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European Indices Flat ahead of NFP

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    European Indices Flat ahead of NFP By Brenda Kelly A fairly flat to negative start to proceedings this morning with some profit taking and perhaps a little caution starting to set in amongst risk assets ahead of the US labour report tomorrow. Early macro data releases have not been conducive to upside. ‘’Data dependency’’ is the single most used expression by many FOMC members but choppy global conditions have led markets to maintain the view that a rate hike in the near term is unlikely. US

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