Good morning! How is everybody doing this fine morning! Waking up to some tea and scones, or some sausage and coffee, or whatever your traditional breakfast is (Mine is caffeine with a side of caffeine.)
The only things we had going on in the previous session in Asia, was the Manufacturing Sales Quarterlies in New Zealand. The NZD takes a nice boost from hearing a positive 3.7% and volume being up .2%! Now that is the some news to start this week!
And the Bank of England decided to sneak one with their late night tea with a Quarterly Bulletin! They had to get the word out with how the inflation issue has racked the economy, and revise monetary policy and rate expectations.
So what is going on this morning? Not a whole heck of a lot in the news room. In a little bit, in Switzerland, we will see numbers on Annual Retail Sales.
900GMT: We will see the Eurozone’s Core Consumer Price Index, and the regular Consumer Price Index, which are current numbers compared to previous year.
That is all for now, and I will see everybody in a few hours for the US market report. There is quite a bit going on if you want another nap and want to perhaps trade the US session instead.
TRADE ON!
Tom Howell
GoForexTrade.com

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Filed under: Asian Wrap Cap/ European Open News by Thomas Howell