Hello there, ready for another wonderful report from GoForexTrade.com?

Let’s cover what happened so far with the Euro Market!

EUROPE - 13:
E13 (Eurozone)
Manufacturing Purchasing Managers Index - 49.2 over 49.1 Expectation
Unemployment Rate - 7.2%

Germany
Retail Sales - +1.3%
Unemployment Change -38K

England
Nationwide House Prices are down -.9% but decrease wasn’t as bas as predicted at -1.1%
Manufacturing PMI was at 45.8. Just a tad under forecast.

Switzerland
SVME PMI was at 54.9.

US MARKET:
O Canada, have an awesome day off! The land of Rush, Molson, and Gilles Villeneuve are having “Canada Day”. Have a good rest, and see you tomorrow!

The US had a few reports released already.
The institute of Supply Management released a Manufacturing Index and Manufacturing Prices. The index came in positively at 50.2 over the 48.6 forecast. And the Prices were at 91.5 over 87.1.

Construction spending also was in bull territory with having only a -.4% decline, instead of a -.5% decline. We are still waiting for a number on Domestic Vehicle Sales. We will recap the number this afternoon.

Oil: Fluctuating around $142 a barrel in the NYMEX.

TRADE ON!!!

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