Good morning everybody! Reeling off of the european market with more caffeine in me that what a starbucks pumps out in a week. Let’s get to some awesome trading, shall we!

As of right now in the Us, Dallas Fed President Fisher is going to put a few words in at time of writing.

Let’s get out the previous numbers from earlier.

Everything in production did great in Europe this morning! The numbers for Italian, English and French Industrial Production came in positive territory, and English Manufacturing were as well!

England has a great 4.9% increase in home prices over last year. Only if we could say the same thing for the US housing market.

Bank of England Governor Mervyn King spoke strictly about improving financial stability, avoiding the topic of Monetary policies.

Time is in EDT (-4GMT)

At 8:30a we have several reports coming out from Canada and the US

Starting with in Canada with their trade balance numbers. Stateside, we will also see a Trade Balance number come out and Fed governor Mishkin speaks, probably to reflect on recent economic conditions and the trade balance.

9:00a
Canada will state their Banking Interest Rates, and then quote their Overnight rates as well. 2.75% is the magic number here.

10:00a
US releases IBD/TIPP consumer confidence numbers. This is a pool survey where people are polled over a time period and asked to reflect on their opinion on the overall economic conditions. This will be interesting…

Have a great trading day! be back later for noon!

TRADE ON!
Tom Howell
GoForexTrade.com

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