A preview of the calendar in the European trading session
Good day, everyone! Hope you all had a good weekend. The dollar looks to be recovering some ground on the day after the beating last week (and for the most part this year) but it's still a bit early to say if we're going to see things take a turn from here on.
That's about it for the story from Asia. Let's see what's to come in Europe later:
0700 GMT - Germany December import price index data
Changes in German import prices on the month. Not the biggest of data points by any means, shouldn't be expected to move the market in any way. The release of the data may be delayed FYI, in case you missed my post earlier in the month here.
0900 GMT - SNB sight deposits w.e. 26 January
Your weekly check of the deposits kept at the SNB by Swiss banks. This data point used to matter a bit more post-EUR/CHF floor removal, when people were looking for signs of intervention by the SNB - but it hasn't been a key data point since then.
0900 GMT - Italy December PPI reading
A minor data point, really. Not one that markets are all too fussed about to be honest. Just a rough gauge of inflation-related figures in Italy - one of the Eurozone's economies (French and German ones will matter more).
Guess that's it for the European trading session today. No big data points, so let's see what the market sentiment will bring for us.
Hope you all have a great day (and week) ahead, and as always, good luck with your trading!
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