Market volatility in early trading, on the whole, today's data is still not a lot of markets in Europe midday focus, of course, first of all need to focus on is the problem of the German cabinet after the general election, Monday, Merkel initiative to the Social Democratic Party invitation, we hope, "coalition Government" matters talks, Merkel's "flirting" was strong resistance SPD grassroots party members. House Socialist Party leader Frank-Walter Steinmeier declared: "We do not need to hurry to form a coalition government, we may be unable to reach a long-term agreement.
"2009, SPD became the first government Merkel coalition of political parties. 4 years later, SPD was defeated in the parliamentary elections, while this year's elections, SPD's won only 25.7 percent, known as the partner killer Merkel seems particularly difficult problems faced by adding Merkel coalition may cause declining influence, and thus unfavorable political future, it is estimated that the main opposition parties and hesitation.
Prior to the data, the data is poor in Europe has to a certain extent, exacerbated the market's fears of non-US currencies, the German Ifo think tank data released Tuesday show that the German Ifo business climate index in September rose to 107.7, the fifth consecutive month of improvement, but the increase was less than market expectations. The data also show that the German IFO business September Present Situation Index 111.4, 112.5 expected, the former value of 112.0; expectations index 104.2, 104.0 expected, the former value of 103.3, the German IFO business climate weaker after the data release, the euro against the dollar down quickly, the other European officials doves remarks also exacerbated the market's fears of non-US currencies, the ECB Governing Council member Nowotny said the central bank is now talking about the withdrawal of monetary policy measures to deal with the crisis too early. He also said the central bank, the unconventional monetary policy tools remain important.
Fundamental aspects of intraday data disk mainly in Europe, the German consumer confidence index, U.S. new home sales, U.S. durable goods orders and other data is expected to better support the dollar, or, we recommend investors short-term concern.
BY:BFSforex
"2009, SPD became the first government Merkel coalition of political parties. 4 years later, SPD was defeated in the parliamentary elections, while this year's elections, SPD's won only 25.7 percent, known as the partner killer Merkel seems particularly difficult problems faced by adding Merkel coalition may cause declining influence, and thus unfavorable political future, it is estimated that the main opposition parties and hesitation.
Prior to the data, the data is poor in Europe has to a certain extent, exacerbated the market's fears of non-US currencies, the German Ifo think tank data released Tuesday show that the German Ifo business climate index in September rose to 107.7, the fifth consecutive month of improvement, but the increase was less than market expectations. The data also show that the German IFO business September Present Situation Index 111.4, 112.5 expected, the former value of 112.0; expectations index 104.2, 104.0 expected, the former value of 103.3, the German IFO business climate weaker after the data release, the euro against the dollar down quickly, the other European officials doves remarks also exacerbated the market's fears of non-US currencies, the ECB Governing Council member Nowotny said the central bank is now talking about the withdrawal of monetary policy measures to deal with the crisis too early. He also said the central bank, the unconventional monetary policy tools remain important.
Fundamental aspects of intraday data disk mainly in Europe, the German consumer confidence index, U.S. new home sales, U.S. durable goods orders and other data is expected to better support the dollar, or, we recommend investors short-term concern.
BY:BFSforex