Finland Trade Balance fell from previous €-0.24B to €-0.34B in December

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Feb 8, 2016

US 2016Q1 GDP forecast revised higher – Nomura

Research Team at Nomura, suggests that in light of recent release of the US preliminary estimate of 2015 Q4 GDP and other incoming data, they have readjusted their near-term growth outlook.

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Feb 8, 2016

GBP/USD stuck near confluence of Fibo levels

The uptick in the GBP/USD pair seen in Asia, following Friday’s drop, appears to have run out of steam around the confluence of the Fibo levels - 1.4519-1.4516 (38.2% of 1.5230-1.4079 + 23.6% of 1.5930-1.4079).

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