šØ EUROPE SERVICES SENTIMENT CRASH! šØ
ā ļø This data drop is HUGE for market sentiment heading into the new year.
ā¢ Europe Services Sentiment for December came in at 5.6.
ā¢ This is below the expected 5.9 reading.
ā¢ Previous reading was 5.8. Weakness confirmed.
The macro picture is getting shaky. Keep risk tight. This signals potential headwinds for risk assets globally. Time to watch the majors closely.