EU, US News Set to Impact Markets Today
Better than forecasted German manufacturing data led to modest gains for higher-yielding assets during European trading yesterday. That being said, a record high Spanish unemployment rate limited bullish movement for currencies and commodities like the euro and crude oil. Turning to today, the main pieces of economic news are expected to be the German Ifo Business Climate at 9:00 GMT, followed by the US New Home Sales at 15:00. Riskier currencies like … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards