Earnings Eyed as Chinese and European Data Misses

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Data from the U.K. and the eurozone added to the already downbeat mood in the markets that started overnight when China released another batch of worrying trade data. Investors may be willing to cheer negative data when it’s coming from the U.S. and potentially forcing the Fed to delay the dreaded rate hike but when the data points to further woes in emerging markets, increased pressure on eurozone powerhouse Germany and further deflationary pressures in the U.K., investors are not so happy.

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