Monday, March 16, 2015

Happy Saint Patrick’s | Eurozone inflation and German consumer sentiment are centre stage today

Today is March 17th, Saint Patrick’s Day and Ireland’s national day. It is a bank holiday here but we will take the time to set up the timing on, and initiate, the OmiCronFX Mandelbrot algorithmic Forex trading routine. It likes to be in the market every day, in order not take a chance that it will miss something.

Eurozone inflation and consumer sentiment are centre stage today

As we wait for Janet Yellen and her colleagues to give us the benefit of their deliberations over the two day FOMC meeting that starts later today, which they will do tomorrow, and for the minutes of the last Bank of England monetary policy meeting, also to be provided tomorrow, we can examine the Eurozone Consumer Price Index, which is due out at 10:00 this morning GMT time. At the same time the results of the well-respected ZEW survey of Economic Sentiment in both Germany and the EU as a whole will be released. We can expect both of those to impact on the Single Currency.

Now we are off for breakfast, which this morning will comprise of green tea and emerald tinged toast (not).

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