released last week from across the globe have been decidedly mixed. Key Quotes “In Eurozone service sector confidence improved, but manufacturing confidence fell into contraction territory. Australian employment figures were sturdy, but other data were mostly soft in tone.” “Finally, in Japan, economic figures over past five days have been generally subdued. Given this mixed backdrop, things should remain quiet on global central bank front for now.” “Central bank comments from Europe & Japan have been mostly dovish in recent weeks, while Australia has adopted a more balanced outlook. It could still be some time before these central banks adjust policy rates.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/JPY Technical Analysis: The cross appears bid above the 55-day SMA at 125.48 FX Street 4 years Wells Fargo analysts point out that the economic data released last week from across the globe have been decidedly mixed. Key Quotes "In Eurozone service sector confidence improved, but manufacturing confidence fell into contraction territory. Australian employment figures were sturdy, but other data were mostly soft in tone." "Finally, in Japan, economic figures over past five days have been generally subdued. Given this mixed backdrop, things should remain quiet on global central bank front for now." "Central bank comments from Europe & Japan have been mostly dovish in recent weeks, while Australia has adopted a more balanced outlook. It could… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
