EUR: Sentix Investor Confidence: 13.3 and positive as compared to the consensus (10.7) as well as the previous 11.9.
EUR: Industrial Production: Year over year change 0.5% and quite negative as compared to the consensus (1.8%) as well as the previous 2.8%.
EUR: German Consumer Price Index: The year over year CPI was 1.3% and though same as expected but was less than the previous 1.4%. There was no change in the year over year harmonized CPI which came out as 1.2%.
EUR: German Gross Domestic Product (preliminary - Q4): The year over year GDP with working day adjustment was 1.4% against the previous quarter's 0.6%. The seasonally adjusted quarter over quarter GDP was 0.4% and positive as compared to the consensus as well as the previous 0.3%.
EUR: Euro-zone's year over year seasonally adjusted preliminary GDP data showed an increase to 0.5% and was positive as compared to the consensus (0.4%) as well as the previous -0.3%.
Fed's Janet L. Yellen's Speech: The speech had positive notes
about the overall economic situation, expected decline in the unemployment and Fed's monetary policy.
USD: MBA Mortgage Applications: -2.0% against the previous 0.4%.
USD: Monthly Budget Statement: USD -10.42 billion and though better than the consensus for -24.50 billion but the data was quite less than the previous 53.20 billion U.S. dollars.
USD: Jobless Claims: Initial claims were 339K and negative as compared to the consensus (330K) as well as the previous 331K. The continuing claims data showed an improvement from the previous 2.971 million to 1.953 million.
USD: Retail Sales (MoM): -0.4% and negative as compared to the consensus (0.0%) as well as the previous 0.2%. Same with the retail sales excluding autos which showed no change against the expected 0.1% and previous 0.7%.
USD: Industrial Production (MoM): -0.3% and negative as compared to the consensus as well as the previous 0.3%.
USD: Reuters/Michigan Consumer Sentiment Index (preliminary): 81.2 and though better than the expected 80.6 but was same as the previous 81.2.