EUR

Eurozone December current account balance €31.9 billion vs €24.6 billion prior

• Latest data released by the ECB - 20 February 2024

ECB wages data due later today, will it matter?

• The ECB will release the negotiated wages data for Q4 2023 at 1000 GMT

EURUSD Technical Analysis

• The EURUSD pair is now near a key resistance zone. What’s next?

von der Leyen wins German backing for second term as European Commission president

• Reuters reports, citing a source familiar with the matter

Bundesbank says Germany is likely in recession now

• The German central banks comments in its monthly report

Newsquawk week ahead: Minutes from the FOMC, ECB and RBA, flash PMIs and PBOC

• Highlights next week include Flash PMI data, the PBoC MLF and LPR rate decisions, alongside minutes from the FOMC, ECB and RBA.

The chart that explains why investing in the US has been a better bet than Europe

• This needs to be the preoccupation of European policymakers

France January final CPI +3.1% vs +3.1% y/y prelim

• Latest data released by INSEE - 16 February 2024

Germany January wholesale price index +0.1% vs -0.6% m/m prior

• Latest data released by Destatis - 16 February 2024

European Central Bank speakers on Friday include Schnabel, de Cos

Market chatter that ECB will 'tweak' its statement in March, odds of June rate cut firming

• Reports citing newswires

EURUSD runs up to the 100-day MA and backs off. What next for the pair?

• The EURUSD 100-day MA comes in at 1.07853 and stalled the rally today.

EURUSD Technical Analysis

• The EURUSD pair dropped back into the key 1.07 support. What’s next?

European Commission slashes euro area 2024 growth forecast

• The latest projections released by the European Commission - 15 February 2024

Eurozone December trade balance €16.8 billion vs €21.5 billion expected

• Latest data released by Eurostat - 15 February 2024