Boe decisions for pound assets will be followed!Yesterday, it was stated that an agreement was reached during the final coalition talks in Germany. In January, a preliminary agreement was reached between the SPD(Social Democratic Party) and the CDU/CSU(Christian Union bloc), but it was expected to be January 21 when the SPD sought approval from its members by the Extraordinary Congress. The final negotiations were initiated here as well. As a final step after yesterday's agreement, it is stated …
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EURUSD overview
Services and compound PMIs described in the euro zone and Germany yesterday resulted in higher expectations, while the euro zone retail sales data took place in parallel with forecasts. On the other hand, the European Central Bank Mario Draghi said in the evening that the euro zone is still growing and that they are moving towards their targets for inflation and price stability. Germany's coalition talks are approaching the last days, while the sides agreed on the issues related to the European …
EURUSD expectation
The euro zone Producer Price Index was announced below expectations on a monthly and annual basis. In the United States, 184 thousand as expected non-agricultural employment data amounted to 200 thousand. The average hourly earnings were 0.3 percent in line with expectations, while the Unemployment Rate data were reported as 4.1 percent in line with expectations. In addition, the data on non-agricultural employment and average Hourly earnings were revised upwards. When we look at the news flow, …