Good morning and welcome to Thursday’s trading session. Let’s start with the news.

Japan has improved the negative outlook a couple of shades in housing starts this morning.

The european market so far has seen Switzerland’s Consumer Price Index monthlies beat the consensus, but remains in negative territory at -0.4%

England has also negative numbers for their Nationwide House Price Index, which was released at -1.7%.

Europe has quite a few things going on today for them. We are still waiting for Germany’s Unemployment change numbers, Europe’s Unemployment Rate, Consumer Price Index flash estimates, and Italy’s Preliminary Consumer Price Index.

In the US market, we have a ton of news items to cover, first we have a pair of heavy hitters in Canada and the United States, releasing their Gross Domestic Product. Then the USA takes the rest of the cake with Advance GDP price index, Employment Cost Index, Unemployment Claims, Chicago’s Business Barometer, and Natural Gas Storage.

Also look for some words from Us Treasury Secretary Henry Paulson. I wonder what he will say!

Capping the Asian Market, we have pair from Australia, first being the Manufacturing end of the Purchasing Managers Indices, and We will get inflation numbers from TDMI.

SITE NEWS!!!

For the last couple of weeks, instead of posting 3-4 posts a day, I have only done one post a day. Honestly I do not like doing a one post a day, and I think it is really killing the integrity of the site.

As of next week, we will return to doing market reports for European Markets, American Markets, and Asian Markets. We will be doing three posts a day, One before Europe’s Market Open, Another Before The US’s open, and last but definitely not least, Asia’s report before Sydney’s open!!!

Thank you again, and TRADE ON!!!

Thomas Howell
GoForexTrade.com

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