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Risk appetite remains under pressure

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers US ISM non-manufacturing is released at 16:00 CET and we expect the index to be stable at the current level (55.3) suggesting that the service sector continues to grow at a moderate pace. Euro area retail sales for December are due at 11:00 CET and the focus is likely to be on any impact of the lower oil price and continued progress in the labour market. We expect to see a small monthly increase on the back of the drop in the oil price. Overall, we look for private consumption to

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