Quiet Start to European Trading with Minor Data Releases

Monday, 19 February 2024, 06:19
Today in European trading, the lack of major economic data releases is expected to lead to sideways market movement. Risk sentiment remains stable with major currencies showing subdued activity. Traders are likely to wait for Wall Street's return before making significant moves. The only notable data release is the SNB total sight deposits report, making for a quieter morning trade session.

European Trading Forecast

Today in European trading, the lack of major economic data releases is expected to lead to sideways market movement. Risk sentiment remains stable with major currencies showing subdued activity. Traders are likely to wait for Wall Street's return before making significant moves.

SNB Total Sight Deposits Release

  • Only significant data release for the week ending 16 February

The only notable data release is the SNB total sight deposits report, making for a quieter morning trade session.

I wish you the best of days to come and good luck with your trading! Stay safe out there.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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