Tomorrow, Tuesday 03-16-10 at 6:00 AM ET, the EUR German ZEW Survey Economic Sentiment and EUR - EURO-Zone ZEW Survey Economic Sentiment reports will be released.
Also, three other reports – these may not have any influence on the currency markets.
EUR CPI y/y
EUR Core CPI y/y
GBP CB Leading Index m/m
The EUR reports are released by the Centre for European Economic Research (ZEW)
The EUR CPI reports are release VIA Eurostat
The GBP CB report is released VIA The Conference Board, Inc.
I did a “follow up” of last months report, click here for a review.
The EUR – German ZEW Survey Economic Sentiment appears to have the greatest impact on the market.
Here is what is going this month:
EUR German ZEW Economic Sentiment Stats:
previous = 45.1
forecast = 43.5
EUR ZEW Economic Sentiment Stats:
previous = 40.2
forecast = 40.1
Here is how I am set up for tomorrow:
EUR-4-00AM-03-16-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
________________43.5________45.1
Out at 33.5 or less SELL EUR/USD
Out at 53.5 or more BUY EUR/USD
EUR ZEW Economic Sentiment 40.1 40.2
It appears that the economists still believe the EUR German economy is in a decline, again!!
I did post a “follow up” soon after this report is completed, click here to see what happened.
The next schedule release of this report is Tuesday, 04-20-10 at 5:00 AM ET.
I will probably post a “preview” a day or two prior.
Stay tuned!
