Go Forex Trade!

Good morning and welcome to another great trading session in the European Market. Today is a guarantee for some hardcore business on the money side of things.

In the asian trading session, Japan released their tertiary industry activity index monthlies, and reported a decline of -.2%.

Australia had a pair of reports that came out, First being Westpac Melbourne’s Leading Index, which released a flat 0.0%. Then Glenn Stevens from the Australian Reserve Bank had commented on the possibility of keeping inflation at a low, despite slower growth and a high interest rate.

For the European Market, a busy one indeed, not as busy as the US Market, but it will have some heavy hitters today!

Europe’s Events:
600 GMT:
Germany will release it’s Final Consumer Price Index Monthlies, and 45 minutes later we will see France release their Consumer Price Index Monthlies.

1715 GMT:
Switzerland will put previous years comparisons in Retail Sales up to public…

1830 GMT:
England will have a trio of events going on, starting with a Claimant count Change, with a magic number of 10K. Also look for an Average Earnings Index and Unemployment Rate. Think of this as the “Jobs Report” For England.

Then at 1900 GMT, we will see europe with two more major news reports: The Annual Consumer Price Index and the Core Commodities Annual Consumer Price Index…

Have a great trading session! The US Market will be responsible for 11 news events, including a few very heavy hitting issues! see you then!!!

TRADE ON!!!
Thomas Howell
GoForexTrade.com