wrapper

There were further signs of improvement in the Spanish service sector during November, with rates of growth in activity and new business edging higher during the month and optimism improving. A faster rise in employment was also recorded. Meanwhile, companies increased their output prices only marginally, in spite of a further solid increase in input costs.

 

The headline seasonally adjusted Business Activity Index posted 55.1 in November, up slightly from 54.6 in October and thereby signalling an acceleration in the rate of expansion during the month. The latest increase was the thirty-seventh in as many months and the sharpest since August.

 

Euro is currently being traded few points above 1.2650 handle. Pair is likely to find support around 1.2550 area and resistance above 1.27 level.

Last modified on Monday, 05 December 2016

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.