Good morning! How did everybody sleep? Ready for some awesome Forex trading today?

First let’s knock out some news from the previous Asian market session.

First on the block is New Zealand’s Merchandise Terms of Trade Quarterlies. The abroad inflation has greatly increased around 4.1%.

From the late night edition, the NIESR GDP in England was estimated at .2%.

From the busy news day in Japan…
The final GDP numbers came out with a 1 percent increase, over the .9% expectation. Corporate Goods index came out at 4.7% but current account numbers and Final GDP price index came back as a negative.

In Australia, the numbers from the Westpac Melbourne Institute came back with a Consumer Sentiment number of -5.6% reflecting the current state of the economy.

Today’s News in the European/England Session…

Easy news day for Europe as we start with the French Consumer Price Index. This is a primary indicator for inflation as it measures fluctuations in prices of consumer goods and services.

Then we take a look at England, we will have numbers for Claimant Count Change, Average Earnings Index + Bonuses, Trade Balance (export vs. imports) and unemployment rate. Get yourself some breakfast and take it easy, as these numbers will not come out until 830GMT.

Here is a current rundown of the currency pairs:
EURUSD 1.5478
USDJPY 107.68
GBPUSD 1.9541
USDCHF 1.0426
USDCAD 1.0235

Enjoy some fine trading and have a good morning! See you around when the US market opens!

TRADE ON!

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