Latest sentiment data now out

  • 104.4 prev revised down from 104.6
  • consumer confidence index 117.6 vs 117.0 exp vs 118.4 prev
  • economic sentiment 105.8 vs 107.1 prev

Softer data is not good news heading into 2016 but the caution is understandable given domestic, Eurozone and global concerns

Meanwhile EURUSD shrugs it off and forges higher to post 1.0991 session highs despite equities remaining firm. Sellers/res expected into 1.1000