The pace of news flow has picked up on this Tuesday, 27th of February, so find out more by watching the Dukascopy Economic Calendar.
Euro Zone M3 Money Supply statistics for January open this agenda at 9 AM. The annual growth rate of the broad monetary aggregate M3 decreased to 4.6% in December, from 4.9% in November.
Then we have a couple of potential Buck movers scheduled at 1:30 PM GMT, including the January figures of Advance US Durable Goods. Orders for long lasting factory goods jumped in the final month of last year by 2.8%, building on November’s gain of 1.7%.
At the same time, Greeback traders will be monitoring closely as Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee in Washington, DC.
US S&P case Shiller House Price Index for December is out next at 2 PM. The 20 city index returned to growth of 6.4% after slipping briefly to 6.3%.
Then there’s another high importance US publication at 3 PM GMT when Consumer Confidence for February will be available. Confidence improved in January as it rose from 122.1.
A couple of preliminary data reports for January are scheduled in Japan at ten to midnight, including Retail Sales. Sales saw a strong boost at the end of last year as growth surged to 3.6%.
Industrial production is the other report out at the same time. Production jumped by 2.9% in December, but a sharp drop is expected this time around.
New Zealand business confidence for January will be available at midnight. According to ANZ Research, headline business confidence remains low. A net 38% of businesses are pessimistic about the year ahead, versus 39% in November.
UK consumer confidence for February follows just a minute past midnight. Index improved by 4 points in January, but it remains well in the negative territory.
Chinese Purchasing Managers Indexes for February wrap up this agenda at 1 AM. January brought a slight contraction in Manufacturing PMI, while Services PMI edged up. Both indexes stand above the 50 level.
I’m _____________ and that’s all for Tuesday’s overview, but do click back for more on FX markets.

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