There were no data releases from Eurozone yesterday. Markets are still being influenced by explosions in Brussels yesterday. European stocks gained ground Wednesday, with travel-related shares recovering a day after the deadly bombings in Brussels. The euro continues to slide steadily lower as the gains inspired by the dovish move from the Fed last week continue to unwind. The selling pressure is by no means substantial and momentum indicators on the daily chart reflect a corrective move so far without warning of sharp losses.
Tomorrow's session will bring only minor importance German Consumer Climate data. No change is expected. In the US session Durable Goods Orders and Unemployment Claims figures will be published. Analysts forecast 3% decrease in Durable Goods Orders, while Unemployment Claims should incline to 267,000.
Figures to watch:
GfK German Consumer Climate (Thursday 8:00)
Durable Goods Orders (Thursday 14:30)
Unemployment Claims (Thursday 14:30)
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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