Tonight, the US is looking at the following economic releases:
* Wholesale Trade;
* Petroleum Status + Oil Inventories;
* 10y Note Auction.
Tomorrow, it is:
* Jobless Claims;
* Import /Export Prices;
* Bloomberg Consumer Comfort Index;
* Treasury Budget (the monthly state of Federal finances /deficit);
* Money Supply;
* Natural Gas Report;
* Quarterly Services Survey;
* Federal Balance Sheet.
Friday, it is:
* the PPI-FD;
* Retail Sales;
* Business Inventories;
* Consumer Sentiment.
That is a lot of economic data to get through in the next 3 DOW trading sessions.
For Europe, it is tonight:
* PMI Flash (manufacturing, services, composite);
* Balance of Trade;
* Inflation Rate + Core Inflation.
Tomorrow, it is:
* Labour Cost and Wage Growth;
* Construction Output.
Then, on Friday, it is:
* the Current Account.
Tomorrow in Australia it is the employment data, the inflation forecast and unemployment. In the UK, it is the trade balance + results, and the BOE rates decision and monetary policy statement.
So, several very interesting days, ahead.
SGH Price at posting:
$1.05 Sentiment: Hold Disclosure: Not Held
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