PMI data to highlight the agenda in Europe today ...Middle East

That will give us a rough idea of how the Eurozone and UK economies are faring to start the new year. For the former, will it be a case of continued sluggishness and negative growth? For the latter, will the late rebound in activity in Q4 carry over to January? Those will be key questions that traders will focus on, even if the reaction in markets might be more muted this time around.The data releases today should not change much of the outlook for the ECB and BOE, but just be prepared in case we do get any surprises.Going into European trading, the dollar is lightly softer with USD/JPY down 0.3% to 147.85 and being the notable mover. It comes as Treasury yields are a touch softer amid more

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Last updated : 24 January 2024 clock 09:01 AM

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PMI data to highlight the agenda in Europe today ...Middle East

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